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Current and Forthcoming Papers

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  • Does the Evidence Favor State Competition in Corporate Law?
    (with Lucian Bebchuk and Alma Cohen)
    Forthcoming, California Law Review (2002)
    Harvard Olin Discussion Paper No. 352 (2002) (PDF 1.2MB)


  • Corporate Charitable Giving
    (with Victor Brudney)
    University of Chicago Law Review (July 2002)

    • Published Paper (PDF 219KB)

  • On Takeover Law and Regulatory Competition
    (with Lucian Bebchuk)
    Forthcoming, 57 Business Lawyer (2002)
    Harvard Olin Discussion Paper No.363 (2002) (PDF 800K)


  • A Comment on Electronic versus Floor-Based Securities Trading
    Journal of Institutional and Theoretical Economics (spring 2002)
    Published paper (PDF 88KB)


  • Much Ado About Order Flow
    commissioned essay for Regulation Magazine (Spring, 2002)
    Published paper (PDF 139KB)


  • Federal Intervention to Enhance Shareholder Choice
    (with Lucian Bebchuk)
    87 Virginia Law Review 993 (2001)
    Published Paper (PDF 60KB)


  • A New Approach to Takeover Law and Regulatory Competition
    (with Lucian Bebchuk)
    • 87 Virginia Law Review 111 (2001)
    Published Paper     (PDF 158K)
    Earilier issued as:
    NBER Working Paper No. 8148 (2001)
    Harvard Olin Discussion Paper No. 309 (2000) (PDF 189K).

  • A Proposal for Solving the "Payment for Order Flow" Problem
    In 74 Southern California Law Review 1027 (2001)
    Published paper (PDF 338KB)


  • Federalism and Corporate Law: The Race to Protect Managers from Takeovers
    (with with Lucian Bebchuk)
    99 Columbia Law Review pp. 1168-1199 (1999)
    Published Paper (PDF 4.47MB).



Working Papers

  • "Financial Exchange Self-Regulation"


  • "Is it Possible for Exchanges to Have Market Power?"