Elder Financial Fraud: The Economic and Ethical Case for Instituting Mandatory Reporting Laws in Financial Institutions
by Lauren Tse Abstract This study examines the effectiveness of the 2016 NASAA Model Act, specifically if states that implemented its provisions see greater levels of elder fraud reporting. This legal reform introduces reporting requirements for broker-dealers and investment advisers to report suspected elder fraud to government authorities, granting explicit immunity to those who comply. To […]
Alcohol Use and Assault: Regression Discontinuity Evidence from the Minimum Legal Drinking Age
by Maggie Hu Abstract While it has long been observed that alcohol consumption is a risk factor for violence, the economics literature has up until recently provided minimal persuasive evidence regarding the causal nature of this relationship. In this study, we employ a regression discontinuity (RD) framework to examine how arrest and victimization rates from […]
Action or Distraction? Assessing the Impact of Post-2020 Police Use of Force Reforms in American Cities
by Vineet Chovatia Abstract Between 2013 and 2024, police killed 13,468 people in the United States. Low-income communities of color, who are disproportionately targeted, bear the brunt of this violence. This reality reflects a legacy rooted in a deeply racist history that continues to shape American policing today. In the wake of regular, highly-publicized killings […]
Splitting Hairs or Splitting Regions: The Differential Democratic Impacts of Splitting ZIP Codes vs. Counties During Redistricting
by Jacob Hervey Abstract In light of the Supreme Court’s holding in Gill v. Whitford, judicially-enforceable gerrymandering metrics must focus on democratic harms to individual citizens, instead of state-wide measures of proportionality. Previous literature has suggested that gerrymandering metrics should focus on the extent to which congressional districts split preexisting geographic boundaries (namely, ZIP codes […]
Last Second Comebacks: Examining Influencers of Bankruptcy Success
by Eric Junzhe Zhang Abstract The American bankruptcy system allows for companies to file for Chapter 11 bankruptcy to protect their assets from creditors and reorganize their business operations to continue operating after going through bankruptcy court. While the process is meant to help improve the financial health and business operations of companies after they […]
The Effect of Gun Prevalence on the Occurrence of School Shootings
by Abigail Ullendorff Abstract This paper studies how gun prevalence, represented by federal firearm background checks, affects the occurrence of school shootings. While precedent literature has estimated adverse effects of school shootings on exposed children, including reductions in mental health, academic achievement, and labor market earnings, few studies have attempted to identify factors that influence […]
A Two-Stage Analysis Considering Gun Theft & Overall Crime: Evidence from Child Access Prevention Laws
by Ronan Brew Abstract Child Access Prevention Laws (CAP) came to prominence in the early 1990s in the wake of the highest recorded rate of overall and adolescent firearm deaths seen in the United States at that time, placing mandatory firearm storage requirements on adults living in a home with children. While the primary – […]
Beyond the But-For World: Weak-necessity causal reasoning for model-based counterfactuals in law and economics
by Lilia Qian Abstract Under current standards for scientific evidence defined under Daubert, antitrust models are frequently excluded from legal consideration, but not always for reasons that make them genuinely unreliable. This paper clarifies why antitrust models face difficulties when subjected to methodological scrutiny: the employment of model-based counterfactual arguments under an epistemically defective ‘but-for’ […]
The Case for Clemency: Differential Impacts of Pretrial Detention on Case and Crime Outcomes
by George Rateb Abstract About half-million of individuals in US jails are detained pretrial while legally presumed innocent. Using data on quasi-randomly assigned bail judges in the third-largest court system in the U.S., we study the impact of pretrial detention on defendants’ court and crime outcomes between 2008 and 2012. We supplement our primary analysis […]