The Center for Law and Economic Studies’ basic mandate is to develop interdisciplinary research and teaching programs in order to shed new light on the “fundamental economic and legal problems of the modern industrial society.”
The center, founded in 1975, now sponsors an extensive program of research, teaching, and public discussion of law and economic issues. It has taken the lead in developing new interdisciplinary courses and seminars at Columbia. The center has supported many major research projects, which have included participants from law, economics, business, and other disciplines. In addition, the center provides regular support for research by Columbia faculty members. The first major project was on industrial concentration; subsequent projects have included corporate takeovers, regulation of electric power, and corporate governance.
Publications from 2020
Book Chapter: How to Help Small Businesses Survive COVID-19, Todd Baker and Kathryn Judge
Working Paper: Stress Testing During Times of War, Kathryn Judge
Working Paper: Why the Fed Should Issue a Policy Framework for Credit Policy, Kathryn Judge
Publications from 2019
Working Paper: Board 3.0 – An Introduction, Ronald J. Gilson and Jeffrey N. Gordon
Working Paper: The Data Standardization Challenge, Kathryn Judge and Richard Berner
Publications from 2018
Working Paper: The Origins of a Capital Market Union in the United States, Jeffrey N. Gordon and Kathryn Judge
Publications from 2016
Working Paper: After The Golden Victory: Still Lost at Sea, Victor P. Goldberg
Publications from 2015
Working Paper: A Crib Sheet for Contracts Profs, Victor P. Goldberg
Working Paper: Licensing Commercial Value: From Copyright to Trademarks and Back, Jane C. Ginsburg
Publications from 2014
Working Paper: Asking the Right Questions in Copyright Cases: Lessons from Aereo and its International Brethren, Rebecca Giblin and Jane C. Ginsburg
Working Paper: Fee-Shifting Bylaw and Charter Provisions: Can They Apply in Federal Court? – The Case for Preemption, John C. Coffee Jr.
Working Paper: Letter from the U.S.: Exclusive Rights, Exceptions, and Uncertain Compliance with International Norms – Part II (Fair Use), Jane C. Ginsburg
Working Paper: Letter from the U.S.: Exclusive Rights, Exceptions, and Uncertain Compliance with International Norms – Part I (Making Available Right), Jane C. Ginsburg
Working Paper: Merger Control Procedures and Institutions: A Comparison of the EU and US Practice, William E. Kovacic, Petros C. Mavroidis, and Damien J. Neven
Working Paper: Tax and Corporate Governance: The Influence of Tax on Managerial Agency Costs, David M. Schizer
Working Paper: We Need to Talk About Aereo: Copyright-Avoiding Business Models, Cloud Storage and a Principled Reading of the "Transmit" Clause, Rebecca Giblin and Jane C. Ginsburg
Publications from 2013
Working Paper: Idiosyncratic Risk During Economic Downturns: Implications for the Use of Event Studies in Securities Litigation, Edward G. Fox, Merritt B. Fox, and Ronald J. Gilson
Working Paper: Multilateral Environmental Agreements in the WTO: Silence Speaks Volumes, Henrik Horn and Petros C. Mavroidis
Publications from 2012
Working Paper: Law by Non Sequitur: NorCon v. Niagara Mohawk, Victor P. Goldberg
Working Paper: The New Class Action Landscape: Trends and Developments in Class Certification and Related Topics, John C. Coffee Jr. and Alexandra D. Lahav
Publications from 2011
Working Paper: Dodd-Frank for Bankruptcy Lawyers, Douglas G. Baird and Edward R. Morrison
Publications from 2010
Working Paper: Bail-Ins Versus Bail-Outs: Using Contingent Capital to Mitigate Systemic Risk, John C. Coffee Jr.
Working Paper: Dispersed Ownership: The Theories, the Evidence, and the Enduring Tension Between "Lumpers" and "Splitters", John C. Coffee Jr.
Publications from 2009
Working Paper: Chrysler, GM and the Future of Chapter 11, Edward R. Morrison
Working Paper: Enhancing Investor Protection and the Regulation of Securities Markets, John C. Coffee Jr.
Working Paper: Into the Void: Governing Finance in Central & Eastern Europe, Katharina Pistor
Publications from 2006
Working Paper: Financial Contracts and the New Bankruptcy Code: Insulating Markets from Bankrupt Debtors and Bankruptcy Judges, Edward R. Morrison and Joerg Riegel
Publications from 2005
Working Paper: A Theory of Corporate Scandals: Why the U.S. and Europe Differ, John C. Coffee Jr.
Working Paper: Reading Wood v. Lucy, Lady Duff-Gordon with Help from the Kewpie Dolls, Victor P. Goldberg
Working Paper: Risk Management in Long-Term Contracts, Victor P. Goldberg
Publications from 2004
Working Paper: Choice as Regulatory Reform: The Case of Japanese Corporate Governance, Ronald J. Gilson and Curtis J. Milhaupt
Working Paper: The Efficient Design of Option Contracts: Principles and Applications, Avery W. Katz
Working Paper: Understanding Macs: Moral Hazard in Acquisitions, Ronald J. Gilson and Alan Schwartz
Publications from 2003
Working Paper: Innovation in Corporate Law, Katharina Pistor, Yoram Keinan, Jan Kleinheisterkamp, and Mark D. West
Publications from 2002
Working Paper: Free Riding on Hot Wheels, Victor P. Goldberg
Publications from 2001
Working Paper: Competition Among Securities Markets: A Path Dependent Perspective, John C. Coffee Jr.
Working Paper: The Acquiescent Gatekeeper: Reputational Intermediaries, Auditor Independence and the Governance of Accounting, John C. Coffee Jr.
Working Paper: Toward Supranational Copyright Law? The WTO Panel Decision and the "Three-Step Test" for Copyright Exceptions, Jane C. Ginsburg
Publications from 2000
Working Paper: Convergence and its Critics: What are the Preconditions to the Separation of Ownership and Control?, John C. Coffee Jr.
Working Paper: Economic Reasoning and the Framing of Contract Law: Sale of an Asset of Uncertain Value, Victor P. Goldberg
Working Paper: Globalizing Corporate Governance: Convergence of Form or Function, Ronald J. Gilson
Publications from 1999
Working Paper: Does Venture Capital Require an Active Stock Market?, Ronald J. Gilson and Bernard S. Black
Publications from 1998
Working Paper: Why Ownership Matters? Entrepreneurship and the Restructuring of Enterprises in Central Europe, Roman Frydman, Marek P. Hessel, and Andrzej Rapaczynski