Faculty in the News



Download hi-res photo

CONTACT
ahc4p@virginia.edu
(434) 924-4709
Room WB302K

ASSISTANT
Donna Green

SUBJECTS
Contracts, corporate finance, corporations, law and economics, mergers and acquisitions

Personal Homepage

Albert Choi

Professor of Law
J.D., Yale Law School, 2001
Ph.D., Massachusetts Institute of Technology, 2001
B.A., Pomona College, 1994

Albert Choi joined the Law School as an associate professor of law and associate director of the John M. Olin Program in Law and Economics in 2005, after teaching as an assistant professor in the University's Department of Economics. His research and teaching interests include law and economics, contract theory, corporate law, corporate finance and organization. He earned his J.D. from Yale Law School in May 2001 and his Ph.D. in economics from the Massachusetts Institute of Technology in September of that same year.

While at Yale, he was an Olin Fellow in Law and Economics in 2000-01 and earned John M. Olin Research Fellowships in the summers of 2000 and 2001. At MIT, he was a National Science Foundation's Graduate Research Fellow.

Choi was a visiting professor at Yale Law School in 2008-09 and was the Austin Wakeman Scott Visiting Professor at Harvard Law School in 2009-10. From 2011 to 2014, he is serving as a director on the American Law and Economics Association’s board. And he is currently an associate editor at the American Law and Economics Review and the International Review of Law and Economics.


Hide details for [<A HREF="43F1E8293341B68685256D33007776D4?OpenDocument&ExpandSection=1#_Section1">Publications</A>]Publications


"Facilitating Mergers and Acquisitions with Earnouts and Purchase Price Adjustments" (forthcoming).
SSRN

"Relational Sanctions Against Non-Profit Organizations: Why a Selfish Entrepreneur Would Organize a Non-Profit Enterprise"
(forthcoming).
SSRN

"Crowding In: How Formal Sanctions Can Facilitate Informal Sanctions" (with Scott Baker) (forthcoming).
SSRN

"Should Consumers Be Permitted to Waive Products Liability? Product Safety, Private Contracts, and Adverse Selection" (with Kathy Spier) forthcoming in
J. L. Econ. & Org. (2013).

"Market Conditions and Contract Design: Variations in Debt Covenants and Collateral" (with George Triantis) 88 N.Y.U. L. Rev. 51 (2013)
SSRN

"The Effect of Bargaining Power on Contract Design" (with George Triantis) 98 Va. L. Rev. 1665 (2012).
SSRN | HeinOnline (PDF)

"Strategic Vagueness in Contract Design: The Case of Corporate Acquisitions" (with George Triantis), 119
Yale L.J. 848 (2010).
SSRN | HeinOnline (PDF)
(Selected by the
Corporate Practice Commentator as one of the Top 10 Corporate and Securities Articles of 2010).

"A Rent Extraction Theory of Right of First Refusal" 57
J. of Indus. Econ. 252 (2009).
SSRN

"Completing Contracts in the Shadow of Costly Verification" (with George Triantis), 37
J. Legal Stud. 503 (2008).
SSRN

"Optimal Agency Contracts: The Effect of Vicarious Liability and Judicial Error" (with Juan Carlos Bisso), 28 Int’l Rev. Law & Econ. 166 (2008).
SSRN

"A Critique of the Odious Debt Doctrine (with Eric Posner), 70 Law & Contemp. Probs. 33 (2007).
SSRN | HeinOnline (PDF)

Successor Liability and Asymmetric Information9 Am. L. & Econ. Rev. 408 (2007).
SSRN

"Should Plaintiffs Win What Defendants Lose? Litigation Stakes, Litigation Effort, and the Benefits of Decoupling" (with Chris Sanchirico), 33 J. Legal Stud. 323 (2004).
SSRN | HeinOnline (PDF)

"Golden Parachute as a Compensation Shifting Mechanism," 20 J. L. Econ. & Org. 170 (2004).
SSRN

"Allocating Settlement Authority under a Contingent Fee Arrangement," 32 J. Legal Stud. 585 (2003).
SSRN | HeinOnline (PDF)

Show details for [<A HREF="43F1E8293341B68685256D33007776D4?OpenDocument&ExpandSection=2#_Section2">Current Courses</A>]Current Courses
Show details for [<A HREF="43F1E8293341B68685256D33007776D4?OpenDocument&ExpandSection=4#_Section4">In the Media</A>]In the Media