Five UVA Law Professors Participate in Prestigious ALEA Conference
(From left) Professors Quinn Curtis, Albert Choi, Michael Livermore, Michael Gilbert and Dotan Oliar
Five University of Virginia School of Law professors presented papers at the American Law and Economics Association annual meeting earlier this month.
“The Virginia faculty has made central contributions to law and economics for over 40 years and continues to do so today. Participation in the ALEA annual meeting is one useful measure of that influence," said Law School Dean Paul G. Mahoney, a former member of the ALEA Board of Directors.
During the conference, held May 8-9 at the University of Chicago, the following professors presented their work:
- Albert Choi presented "Multi-Stage Contracting in Complex Transactions," co-authored with Stanford law professor George Triantis.
- Quinn Curtis presented "Do the Merits Matter? Evidence from Options Backdating Derivative Litigation," co-authored with Brooklyn Law School professor Minor Myers.
- Michael Gilbert presented "Insincere Rules."
- Michael Livermore presented "Rethinking Health-Based Environmental Standards," a paper he co-wrote with New York University law professor Richard L. Revesz.
- Dotan Oliar and UVA economics Ph.D. student Nathaniel Pattison presented "Copyright Registrations: Who, What, When, Where, and Why." The paper was co-written by third-year law student K. Ross Powell.
Oliar said their paper, which will be published in the Texas Law Review, is the first to study the contents of individual copyright registration records, and is part of a movement towards more empirical work on copyrights.
"We want to lay the foundation for subsequent work, by ourselves and hopefully by others too," he said. Looking at 2.3 million registrations from 2008 to 2012, Oliar and his co-authors discovered patterns in how businesses and people of different ages register their creative work.
"Firms tend to be geographically concentrated, and to register published works, computer software, periodicals and movies," Oliar said. "Individuals tend to be geographically dispersed, and to register unpublished works, music, text and drama."
Most registered music works are by authors in their 20s, whereas a majority of computer software authors are in their mid-40s, and authors of literature are mostly in their late 50s.
"It shows that older authors tend to register published works, whereas younger authors tend to register unpublished works," he said. "This phenomenon may suggest that older, more experienced authors know their way in the market better than younger, less-experienced authors."