Another win for incomplete contracts. The Nobel’s release on contract theory is here; NYT article here. Oliver Hart’s bibliography has links/downloads to many of his articles. For law audiences, you might want to check out “An Economist’s…

Francesca and I are proud to announce the publication of a book that may be of interest to readers. Great contributors, great chapters, in a great series; we are happy to be a part of it. An overview of the…

We like Wisconsin on this here blog, and Whitewater is appealingly located. They are hiring two people, details and link after the jump. The University of Wisconsin-Whitewater has 2 business law openings, (1) tenure track and (1) lecturer position. These…

Chris got a unanimous vote, so good news. The Wall Street Journal on the state of the nominations of the two law professors here.

I’m not sure whether to call it the power of regulation, the fact that investors like being deluded about the value of assets they hold, or the existence of an implicit government guarantee. But as OFR notes, investors are…

It’s not the last word or anything, but I found this survey of entry level classes of City of London banks to be interesting (I’m in the UK for the semester). Less than half Brits, and 14% Italian, more than…

[Long time, no blog. Since May 1, co-blogger Gordon has been the dean of BYU Law School, and I have had the enormous pleasure to be an associate dean. This leaves little time for blogging or much else. However, yesterday’s…