The Journal of Legal Studies

1974 - 2025

From University of Chicago Press
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Volume 44, issue S2, 2015

Introduction: Legal Decision Making under Deep Uncertainty pp. S319 - S335

David Weisbach

A Bayesian Framework for the Precautionary Principle pp. S337 - S365

Nabil I. Al-Najjar

Randomizing Regulatory Approval for Adaptive Diversification and Deterrence pp. S367 - S385

Charles Manski

Regulating Ambiguous Risks: The Less than Rational Regulation of Pharmaceuticals pp. S387 - S422

W Viscusi and Richard Zeckhauser

Abating Carbon Dioxide Emissions from Electric Power Generation: Model Uncertainty and Regulatory Epistemology pp. S423 - S445

Alan H. Sanstad

On Sturdy Policy Evaluation pp. S447 - S473

William Brock and Steven Durlauf

Rationally Arbitrary Decisions in Administrative Law pp. S475 - S507

Adrian Vermeule

Gambling over Growth: Economic Uncertainty, Discounting, and Regulatory Policy pp. S509 - S528

Daniel A. Farber

Volume 44, issue S1, 2015

Introduction pp. S1 - S6

Thomas J. Miles and Omri Ben-Shahar

Salience Theory of Judicial Decisions pp. S7 - S33

Pedro Bordalo, Nicola Gennaioli and Andrei Shleifer

The Law and Positive Political Theory of Panel Effects pp. S35 - S58

Emerson H. Tiller

The Politics of Opinion Assignment and Authorship on the US Court of Appeals: Evidence from Sexual Harassment Cases pp. S59 - S85

Sean Farhang, Jonathan P. Kastellec and Gregory J. Wawro

Judicial Noncompliance with Mandatory Procedural Rules under the Private Securities Litigation Reform Act pp. S87 - S105

M. Todd Henderson and William H. J. Hubbard

The Role of Competence in Promotions from the Lower Federal Courts pp. S107 - S131

Stephen J. Choi, Mitu Gulati and Eric A. Posner

Judicial Decision Making: A Dynamic Reputation Approach pp. S133 - S159

Alma Cohen, Alon Klement and Zvika Neeman

Partisanship in State Supreme Courts: The Empirical Relationship between Party Campaign Contributions and Judicial Decision Making pp. S161 - S185

Michael S. Kang and Joanna M. Shepherd

Is Justice Really Blind? Race and Reversal in US Courts pp. S187 - S229

Maya Sen

Do Attorney Surveys Measure Judicial Performance or Respondent Ideology? Evidence from Online Evaluations pp. S231 - S267

Thomas J. Miles

Do the Justices Vote Like Policy Makers? Evidence from Scaling the Supreme Court with Interest Groups pp. S269 - S293

Joshua B. Fischman

Revisiting the Ideology Rankings of Supreme Court Justices pp. S295 - S317

Lee Epstein, William M. Landes and Richard Posner

Volume 44, issue 2, 2015

Disgorgement Damages for Accidents pp. 249 - 276

Robert Cooter and Ariel Porat

An Empirical Study of Political Bias in Legal Scholarship pp. 277 - 314

Adam S. Chilton and Eric A. Posner

An Economic Analysis of Black-White Disparities in the New York Police Department's Stop-and-Frisk Program pp. 315 - 360

Decio Coviello and Nicola Persico

Decriminalizing Delinquency: The Effect of Raising the Age of Majority on Juvenile Recidivism pp. 361 - 388

Charles E. Loeffler and Ben Grunwald

On the Equilibrium Effects of Nudging pp. 389 - 416

Ran Spiegler

The Failure of Constitutional Torture Prohibitions pp. 417 - 452

Adam S. Chilton and Mila Versteeg

Price Caps in Multiprice Markets pp. 453 - 476

Oren Bar-Gill

Volume 44, issue 1, 2015

Testing for Racial Prejudice in the Parole Board Release Process: Theory and Evidence pp. 1 - 37

Shamena Anwar and Hanming Fang

Assessing Racial Disparities in Parole Release pp. 39 - 74

Stéphane Mechoulan and Nicolas Sahuguet

Free at Last? Judicial Discretion and Racial Disparities in Federal Sentencing pp. 75 - 111

Crystal S. Yang

The Hierarchical Influence of Courts of Appeals on District Courts pp. 113 - 141

Christina L. Boyd

Does the Endowment Effect Justify Legal Intervention? The Debiasing Effect of Institutions pp. 143 - 182

Jennifer Arlen and Stephan Tontrup

Do Institutional Investors Value the Rule 10b-5 Private Right of Action? Evidence from Investors' Trading Behavior following Morrison v. National Australia Bank Ltd pp. 183 - 227

Robert P. Bartlett

Does the Social Cost of Carbon Matter? Evidence from US Policy pp. 229 - 248

Robert Hahn and Robert Ritz

Volume 43, issue S2, 2014

Benefit-Cost Paradigms in Financial Regulation pp. S1 - S34

Eric A. Posner and E. Glen Weyl

The Compelling Case for Stronger and More Effective Leverage Regulation in Banking pp. S35 - S61

Anat Admati

Challenges for Cost-Benefit Analysis of Financial Regulation pp. S63 - S105

John Cochrane

Efficiency and Benefit-Cost Analysis of the Financial System pp. S107 - S120

Thomas Philippon

On Experimentation and Real Options in Financial Regulation pp. S121 - S149

Matthew Spitzer and Eric Talley

Pareto Efficiency with Different Beliefs pp. S151 - S171

Gabrielle Gayer, Itzhak Gilboa, Larry Samuelson and David Schmeidler

Challenges to a Policy Treatment of Speculative Trading Motivated by Differences in Beliefs pp. S173 - S182

Darrell Duffie

Why Do Hedgers Trade So Much? pp. S183 - S207

Ing-Haw Cheng and Wei Xiong

Consumer Credit: Too Much or Too Little (or Just Right)? pp. S209 - S237

Jonathan Zinman

A Simple Framework for Estimating Consumer Benefits from Regulating Hidden Fees pp. S239 - S252

Sumit Agarwal, Souphala Chomsisengphet, Neale Mahoney and Johannes Stroebel

The Futility of Cost-Benefit Analysis in Financial Disclosure Regulation pp. S253 - S271

Omri Ben-Shahar and Carl E. Schneider

Rules, Standards, and Complexity in Capital Regulation pp. S273 - S296

Prasad Krishnamurthy

Rules and Standards When Compliance Costs Are Private Information pp. S297 - S329

Maciej Kotowski, David A. Weisbach and Richard Zeckhauser

Accounting for Financial Innovation and Borrower Confidence in Financial Rule Making: Analogies from Health Policy pp. S331 - S349

Daniel Carpenter

The Empty Call for Benefit-Cost Analysis in Financial Regulation pp. S351 - S378

Jeffrey N. Gordon

The Institutional Framework for Cost-Benefit Analysis in Financial Regulation: A Tale of Four Paradigms? pp. S379 - S405

Robert P. Bartlett

Volume 43, issue 2, 2014

Inferences from Litigated Cases pp. 209 - 248

Daniel Klerman and Yoon-Ho Alex Lee

The Economic Value of a Law Degree pp. 249 - 289

Michael Simkovic and Frank McIntyre

Does Class Size Affect the Gender Gap? A Natural Experiment in Law pp. 291 - 321

Daniel E. Ho and Mark G. Kelman

Bias in the Legal Profession: Self-Assessed versus Statistical Measures of Discrimination pp. 323 - 357

Heather Antecol, Deborah Cobb-Clark and Eric Helland

On the Evolution of Collective Enforcement Institutions: Communities and Courts pp. 359 - 400

Scott Masten and Jens Prüfer

Climate Impacts on Economic Growth as Drivers of Uncertainty in the Social Cost of Carbon pp. 401 - 425

Elisabeth J. Moyer, Mark D. Woolley, Nathan J. Matteson, Michael J. Glotter and David A. Weisbach

Volume 43, issue 1, 2014

Does Anyone Read the Fine Print? Consumer Attention to Standard-Form Contracts pp. 1 - 35

Yannis Bakos, Florencia Marotta-Wurgler and David R. Trossen

A Model of Cause Lawyering pp. 37 - 63

Scott Baker and Gary Biglaiser

Does More Speech Correct Falsehoods? pp. 65 - 93

Edward Glaeser and Cass Sunstein

Optimal Agency Bias and Regulatory Review pp. 95 - 135

Ryan Bubb and Patrick Warren

Forfeiture of Illegal Gains, Attempts, and Implied Risk Preferences pp. 137 - 153

Murat C. Mungan and Jonathan Klick

Decomposing Racial Disparities in Prison and Drug Treatment Commitments for Criminal Offenders in California pp. 155 - 187

John MacDonald, Jeremy Arkes, Nancy Nicosia and Rosalie Pacula

On the Interaction between Legal and Reputational Sanctions pp. 189 - 207

Edward M. Iacobucci