The revisions that I foresaw in August were to:
(1) update Chapter One and the wealth maximization stuff;
(2) "think
about revising the material on organ markets in light of Michael
Sandel's book, What Money Can't Buy";
(3) and to print out a new, complete version.
In some sense I have accomplished all three, though the thinking about Sandel's book and organ markets has not resulted in any alterations to this point. The changes to Chapter One were pretty extensive, and I also changed the vice material in Chapter Five quite a bit -- though that chapter remains in flux.
What next? I think that I will prepare a subsection on the Sandel critique and organ markets, although whether it makes it into the manuscript is too soon to tell. The flux in Chapter Five has to be brought to an end. Beyond that, just the continuous improvement story...
My Law and Econ class starts soon, and that will help the revision process, I hope. One book that I intend to read in the next few weeks is The Knockoff Economy by Raustiala and Sprigman -- I already draw heavily upon their earlier work for the "Copyright Vacuums" part of the manuscript.
I mentioned in August that I am facing a deadline for a paper on
Behavioral Economics and Drug Policy. The deadline has become pressing, without much progress so far, though I have secured a co-author! I imagine the next nDrafts update will concern that paper. But in the meantime, I have taken on another paper commitment, this one on organ procurement; again, I am soliciting for a co-author.
Sunday, September 23, 2012
Sunday, August 5, 2012
Law and Econ Project, Update VIII
Well, three months have passed since I last recorded my progress to date and proclaimed my intended next steps. I have been busy with some other projects -- a trip abroad, moving house, being ill -- that have crowded out, to some extent, Law and Econ. The goals I previously set looking one week forward, however...
The next couple of months will involve producing a draft of a paper on Behavioral Economics and Drug Policy, so that also will cut into Law and Econ time. (I am thinking of reviving predecessor blog Five Drafts for the purpose of producing the new paper.) What I would like to do pretty soon, however (recall that the manuscript is supposed to be in continuous improvement mode), is to revise the Kaldor-Hicks and Wealth Maximization stuff in Chapter One in a pretty serious way, to think about revising the material on organ markets in light of Michael Sandel's book, What Money Can't Buy, and to print out a new, complete version of the manuscript. Not sure I have any Law and Econ reading I want to commit to, but I do hope to spend lots of time with Kaplow and Shavell's Fairness Versus Welfare -- a book that will help guide me, I think, in those envisioned Wealth Maximization changes in Chapter One.
(1) to finish reading Museums Matter, by James Cuno; (2) to revise the first two chapters of the L&E manuscript; and (3) to produce a new version of "The Museum of Law and Economics".......have been accomplished, if not in one week, at least within three months. I managed to read, as hoped, The Upside of Irrationality, by Dan Ariely. I also wrote a new Conclusions section to the L&E manuscript, and have upgraded Chapter Five (on behavioral law and econ, essentially), along with slight revisions to the rest of the manuscript.
The next couple of months will involve producing a draft of a paper on Behavioral Economics and Drug Policy, so that also will cut into Law and Econ time. (I am thinking of reviving predecessor blog Five Drafts for the purpose of producing the new paper.) What I would like to do pretty soon, however (recall that the manuscript is supposed to be in continuous improvement mode), is to revise the Kaldor-Hicks and Wealth Maximization stuff in Chapter One in a pretty serious way, to think about revising the material on organ markets in light of Michael Sandel's book, What Money Can't Buy, and to print out a new, complete version of the manuscript. Not sure I have any Law and Econ reading I want to commit to, but I do hope to spend lots of time with Kaplow and Shavell's Fairness Versus Welfare -- a book that will help guide me, I think, in those envisioned Wealth Maximization changes in Chapter One.
Wednesday, May 2, 2012
Law and Econ Project, Update VII
Now my worries, that in the absence of an externally-imposed deadline this commitment blog isn't a big help, are growing. But we press on. April 4 brought a new, bound version of the manuscript, this one even with a (half-baked) "Conclusions" chapter. The Table of Contents has not (otherwise) changed, though there was some upgrading of all of the chapters. Still haven't heard back from that university press that I sent the even worse draft to -- not a good sign.
I did indeed give the related talk on April 1, and that went pretty well. Afterwards, I wrote up a short talk (maybe 15 minutes) entitled "The Museum of Law of Economics," which I have had fun with. I hope to move that talk, as well as the new draft, into the "continuous improvement" mode. I don't much care for the current "Conclusions" to the draft manuscript, and may start that afresh as part of the improvement. For that matter, I don't like the Conclusions to the Museum talk, either. Conclusions are the bane of my existence.
Finished reading Willpower, which was easy reading and helpful for my Behavioral Econ class. Intended reading that I hope will be helpful for the L&E project includes Museums Matter, by James Cuno; How Judges Think, by Richard Posner; The Upside of Irrationality, by Dan Ariely (more for Behavioral Econ than for L&E); and possibly Loot, by Sharon Waxman. I have started reading all of them, but only Cuno and Ariely are on the front burners right now.
So, what to promise in a not-very-committed way? Next week, to have: (1) finished reading Museums Matter; (2) revised the first two chapters of the L&E manuscript; and (3) to have produced a new version of "The Museum of Law and Economics." Onwards...
I did indeed give the related talk on April 1, and that went pretty well. Afterwards, I wrote up a short talk (maybe 15 minutes) entitled "The Museum of Law of Economics," which I have had fun with. I hope to move that talk, as well as the new draft, into the "continuous improvement" mode. I don't much care for the current "Conclusions" to the draft manuscript, and may start that afresh as part of the improvement. For that matter, I don't like the Conclusions to the Museum talk, either. Conclusions are the bane of my existence.
Finished reading Willpower, which was easy reading and helpful for my Behavioral Econ class. Intended reading that I hope will be helpful for the L&E project includes Museums Matter, by James Cuno; How Judges Think, by Richard Posner; The Upside of Irrationality, by Dan Ariely (more for Behavioral Econ than for L&E); and possibly Loot, by Sharon Waxman. I have started reading all of them, but only Cuno and Ariely are on the front burners right now.
So, what to promise in a not-very-committed way? Next week, to have: (1) finished reading Museums Matter; (2) revised the first two chapters of the L&E manuscript; and (3) to have produced a new version of "The Museum of Law and Economics." Onwards...
Wednesday, February 29, 2012
Law and Econ Project, Table of Contents
As promised....
Oh, Work in Progress has the temporary title Law and Economics: A Guide for the Curious. My guess is that the title will change a few more times.
Table of Contents
Oh, Work in Progress has the temporary title Law and Economics: A Guide for the Curious. My guess is that the title will change a few more times.
Table of Contents
Introduction
The Original of Laura
Choice in
the Shadow of the Law
Chapter 1: E pluribus unum
Robin
Efficiency
Jeremy
Bentham
The Art of
the Deal
Willingness-to-pay
Why
Maximize Wealth?
Common
Law and Civil Law
The Coase
Theorem
Establishing
a Market to Erode Rent Controls
The Coase
Corollary
More on
Property Rights and Efficiency: The Tragedy of the Commons
The Reverse
of the Medal: Property Rights and the Anticommons
Contracts
Efficiency
When?
Expectation
Damages and Efficient Breach
Oliver
Wendell Holmes, Jr., on Bad Men and the Law
Accidents
Strict
Liability
Negligence
Crime
Chapter 2: What’s done is done?
Bart and
Lance
Chicago Dibs
Patents
Advance Market Commitments
Preventive
and Punitory Measures
Firearm
Regulation
John
Stuart Mill
Low
Probability, High Punishment Regimes
Destruction
of Property: What’s Done Cannot Be Undone?
Moral
Rights: What’s Done Cannot Be Redone?
Intellectual
Property: What’s Done Can Be Done Repeatedly
Public
Goods
Nabokov and
Existence Value
Chapter 3: Squeezing a balloon
Using the
Law to Serve Distributional Goals
The
Peltzman Effect
Art Again:
Resale Rights, or Droit de Suite
Squeezing
Copyright
Creative
Commons
The De Facto Liberalization of the Copyright
Regime
A World
Without Copyright
Copyright
Vacuums
Fashion
Design
Comedy
Radiohead and Nine Inch Nails
Squeezing
Newspapers
Hyperlocal
News
Deflating
Subsidies
Chapter 4: Deorum injuriae Diis curae
Low-cost Avoider
or Insurer
Products
Liability
Comparative
Negligence
Foreseeable
Misuse and Attractive Nuisance
Mill and
the Harm Principle
Pecuniary
Externalities
Blocked
Exchanges
Organ
Markets
The
Iranian Kidney Transplant Program
The Parthenon
Marbles and Cultural Property
Statutes
of Limitation
Standards
of Proof
Chapter 5: Crooked timber
Enforcing
Contracts
Lochner v. New York (1905)
Dealing
with Uncertainty
Unconscionability
The Endowment
Effect
Default
Rules
Organ
Donations, Reprise
Vice,
Rationality, and Defaults
Attractive
Nuisance for Adults?
Conclusions (unwritten)
Glossary (unwritten)
References
Law and Econ Project, Update VI
Hmmm, well, there was a December 11 deadline....
I missed the deadline, but progress has been made, oh yes. The current draft is in the continuous revision phase. There is still no draft of the Conclusions, and no draft of the Glossary. The next revisions are slated for Chapters 4 and 5. I will shortly post the draft Table of Contents so we can see where things stand.
I prepared a prospectus and e-mailed it to a university press. The editor responded enthusiastically, and asked for the entire manuscript. I sent it, but haven't heard back - maybe the draft needs some more of that "continuous revision" before it is ready for distribution?
As for my reading plan, I managed to finish Adam Smith: An Enlightened Life, by Nicholas Phillipson -- it is superb. I abandoned for the nonce This is Your Country on Drugs, by Ryan Grim (2010), and managed to read only small portions of The Collapse of American Criminal Justice, by William J. Stuntz (2011). The Daniel Kahneman book, Thinking, Fast and Slow (2011), filled my time, and helped me decide to offer a course in behavioral economics next quarter. My current reading plan centers on Willpower: Rediscovering the Greatest Human Strength, by Roy F. Baumeister and John Tierney -- should be useful for that behavioral econ class.
As for LandE revisions, I intend to input some upgrades to Chapters 4 and 5 in the nest week or so. Hoping to get those Conclusions under way, too. I intend another bound version at that point. Scheduled to give a talk related to the manuscript on April 1, so want to prepare something for that, too.
I missed the deadline, but progress has been made, oh yes. The current draft is in the continuous revision phase. There is still no draft of the Conclusions, and no draft of the Glossary. The next revisions are slated for Chapters 4 and 5. I will shortly post the draft Table of Contents so we can see where things stand.
I prepared a prospectus and e-mailed it to a university press. The editor responded enthusiastically, and asked for the entire manuscript. I sent it, but haven't heard back - maybe the draft needs some more of that "continuous revision" before it is ready for distribution?
As for my reading plan, I managed to finish Adam Smith: An Enlightened Life, by Nicholas Phillipson -- it is superb. I abandoned for the nonce This is Your Country on Drugs, by Ryan Grim (2010), and managed to read only small portions of The Collapse of American Criminal Justice, by William J. Stuntz (2011). The Daniel Kahneman book, Thinking, Fast and Slow (2011), filled my time, and helped me decide to offer a course in behavioral economics next quarter. My current reading plan centers on Willpower: Rediscovering the Greatest Human Strength, by Roy F. Baumeister and John Tierney -- should be useful for that behavioral econ class.
As for LandE revisions, I intend to input some upgrades to Chapters 4 and 5 in the nest week or so. Hoping to get those Conclusions under way, too. I intend another bound version at that point. Scheduled to give a talk related to the manuscript on April 1, so want to prepare something for that, too.
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