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  2. Paul Kattuman - Cambridge Judge Business School

    https://www.jbs.cam.ac.uk/people/paul-kattuman/
    Baye, M.R., Gatti, J.R.J., Kattuman, P. and Morgan, J. (2009) “Clicks, discontinuities, and firm demand online.” Journal of Economics and Management Strategy, 18(4): 935-975. ... Bhattacharjee, A., Higson, C., Holly, S. and Kattuman, P. (2009)
  3. Insolvency and Stakeholding (CBR project) - Research projects -…

    https://www.jbs.cam.ac.uk/centres/business-research-cbr/research/research-projects/project-insolvency-stakeholding/
    CBR Working Paper No. 204, June. Armour, J. (2001) The law and economics of corporate insolvency: a review. ... Book chapters. Armour, J. (2001) ‘The law and economics of corporate insolvency: a review’ in R.D.
  4. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-OffshoreTransmission.pdf
    5 Feb 2024: Theory. • Demsetz, 1968, ‘Why Regulate Utilities?,. Journal of Law and Economics. • ... American Economic Review 72 (1): 1-15. • Demsetz, H. (1968), ‘Why Regulate Utilities?, Journal of Law and Economics 11 (1), 55-65. •
  5. Business Failure and Macroeconomic Instability (CBR project) -…

    https://www.jbs.cam.ac.uk/centres/business-research-cbr/research/research-projects/project-business-failure-macroeconomic-instability/
    Amrour, J and Deakin, S (forthcoming 2003) ‘Insolvency and employment protection: the mixed effects of the Acquired Rights Directive’, International Law Review and Economics, 23. ... Book chapters. Armour, J. (2001) ‘The law and economics of
  6. wp 409 paper1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp409.pdf
    9 Jul 2023: Economic actors do not behave according to regulation, as mainstream law and economics purports. ... 1451). 8.For other approaches to law and economics that apply economic theory but involve contributions from other social sciences see, for example,
  7. wp 362_final

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp362.pdf
    9 Jul 2023: THE LAW AND ECONOMICS DEBATE ABOUT SECURED LENDING:. LESSONS FOR EUROPEAN LAWMAKING? ... the law and economics literature were, ‘notable for their use entirely of.
  8. 1 UK Law : The Basic Structure

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp148.pdf
    9 Jul 2023: The enquiry has practical relevance because the content of company law is currently under review, and the rules relating to share capital have been singled out for particular attention. ... 1. Introduction The recent Strategic Framework paper published
  9. 1 Intraday Markets for Power: Discretizing the Continuous trading? ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1609.pdf
    8 Dec 2023: randomized stop auctions and of alternative Priority Rules (policy options 71 and 12), European Commission Public Consultation, Review of the Markets in Financial Instruments Directive Garnier E, R. ... Intraday-trade: Economics refresher (Presentation).
  10. THE EVOLUTION OF OWNERSHIP DISCLOSURE RULES ACROSS COUNTRIES Michael…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp391.pdf
    9 Jul 2023: The nature of the link between legal change and economic development is one of these issues, and the interdisciplinary field oflaw and economics’ now provides the terrain on which rival ... The law and economics approach claims to offer a method
  11. WP436

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp436.pdf
    9 Jul 2023: Acknowledgements. I am grateful for comments from David Millon, Virginia Harper Ho and other participants in the Law and Society conference in Hawaii, and for funding from the University of Queensland. ... However, much of the economic literature
  12. WP 445 Paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp445.pdf
    9 Jul 2023: fields including the economics of law, there is now considerable agreement among social scientists on the nature of institutions and on their potential to shape economic and social outcomes. ... Systems theory in the sociology of law, which can be
  13. ANGLO-AMERICAN CORPORATE GOVERNANCE AND THE EMPLOYMENT RELATIONSHIP:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp308.pdf
    9 Jul 2023: In the UK, the government’s recent review of company law has confirmed that boards are permitted to take a view based on ‘enlightened shareholder value’ – which seeks to strike a ... balance between the competing interests of the different
  14. TWENTY YEARS OFLAW AND FINANCE’: TIME TO TAKE ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp501.pdf
    9 Jul 2023: JEL Codes: K0 Law and Economics (general), L5 Regulation and Industrial Policy, O1 Economic Development Keywords: law, regulation, corporate governance, theory Acknowledgements Gerhard Schnyder gratefully acknowledges funding from the Economic and
  15. Venture Capital and Insolvency: A Preliminary Enquiry

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp243.pdf
    9 Jul 2023: LAW, INNOVATION AND FINANCE: A REVIEW. ESRC Centre for Business Research, University of Cambridge Working Paper No. ... The review is organised around the idea that law may ‘matter’ in a variety of ways for corporate finance.
  16. ON HEAVEN’S LATHE: STATE, RULE OF LAW AND ECONOMIC ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp464.pdf
    9 Jul 2023: We develop our argument in a series of stages. In section 2 below we review recent contributions to the debate over the rule of law in economic development with the focus ... This insight is supported by coevolutionary models of law-economy relations of
  17. THE LAW-TECHNOLOGY CYCLE AND THE FUTURE OF WORK Simon ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp504.pdf
    9 Jul 2023: Keywords: gig economy, digitalisation, future of work, labour law, law and technology, Uber. ... Section 5 concludes. 2. The coevolution of law and technology Our suggestion is that law and technology co-evolve, in the sense implied by the theory of
  18. Distributed Generation versus Centralised Supply:

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0604.pdf
    5 Dec 2023: The same is true of later literature in the public choice tradition.42 Cooter and Rubinfield (1989) document how the law and economics literature has analysed settlement versus trial, most recently ... Joskow 1972b, 1973, 1974, respectively) Joskow and
  19. ISSN 2632-9611 SHAREHOLDER VALUE OR PUBLIC PURPOSE? FROM JOHN ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp520.pdf
    9 Jul 2023: It is not a managerial obligation; it is a choice. Nevertheless, the principal-agent model was enthusiastically embraced by the emerging Law and Economics School for bringing the rigour of economic ... theory to corporate law; and a generation of
  20. Legal Memetics: Towards an Evolutionary Theory of Legal Change

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp242.pdf
    9 Jul 2023: This line of thought was submerged for much of the twentieth century, but a version of it resurfaced during the 1970s in the context of the ‘law and economics’ movement.12 ... oflaw and economicsand socio-legal studies, and the consequences
  21. littlechild Customer involvement in transmission planning decisions…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-scopeforcustomerinvolvement.pdf
    13 Feb 2024: The lighthouse in economics”, Journal of Law and Economics, 17(2) October 1974: 357-376. ... Light-handed regulation”, Alberta Law Review, 37(2) 1999: 387-418. 20 Keith F Miller, “Energy regulation and the role of the market”, Alberta Law Review,
  22. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0930.pdf
    6 Dec 2023: The AER’s failure to follow the defined process and to have regard to the defined factors could be grounds for a merits review of the AER’s decision to the ... In the context of the first distribution price control review London Economics undertook a
  23. WP 424 Paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp424.pdf
    9 Jul 2023: This gives rise to the possibility of coevolution of law and the economy. ... This is a promising research field which can be pursued within the frames of several of the behavioral sciences, including evolutionary biology, anthropology, social psychology,
  24. Stranded Assets

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1828.pdf
    8 Dec 2023: Review of Literature. A number of explicit and implicit assumptions underpin monopoly price regulation. ... A normative analysis of economics and law under conditions of long term contract ambiguity, which ipso facto exists with the regulatory compact,
  25. LEGAL PERCEPTION AND FINANCE: THE CASE OF IPO FIRM ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp532.pdf
    9 Jul 2023: In this paper, we question this assumption and seek to explicitly distinguish the perception of law and positive law as two distinct constructs. ... Indeed, as explained above, the legal signaling view acknowledges that there can be discrepancies between
  26. RECLAIMING THE RELATIONAL ONTOLOGY OF THE FIDUCIARY AND EXPLORING ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp534.pdf
    9 Jul 2023: It is often referred to as a fiduciary duty. There are a number of contemporary ongoing debates regarding the fiduciary spanning the disciplines of law, philosophy, economics, and organisational theory. ... Noting the increasing momentum behind the
  27. The Trading of Unlimited Liability Bank Shares: The Bagehot Problem

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp241.pdf
    9 Jul 2023: 241. by. Charles R. Hickson and John D. Turner School of Management and Economics. ... This paper has benefited from comments made by John Armour, David Canning, Simon Deakin, Kevin O’Rourke and Michael Moore, participants at the Canadian Law and
  28. WP439

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp439.pdf
    9 Jul 2023: I]f you have hard law in an area then you are effectively supposing that the same model fits every company and of course even a hard law can have exceptions ... But if you use hard law and you put exceptions in, either the exceptions are so wide and
  29. EXPLORING EPISTEMIC VICES IN THE FIDUCIARY: INJUSTICE AND BEYOND ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp533.pdf
    9 Jul 2023: trustees, to guide investment strategies, and ii) contractarian law (influenced by the work of Chicago School of Economics professor Ronald Coase), which claims the view that fiduciary relationships are purely reducible ... 17. that investors are
  30. WP266

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp266.pdf
    9 Jul 2023: 8. consider the impact of its operations on the community and the environment’ (Company Law Review Steering Group, 2000: 13; see also Company Law Review Steering Group, 2001: 41). ... 9. 2.3 Board structure and accountability under the Combined Code of
  31. WP312

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp312.pdf
    9 Jul 2023: We also attempt to integrate this empirical material into the wider theoretical framework of comparative institutional analysis in economics and law. ... In a similar vein, Mattei (1997: 144), who more explicitly incorporates a law-and-economics
  32. WP 429 Paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp429.pdf
    9 Jul 2023: Periodic review and renegotiation of agreements means that the scope of learning is ongoing’ (Gilman and Marginson, 2002: 50). ... Exclusion from the joint review of pay and benefits of senior managers; exclusion from collective representation of
  33. IS THERE A RELATIONSHIP BETWEEN SHAREHOLDER PROTECTION AND STOCK ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp492.pdf
    9 Jul 2023: of Law and Economics in Bologna, and the WINIR Symposium on Property Rights in Bristol, and in particular John Armour, Dominic Chai, Clifford Holderness and Holger Spamann, as well as two ... suits) and some which refer to areas of law and regulation
  34. WP300

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp300.pdf
    9 Jul 2023: BANKRUPTCY LAW AND ENTREPRENEURSHIP. ESRC Centre for Business Research, University of Cambridge Working Paper No. ... 300. by. John Armour. Faculty of Law and Centre for Business Research University of Cambridge.
  35. The assessment of customer detriment in the retail energy market

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1703.pdf
    8 Dec 2023: www.eprg.group.cam.ac.uk. The CMA’s assessment of customer detriment in the GB retail energy market EPRG Working Paper 1703 Cambridge Working Paper in Economics 1707. ... the publication of market data and prohibition on issuing generic price
  36. ENTREPRENEURIAL COLLABORATION: TERMS OF ENDEARMENT OR RULES OF

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp471.pdf
    9 Jul 2023: 3. The Second Transition: Neoclassical Law and Economics and ‘Shock Therapy’ in the 1990s 3.1 The Law and Economics of Transition The fall of the Berlin Wall in 1989 was ... Richard Posner, leading exponent of Chicago-school law and economics and
  37. PDF - One Market, One Money, One Price? Price Dispersion in the…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0501.pdf
    9 Jul 2023: the European Com-mission (1990) argued that “without a completely transparent and sure ruleof the law of one price for tradable goods and services, which only a singlecurrency can provide, the ... GDP. This viewpoint was re-iterated in the 1996 review
  38. WP352

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp352.pdf
    9 Jul 2023: regulation, and of the civil law with centralised state control of the economy. ... system by a rule of law and in another by self-regulatory instruments or soft.
  39. WP393

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp393.pdf
    9 Jul 2023: Given that there is a strong correlation between countries’ rule of law and their level of de-velopment76, this particular finding is consistent with our earlier finding that developed countries, on ... This could be interpreted as a confirmation of
  40. LAW, TRUST AND INSTITUTIONAL CHANGE IN CHINA: EVIDENCE FROM ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp485.pdf
    9 Jul 2023: Keywords: Chinese law; new institutional economics; law and finance; law and development; guanxi JEL codes: G38, K12, K22 Acknowledgements We gratefully acknowledge funding from the ESRC’s ‘Rising Powers’ Programme. ... Thus institutions and
  41. WP 416 Paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp416.pdf
    9 Jul 2023: of the Directive are not clear and it seems uncertain, given the case law of the European Court of Justice on the freedom of establishment, whether restructuring under the Statute would ... 4. Reflexive Harmonisation and Corporate Law The theoretical
  42. Implicit Contracts, Takeovers, and Corporate Governance: In the…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp254.pdf
    9 Jul 2023: The argument is developed as follows. Section 2 below outlines the theoretical positions which have been taken within the law and economics literature on the role of implicit contracts and related ... The DTI Company Law Review, which was completed in
  43. WP366 conway et al final

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp366.pdf
    9 Jul 2023: in the rules of company law and securities law affecting listed companies,. ... US law, and has been roughly comparable to UK law. The laws of all the.
  44. WP 467 Paper-rev

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp467.pdf
    9 Jul 2023: protection index and legal effectiveness as measured by the rule of law.90. ... negative and statistically significant correlation between the rule of law and the.
  45. WP358

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp358.pdf
    9 Jul 2023: bankruptcy law, and also on the quality of enforcement of those rules (Berko-. ... ence the quality of law, and hence the real economy (Beck et al., 2003a, 2003b).
  46. HOW DO MULTINATIONALS BUILD SOCIAL CAPITAL? EVIDENCE FROM SOUTH ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp220.pdf
    9 Jul 2023: 2.2 Social Capital and Management Social capital has entered management studies through the field’s porous boundaries with economics and organisational behaviour (the latter through its strong links with sociology ... We review each in turn. 3.2.1.
  47. cover28

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp28.pdf
    5 Dec 2023: Cambridge Working Papers in Economics CWPE 0328. The Difficult Transition to Competitive Electricity Markets in the U.S. ... market bubble, a better understanding by investors of the real economics and market risks.
  48. WP 449 Paper colour

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp449.pdf
    9 Jul 2023: JEL Codes: G34, J48, J58, J88, K22, K31. Acknowledgements The support of the UK government’s Foresight Programme and specifically its review of UK manufacturing, and feedback from the programme’s ... 1. 1. Introduction This paper is a review of
  49. CBR Annual Report 2011 final

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/03/cbr-annual-report-2011.pdf
    9 Jul 2023: Established in 1994, it is now one of the leading centres for social science research on economics, law and business in the UK, and has a growing European and global reputation. ... Law and Industrial Relations 
  50. WP353

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp353.pdf
    9 Jul 2023: that focus on the informal and formal sector divide or the effects of law. ... debate on the effects of labour law on hiring practices and expansionary activity.
  51. 67D22199.tmp

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp486revised.pdf
    9 Jul 2023: In the following sections, we review the prior literature on these key provisions and develop hypotheses on the impact of takeover law and relevant provisions on shareholder wealth and the distribution ... Table 1 summarizes our empirical predictions

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