JEP

Economics Institute for Judges, Week One, March 23-28, 2014

Agenda

Sunday, March 23

Classes and dinner held at The Residence Inn, Founders and Old Dominion Rooms

4:00 - 5:00 pm

 

Registration, Lobby

5:00 - 6:30 pm

 

Welcome
D. Bruce Johnsen, Professor of Law, George Mason University School of Law and Director, Judicial Education Program, Law & Economics Center

 

Icebreaker Activity
Karen M. Czarnecki, Director of Education, Law & Economics Center

6:30 - 8:45 pm

 

Reception & Dinner

 

History of the LEC
Henry N. Butler, George Mason University Foundation Professor of Law and Executive Director, Law & Economics Center

Monday, March 24

Classes held at George Mason University School of Law, Hazel Hall, Room 215

7:00 - 7:40 am

 

Breakfast, Residence Inn

7:40 am

 

Walk, Residence Inn to George Mason University School of Law

8:00 - 9:15 am

 

Welcome
Daniel D. PolsbyDean and Professor of Law, George Mason University School of Law

 

Economic Thinking | Butler

 

Reading Assignment:
Butler, Drahozal, & Shepherd, Economic Analysis for Lawyers, 3rd. Ed., Carolina Academic Press (forthcoming): Chapter I and Chapter II

9:30 - 10:45 am

 

Property Rights and Exchange | Johnsen

 

Reading Assignment:
Butler, et al., Chapter I, §B

 

D. Bruce Johnsen, Salmon, Science, and Reciprocity on the Northwest CoastEcology and Society 14(2):43 (2009)

11:00 - 12:15 pm

 

Scientific Methodology

 

James S. Trefil, Robinson Professor of Physics, George Mason University

12:15 - 1:00 pm

 

Luncheon Address: A View from the Bench,  Rear Atrium

 

The Honorable Douglas H. Ginsburg, Senior Circuit Judge, US Court of Appeals for the District of Columbia Circuit and Professor of Law, George Mason University School of Law

1:00 - 2:15 pm

 

Expert Testimony | Trefil

2:30 - 4:00 pm

 

Introduction to Behavioral Economics

 

James C. Cooper, Director, Research and Policy, Law & Economics Center and Lecturer in Law, George Mason University School of Law

 

Reading Assignment:
Christine Jolls, “Behavioral Law and Economics,” Behavioral Economics and Its Applications, Peter Diamond and Hannu Vartiainen Eds., Princeton University Press, (2007).

Tuesday, March 25

Classes held at George Mason University School of Law, Hazel Hall, Room 215

7:00 - 7:40 am

 

Breakfast, Residence Inn

7:40 am

 

Walk, Residence Inn to George Mason University School of Law

8:00 - 9:15 am

 

Market Magic and Price Formation

 

David Eil, Assistant Professor, Interdisciplinary Center for Economic Science, George Mason University

9:30 - 10:45 am

 

Supply, Demand, and Mutually Beneficial Exchange | Johnsen

 

Reading Assignment:
Butler, et al., Chapter I and Chapter II

11:00 - 12:15 pm

 

Externalities, Property Rights, and the Coase Theorem | Johnsen

 

Reading Assignment:
D. Bruce Johnsen From "'Late Rut' will Promote Buck Movement," Houston Chronicle, December 20, 1984

12:15 - 1:00 pm

 

Lunch, Rear Atrium

1:00 - 2:15 pm

 

Markets in Action

 

Bruce H. Kobayashi, Professor of Law, George Mason University School of Law

 

Reading Assignment:
Sanjai Bhagut and Roberta Romano, Event Studies and the Law: Part I: Technique and Corporate Litigation, American Law and Economics Review V4 N1 2002 (141-167) (2002)

Wednesday, March 26

Classes held at George Mason University School of Law, Hazel Hall, Room 215

7:00 - 7:40 am

 

Breakfast,  Residence Inn

7:40 am

 

Walk, Residence Inn to George Mason University School of Law

8:00 - 9:15 am

 

Risk, Injury and Liability | Johnsen

 

Reading Assignment:
Butler, et al., Chapter VI, §§A and C

9:30 - 10:45 am

 

Economics of Insurance | Butler

 

Reading Assignment:
Butler, et al., Chapter VI, §B

11:00 - 12:15 pm

 

Information Costs and Transaction Costs | Butler

 

Reading Assignment:
Butler, et al., Chapter V, §§A and B

Thursday, March 27

Classes held at George Mason University School of Law, Hazel Hall, Room 215

7:00 - 7:40 am

 

Breakfast, Residence Inn

7:40 am

 

Walk, Residence Inn to George Mason Univeristy School of Law

8:00 - 9:15 am

 

Economics of Civil Procedure | Kobayashi

 

Reading Assignment:
Butler, et al., Chapter III, §C

9:30 - 10:45 am

 

Economics of Civil Procedure II | Kobayashi

 

Reading Assignment:
Butler, et al., Chapter III, §C

11:00 - 12:15 pm

 

Competition and Monopoly | Butler

 

Reading Assignment:
Butler, et al., Chapter VII (skim entire chapter)

12:15 pm

 

Group Photo

6:10 pm

 

Bus Departs, Residence Inn for Gadsby's Tavern, Alexandria, Virginia

6:30 - 8:30 pm

 

Reception & Dinner, Gadsby's Tavern

8:30 pm

 

Bus Departs, Gadsby's Tavern for the Residence Inn

Friday. March 28

Breakfast and classes held at the Residence Inn, Founders and Old Dominion Rooms

7:00 - 7:50 am

 

Breakfast, Residence Inn

8:00 - 9:15 am

 

Public Choice: Concepts

 

Todd J. Zywicki, George Mason Foundation Professor of Law, George Mason University School of Law

 

Reading Assignment:
Butler, et al., Chapter III, §§A and B

9:15 - 9:45 am

 

Break, Check Out of Hotel - Check Bags

9:45 - 11:00 am

 

Public Choice: Applications | Zywicki

 

Reading Assignment:
Butler, et al., Chapter III, §B

11:15 - 12:00 pm

 

Review | Johnsen 

12:00 pm

 

Adjourn