Teaching
The course will be organized with around ten 2x45 min lectures held over a period of four days (15-19 May, 2017; with no lectures on 17 May).
Preliminary title of the lectures:
Lecture 1: Individual Liability for Intentional and Accidental Misconduct
Lecture 2: Role of Markets: Analysis of Optimal Liability for Injuries to Counter-parties
Lecture 3: Corporate versus Individual Liability for Corporate Misconduct: the Neutrality Result
Lecture 4: Corporate Liability When Firms Deter Misconduct Through Monitoring and Reporting to the Government and Analysis of US Enforcement Policy
Lecture 5: Must Corporate Liability Be Imposed by Law or Will Parties Optimally Contract Into Liability
Lecture 6: Economic Analysis of Mandates Imposed Through Pleas and Deferred and Non-Prosecution Agreements and Assessment of US Enforcement Practice
Lecture 7: Reputational Sanction for Corporate Crime: When Do Convictions Product Reputational Damage and Does the Choice between Plea and DPA Matter?
Lecture 8: Alternatives and Supplements to Corporate Liability: Gatekeeper Liability, Managerial Liability (including Responsible Corporate Officer Doctrine) and Bounties
Lecture 9: Economic Analysis of Securities Fraud
Lecture 10: Economic Analysis of Insider Trading