Alan Schwartz, Gordon Hazen, Julie Goldberg
In preventative health decisions, such as the decision to undergo an invasive screening test or treatment, people may be deterred from selecting the test because its perceived disutility relative to...
Avoiding Future Regret in Purchase-Timing Decisions (2008)
Alan D. J. Cooke, Tom Meyvis, Alan Schwartz, Tom Meyvis
Shut out all of your past except that which will help you weather your tomorrows. [Sir William Osler] How we evaluate a purchase depends not only on the characteristics of the products we buy but...
Market Damages and the Economic Waste Fallacy (2008)
Scott, Robert E., Schwartz, Alan
Market damages - the difference between the market price for goods or services at the time of breach and the contract price - are the best default rule whenever parties trade in thick markets: they...
Prospect theory, reference points, and health decisions (2008)
Alan Schwartz, Julie Goldberg, Gordon Hazen
In preventative health decisions, such as the decision to undergo an invasive screening test or treatment, people may be deterred from selecting the test because its perceived disutility relative to...
The Law and Economics of Costly Contracting (2007)
In most of the contract theory literature, contracting costs are assumed either to be high enough to preclude certain forms of contracting, or low enough to permit any contract to be written....
2000, “Economic And Legal Aspects Of Costly Recontracting,” working paper, Yale Law School (2007)
Alan Schwartz, Alan Schwartz, Joel Watson, Joel Watson
This paper explores how the opportunity to recontract affects investment and trade in contractual relationships when it is assumed that renegotiation is costly. In this world, recontracting retains...
A web-based library consult service for evidence-based medicine: Technical development (2006)
Schwartz, Alan, Millam, Gregory, The UIC LCS Investigators
Abstract Background Incorporating evidence based medicine (EBM) into clinical practice requires clinicians to learn to efficiently gain access to clinical evidence and effectively appraise its...
Overruling and the Instability of Law (2006)
Nicola Gennaioli, Andrei Shleifer, Ilia Rainer, Alan Schwartz, Kathryn Spier, Mathew Stephenson, ...
We investigate the evolution of common law under overruling, a system of precedent change in which appellate courts replace existing legal rules with new ones. We use a legal realist model, in which...
BMC Medical Informatics and Decision Making (2006)
Biomed Central, Alan Schwartz, Gregory Millam, The Uic Lcs Investigators
Software A web-based library consult service for evidence-based medicine: Technical development
Understanding MACs: Moral Hazard in Acquisitions (2005)
Gilson, Ronald J., Schwartz, Alan
The standard contract that governs friendly mergers contains material adverse change (MAC) and material adverse effect (MAE) clauses; these clauses permit a buyer to costlessly cancel the deal if...
Understanding MACs: Moral Hazard in Acquisitions (2005)
Gilson, Ronald J., Schwartz, Alan
The standard contract that governs friendly mergers contains material adverse change (MAC) and material adverse effect (MAE) clauses; these clauses permit a buyer to costlessly cancel the deal if...
Understanding MACs: Moral Hazard in Acquisitions (2005)
Gilson, Ronald J., Schwartz, Alan
The standard contract that governs friendly mergers contains material adverse change (MAC) and material adverse effect (MAE) clauses; these clauses permit a buyer to costlessly cancel the deal if...
A survey of individual preference for colorectal cancer screening technique (2004)
Nelson, Richard L, Schwartz, Alan
Abstract Background Due to the low participation in colorectal cancer screening, public preference for colorectal cancer screening modality was determined. Methods A cross-sectional survey was...
Sys admins can field scores of complaints and spend months testing software suites that turn out to be too aggressive, too passive, or too complicated to setup only to discover that SpamAssassin...
The Law and Economics of Costly Contracting (2004)
In most of the contract theory literature, contracting costs are assumed either to be high enough to preclude certain forms of contracting or low enough to permit any contract to be written....
BMC Cancer BioMed Central (2004)
Richard L Nelson, Alan Schwartz, Open Access
Research article A survey of individual preference for colorectal cancer screening technique
Contract Theory and the Limits of Contract Law (2003)
Schwartz, Alan, Scott, Robert E.
Contract law has neither a complete descriptive theory, explaining what the law is, nor a complete normative theory, explaining what the law should be. These gaps are unsurprising given the...
Optimal Penalties in Contracts (2002)
Edlin, Aaron S., Schwartz, Alan
Contract law's liquidated damage rules prevent enforcement of contractual damage measures that require the promisor, if it breaches, to transfer to the promisee a sum that exceeds the net gain the...
The Law and Economics of Costly Contracting (2001)
In most of the contract theory literature, contracting costs are assumed either to be high enough to preclude certain forms of contracting, or low enough to permit any contract to be written....
The Law and Economics of Costly Contracting (2001)
In most of the contract theory literature, contracting costs are assumed either to be high enough to preclude certain forms of contracting, or low enough to permit any contract to be written....
Sales and Elections as Methods for Transferring Corporate Control (2001)
Gilson, Ronald J., Schwartz, Alan
Delaware case law has rendered the tender offer obsolete as a method for purchasing a company whose directors oppose the acquisition. A potential acquirer facing target opposition today must run an...
Sales and Elections as Methods for Transferring Corporate Control (2001)
Gilson, Ronald J., Schwartz, Alan
Delaware case law has rendered the tender offer obsolete as a method for purchasing a company whose directors oppose the acquisition. A potential acquirer facing target opposition today must run an...
Sales and Elections as Methods for Transferring Corporate Control (2001)
Gilson, Ronald J., Schwartz, Alan
Delaware case law has rendered the tender offer obsolete as a method for purchasing a company whose directors oppose the acquisition. A potential acquirer facing target opposition today must run an...
Sales and Elections as Methods for Transferring Corporate Control (2001)
Gilson, Ronald J., Schwartz, Alan
Delaware case law has rendered the tender offer obsolete as a method for purchasing a company whose directors oppose the acquisition. A potential acquirer facing target opposition today must run an...
Sales and Elections as Methods for Transferring Corporate Control (2001)
Gilson, Ronald J., Schwartz, Alan
Delaware case law has rendered the tender offer obsolete as a method for purchasing a company whose directors oppose the acquisition. A potential acquirer facing target opposition today must run an...
Nelson, Richard L, Schwartz, Alan, Pavel, Dan
Abstract Background In order to assess the usefulness of radiolabeled white cell scanning in the diagnosis of intestinal inflammation, subjects were asked to rank several dimensions of preference for...
Sales and Elections as Methods for Transferring Corporate Control (2001)
Gilson, Ronald, Schwartz, Alan
Under standard accounts of corporate governance, capital markets play a significant role in monitoring management performance and, where appropriate, replacing management whose performance does not...
Economic and Legal Aspects of Costly Recontracting (2000)
This paper explores how the opportunity to recontract affects investment and trade in contractual relationships when it is assumed that renegotiation is costly. In this world, recontracting retains...
Economic and Legal Aspects of Costly Recontracting (2000)
this paper, we take a more nuanced view. Recontracting has several benefits and one drawback. On the downside, as just noted, the ability to recontract can adversely affect ex ante *
Contracting About Bankruptcy (1997)
Creditors and the insolvent firm are required to use the state-supplied bankruptcy procedure if they cannot agree on a private resolution after financial distress has occurred. While these ex post...
Karl Llewellyn and the Origins of Contract Theory (1996)
Karl Llewellyn was America's leading legal realist, academic law reformer, and Sales Law theorist. Though extensive anlyses exist of Llewellyn's performance in the first two of these roles exist, no...
Using Auction Theory to Inform Takeover Regulation (1991)
This paper focuses on certain mechanisms that govern the sale of corporate assets. Under Delaware law, when a potential acquirer makes a serious bid for a target, the target's Board of Directors...
Second Edition Compiled By (1991)
George Lakoff, Jane Espenson, Adele Goldberg, George Lakoff, Jane Espenson, Alan Schwartz
This is the second attempt to compile in one place the results of metaphor research since the publication of Reddy’s ‘‘The Conduit Metaphor’ ’ and Lakoff and Johnson’s Metaphors WeLive...
Selective catechol oxidations with diphenyl selenoxide. Applications to phenolic coupling. (1979)
Diphenyl selenoxide was used as a mild and selective oxidant in the synthesis of aporphines and homoaporphines. An intramolecular coupling between a phenol and a catechol is believed to proceed...
DISSERTATION (PH.D.)--THE UNIVERSITY OF MICHIGAN
Copyright and the new technology (1975)
Submitted in partial fulfilment of the requirements for the degree of Bachelor of Laws with Honours, Faculty of Law. Summary: leaves 1-7. Includes bibliographical references ([leaves 153-157])
This article characterizes necessary and sufficient conditions for heterogeneous search goods to trade at their competitive prices, and derives policy implications from these conditions. The model...
Understanding MACs: Moral Hazard in Acquisitions
Ronald J. Gilson, Alan Schwartz
The standard contract that governs friendly mergers contains material adverse change (MAC) and material adverse effect (MAE) clauses; these clauses permit a buyer to costlessly cancel the deal if...
Contractual Enforcement Mechanisms and the Structure of Information. Comment
no abstract available.
Price, Quality and Timing of Moves in Markets with Incomplete Information: An Experimental Analysis.
Grether, David M, Schwartz, Alan, Wilde, Louis L
This paper reports the results of theoretical and experimental analyses of search models of shopping behavior. Earlier work which dealt with markets for homogeneous goods in which sellers first...
Risk perception and risk attitude in informed consent
SCHWARTZ, ALAN, HASNAIN, MEMOONA
The standard account of the (Kahneman and Tversky, 1979) is that attitude toward risk changes across gain or loss framings of outcomes. Weber and Bottom (1989) proposed an alternative account in...
Uncertainty and Shopping Behaviour: An Experimental Analysis.
Grether, David M, Schwartz, Alan, Wilde, Louis L
This paper reports experimental tests of three search equilibrium models. These models, which differ only in the search strategies available to the buyers, have qualitatively different predictions....
Karl Llewellyn and the Origins of Contract Theory
Karl Llewellyn was America's leading legal realist, academic law reformer, and Sales Law theorist. Though extensive anlyses exist of Llewellyn's performance in the first two of these roles exist, no...
Optimal Penalties in Contracts
Contract law's liquidated damage rules prevent enforcement of contractual damage measures that require the promisor, if it breaches, to transfer to the promisee a sum that exceeds the net gain the...
Using Auction Theory to Inform Takeover Regulation
This paper focuses on certain mechanisms that govern the sale of corporate assets. Under Delaware law, when a potential acquirer makes a serious bid for a target, the target's Board of Directors is...
The Law and Economics of Costly Contracting
In most of the contract theory literature, contracting costs are assumed either to be high enough to preclude certain forms of contracting, or low enough to permit any contract to be written....
Economic and Legal Aspects of Costly Recontracting
This paper explores how the opportunity to recontract affects investment and trade in contractual relationships when it is assumed that renegotiation is costly. In this world, recontracting retains...
The Law and Economics of Costly Contracting
In most of the contract theory literature, contracting costs are assumed either to be high enough to preclude certain forms of contracting or low enough to permit any contract to be written....
Section 365, Mandatory Bankruptcy Rules and Inefficient Continuance.
Section 365 of the Bankruptcy Code prohibits enforcement of the once common 'ipso facto clause.' The clause excuses the solvent party from performance of the contract when the other party becomes...
Creditors and the insolvent firm are required to use the state-supplied bankruptcy procedure if they cannot agree on a private resolution after financial distress has occurred. While these ex post...
Regulating Consumer Bankruptcy: A Theoretical Inquiry
Alan Schwartz, Barry E. Adler, Benjamin Polak
This paper uses a principal/agent framework to analyze consumer bankruptcy. The bankruptcy discharge partly insures risk averse borrowers against bad income realizations, but also reduces the...
Economic and Legal Aspects of Costly Recontracting
This paper explores how the opportunity to recontract affects investment and trade in contractual relationships when it is assumed that renegotiation is costly. In this world, recontracting retains...
Statutory Interpretation, Capture, and Tort Law: The Regulatory Compliance Defense
The regulatory compliance defense holds firms liable whose products or product warnings fail to satisfy federal regulatory standards, but does not exculpate firms that comply. Rather, compliance is...
Who Should Pay for Bankruptcy Costs?
Ivo Welch, Arturo Bris, Alan Schwartz
The fees of experts (financial advisors, lawyers, accountants) are a substantial fraction of bankruptcy costs. Scholars have considered how best to reduce these costs, but have not considered how...
Benjamin E. Hermalin, Alan Schwartz
We consider legal rules that determine the price at which minority shareholders can be excluded from the corporate enterprise after a change in control. These rules affect investment after such a...
Creditors and the insolvent firm are required to use the state supplied bankruptcy procedure if they cannot agree on a private resolution after financial distress has occurred. While these ex post...
Priority Contracts and Priority in Bankruptcy
Parties to lending agreements can create priority rankings in two ways: by securing a lender or by protecting the lender's debt with financial covenants. Protected debt turns into high priority debt...
Parties to lending agreements can create priority rankings in two ways: by securing a lender or by protecting the lender's debt with financial covenants. Protected debt turns into high priority debt...
Section 365, Mandatory Bankruptcy Rules and Inefficient Continuance
Section 365 of the Bankruptcy Code prohibits enforcement of the once common "ipso facto" clause." The clause excuses the solvent party from performance of the contract when the other party becomes...
Contract Theory and the Limits of Contract Law
Contract law has neither a complete descriptive theory, explaining what the law is, nor a complete normative theory, explaining what the law should be. These gaps are unsurprising given the...
The Law and Economics of Costly Contracting
In most of the contract theory literature, contracting costs are assumed either to be high enough to preclude certain forms of contracting, or low enough to permit any contract to be written....
Sales and Elections as Methods for Transferring Corporate Control
Under standard accounts of corporate governance, capital markets play a significant role in monitoring management performance and, where appropriate, replacing management whose performance does not...
Prospect theory, reference points, and health decisions
Alan Schwartz, Julie Goldberg, Gordon Hazen
In preventative health decisions, such as the decision to undergo an invasive screening test or treatment, people may be deterred from selecting the test because its perceived disutility relative to...
Regulating Consumer Bankruptcy: A Theoretical Inquiry.
Adler, Barry, Polak, Ben, Schwartz, Alan
This paper uses a principal/agent framework to analyze consumer bankruptcy. The bankruptcy discharge partly insures risk-averse borrowers against bad income realizations but also reduces the...
Hermalin, Benjamin, Schwartz, Alan
We consider legal rules that determine the price at which minority shareholders can be excluded from the corporate enterprise after a change in control. These rules affect investment after such a...
Who Should Pay for Bankruptcy Costs?
Arturo Bris, Alan Schwartz, Ivo Welch
The fees of professionals (financial advisors, lawyers, accountants) are a substantial fraction of bankruptcy costs. Scholars have considered how best to reduce these costs but have not considered...
Avoiding Future Regret in Purchase-Timing Decisions.
Cooke, Alan D J, Meyvis, Tom, Schwartz, Alan
When deciding when to make a purchase, people often compare their outcomes to those that would have occurred had they purchased earlier or later. In this article, we examine how pre- and postpurchase...
How Much Irrationality Does the Market Permit?
This article asks whether competition can ameliorate the consequences of cognitive error. Consumers differ cognitively, some being more prone to err (the "naive") than others (the "sophisticated")....
Sadeh, Ronen, Breitschopf, Kristin, Bercovich, Beatrice, Zoabi, Muhammad, Kravtsova-Ivantsiv, Yelena, Kornitzer, Daniel, ...
A growing number of proteins, including the myogenic transcription factor MyoD, are targeted for proteasomal degradation after N-terminal ubiquitination (NTU) where the first ubiquitin moiety is...