Established in 2011 with a visionary gift from Richard Paul Richman, JD ’72, MBA ’73, the Richard Paul Richman Center for Business, Law, and Public Policy at Columbia University is a joint venture of Columbia's Business and Law Schools. The Richman Center promotes evidence-based public policy and fosters dialogue and debate on emerging policy questions where business and markets intersect with the law.
The center supports empirical, theoretical, and institutional research targeting central issues at the nexus of law and markets, both domestically and internationally, and helps translate this academic research into practical strategies for executing new regulatory reforms and business opportunities. It also fosters curricular innovations and student activities that tap synergies between the Business and Law Schools.
Articles
Benign Restraint: The SEC's Regulation of Execution Systems, David M. Schizer
Creditor Control and Conflict in Chapter 11, Kenneth M. Ayotte and Edward R. Morrison
Energy Subsidies: Worthy Goals, Competing Priorities, and Flawed Institutional Design, David M. Schizer
Enlisting the Tax Bar, David M. Schizer
Executives and Hedging: The Fragile Legal Foundation of Incentive Compatibility, David M. Schizer
Fiscal Policy in an Era of Austerity, David M. Schizer
Frictions as a Constraint on Tax Planning, David M. Schizer
Limiting Tax Expenditures, David M. Schizer
Litigation & Professional Responsibility: Is Overlawyering Overtaking Democracy?, David M. Schizer
Market Bubbles and Wasteful Avoidance: Tax and Regulatory Constraints on Short Sales, Michael R. Powers, David M. Schizer, and Martin Shubik
Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide, Christopher Mayer, Edward R. Morrison, Tomasz Piskorski, and Arpit Gupta
Realization as Subsidy, David M. Schizer
Rolling Back the Repo Safe Harbors, Edward R. Morrison, Mark J. Roe, and Christopher S. Sontchi
Serial Entrepreneurs and Small Business Bankruptcies, Douglas G. Baird and Edward R. Morrison
Serial Entrepreneurs and Small Business Bankruptcies, Douglas G. Baird and Edward R. Morrison
Sticks and Snakes: Derivatives and Curtailing Aggressive Tax Planning, David M. Schizer
Subsidizing Charitable Contributions: Incentives, Information, and the Private Pursuit of Public Goals, David M. Schizer
Subsidizing the Press, David M. Schizer
The Shale Oil and Gas Revolution, Hydraulic Fracturing, and Water Contamination: A Regulatory Strategy, Thomas W. Merrill and David M. Schizer
Understanding Venture Capital Structure: A Tax Explanation for Convertible Preferred Stock, Ronald J. Gilson and David M. Schizer
Why Defenders Feel Defensive, Jane M. Spinak
Essays
Bankruptcy's Rarity: An Essay on Small Business Bankruptcy in the United States, Edward R. Morrison
Between Scylla and Charybdis: Taxing Corporations or Shareholders (or Both), David M. Schizer
Is the Bankruptcy Code an Adequate Mechanism for Resolving the Distress of Systemically Important Institutions?, Edward R. Morrison
Responses/Comments
Judicial Review of Discount Rates Used in Regulatory Cost-Benefit Analysis, Edward R. Morrison
Working Papers
Bankruptcy Decisionmaking: An Empirical Study of Continuation Bias in Small-Business Bankruptcies, Edward R. Morrison
Between Scylla and Charybdis: Taxing Corporations or Shareholders (or Both), David M. Schizer
Border Adjustments and the Conservation of Tax Planning, David M. Schizer
Energy Subsidies: Worthy Goals, Competing Priorities, and Flawed Institutional Design, David M. Schizer
Enlisting the Tax Bar, David M. Schizer
Executives and Hedging: The Fragile Legal Foundation of Incentive Compatibility, David M. Schizer
Fiscal Policy in an Era of Austerity, David M. Schizer
Frictions as a Constraint on Tax Planning, David M. Schizer
Limiting Tax Expenditures, David M. Schizer
Serial Entrepreneurs and Small Business Bankruptcies, Douglas G. Baird and Edward R. Morrison
Sticks and Snakes: Derivatives and Curtailing Aggressive Tax Planning, David M. Schizer
Subsidizing the Press, David M. Schizer
The Shale Oil and Gas Revolution, Hydraulic Fracturing, and Water Contamination: A Regulatory Strategy, Thomas W. Merrill and David M. Schizer