Whither the securities event study? The method assumes efficient mrks: investors react quickly to news (even on the back pages) affecting a single co's share price.
That doesn't square with a sell-off in AI stocks on Thursday ... in response to an election on Tuesday.
@AliceFromQueens Bothsides-ing an attack on a Michigan synagogue & pre-school is "about" Israel/Palestine only if one sees American Jews as foreign.
Pleased to contribute to this @WIRED@mollyraskin story. It’s refreshingly anti-clickbait: careful reporting on unsexy legal questions--appointee vacancies, subdelegations--where the conclusions IMO are rightfully nuanced and hedged. https://t.co/nysrv8L8OY
Blown away by @lsolum's very kind words about (and engagement with) Lawyer's Meaning is Lawful Meaning: "Highly Recommended! This is a marvelous paper .... On this and much else, Neibart’s article—developed with rigor and care—deserves the attention of everyone who works on statutory interpretation."
Check it out here: https://t.co/nvoG6ACkCk
If Washington wants to subsidize $45 million companies, it should say so, rather than dressing them in Main Street’s clothes, writes @BrianDFeinstein
https://t.co/trqbt6Gkgl
Wharton is hosting its annual financial regulation conference and unsurprisingly there’s a lot of stuff at the edge of banking. Private credit, systemic risk transfers, fintechs, ‘40 Act companies. It’s a nonbank world out there these days.
Please help me get the word out about the new websites for Legal Theory Blog and the Legal Theory Lexicon. Reposting here and on other social media sites is great. It would be especially helpful if law school faculty members could send an email to their colleagues with the new addresses. Legal Theory Blog is at https://t.co/D2xkWnXYwX. The Legal Theory Lexicon is at https://t.co/v7ihNBHjIo. Thanks in advance for you help.
This article discusses how #federallaw systematically privileges #smallbusinesses & argues that this regime of favoritism creates significant costs, while its supposed benefits are debatable.
Read: https://t.co/mTf7QpKrDd
Subscribe: https://t.co/SdTSpAPMqF
#LawTwitter
My Wharton colleague @BrianDFeinstein has posted a impt paper on federal legal and administrative bias favoring small firms -- a foundation of democracy? A costly subsidy? Or a certain killer of the view that large firms have unwarranted political power? https://t.co/jfzOu8tkjx
The 2025 Political Economy & Public Law conference covered #research on an array of topics- from disclosure rules to Congressional oversight committees to small business-favoring provisions to executive orders. Thank you to all who made this event such a success!