Law and economics.The NBER's Program on Law and Economics, directed by Christine Jolls of Yale Law School Yale Law School, or YLS, is the law school of Yale University in New Haven, Connecticut. Established in 1843, the school offers the J.D., LL.M., J.S.D., and M.S.L. degrees in law. It also hosts visiting scholars and several legal research centers. , met in Cambridge on February 10, 2012. These papers were discussed:
* Zhiguo He, University of Chicago, and Gregor Matvos, University of Chicago and NBER, "Debt and Creative Destruction: Why Could Subsidizing Corporate Debt Be Optimal?"
* Alberto F. Alesina, Harvard University and NBER; Yann Algan, Sciences Po; Pierre Cahuc, Ecole Polytechnique; and Paola Giuliano, University of California, Los Angeles UCLA comprises the College of Letters and Science (the primary undergraduate college), seven professional schools, and five professional Health Science schools. Since 2001, UCLA has enrolled over 33,000 total students, and that number is steadily rising. and NBER, "Family Values and the Regulation of Labor" (NBER Working Paper No. 15747)
* Ernst Fehr, University of Zurich History
The University of Zurich was founded in 1833 with existing colleges of theology (founded by Huldrych Zwingli in 1525), law and medicine merged together with a new faculty of Philosophy. ; Oliver D. Hart, Harvard University and NBER; and Christian Zehnder, University of Lausanne The University of Lausanne (in French: Université de Lausanne) or UNIL in Lausanne, Switzerland was founded in 1537 as a school of theology, before being made a university in 1890. Today about 10,000 students and 2200 researchers study and work at the university. , "How Do Informal Agreements and Renegotiation Shape Contractual Reference Points?" (NBER Working Paper No. 17545)
* Steven Shavell, Harvard University and NBER, "A Fundamental Enforcement Cost Advantage of the Negligence Rule over Regulation"
Special Session on Consumer Finance
* Santosh Anagol, University of Pennsylvania, and Shawn Cole and Shayak Sarkar, Harvard University, "Understanding the Incentives of Commissions Motivated Agents: Theory and Evidence from the Indian Life Insurance Market"
* Will Dobbie, Harvard University, and Paige M. Skiba, Vanderbilt University, "Information Asymmetries in Consumer Credit Markets: Evidence from Payday Lending"
* Dean Karlan, Yale University and NBER, and Jonathan Zinman, Dartmouth College and NBER, "Borrow Less Tomorrow" Summaries of these papers may be found at: http://www.nber.org/confer/2012/LEs12/summary.html