Author Archives: Steve Hedley

‘A New Perspective on Market Actor Behavior, Motivations and Beliefs’

“In my article ‘Tribes and Temperaments: Two Underappreciated Determinants of Market Actor Behavior, Motivations and Beliefs’, prepared for a volume on Hidden Fallacies in Corporate Law and Financial Regulation, I make two arguments, one narrow and one very broad. The narrow argument is that law and economics does not take tribes or temperaments, as I […]

K-Sue Park, ‘Race and Property Law’

ABSTRACT This chapter offers an outline for understanding the key role of race in producing property values in the history of the American property law system. It identifies major developments in the mutually formative relationship between race and property in America that made and remade property interests in America through the processes of 1) dispossessing […]

Andrés Páez, ‘Negligent Algorithmic Discrimination’

INTRODUCTION … This Article proceeds in three parts. The next Part offers some examples of algorithmic discrimination in hiring decisions that have been documented in recent years. Part III explains why the doctrines of disparate treatment and disparate impact are ineffective in the case of algorithmic discrimination. Part IV presents the idea that discrimination generally […]

‘New Directions in Private Law Theory’: UCL Laws, 11-12 November 2021

UCL Laws will host a major international conference on ‘New Directions in Private Law Theory’ on 11 and 12 November 2021. The UCL team, comprising Professor Charles Mitchell, Dr Prince Saprai, Dr Fabiana Bettini, and Mr Martin Fischer, has been awarded funding by the Society of Legal Scholars to run the event as one of […]

Metka Potocnik, ‘Book Review: Hayleigh Bosher, Copyright in the Music Industry: A Practical Guide to Exploiting and Enforcing Rights

“Dr Hayleigh Bosher’s Copyright in the Music Industry is the latest addition to numerous titles trying to decipher the complexities of intellectual property (IP) and other rules relevant to the music industry. With specific focus, care for her audience and a practical approach, Bosher joins several other expert attempts wishing to explain IP and other […]

Geiger and Bulayenko, ‘Creating Statutory Remuneration Rights in Copyright Law: What Policy Options Under the International Legal Framework?’

ABSTRACT Statutory remuneration rights are progressively attracting the attention of policy makers as regulatory tools since they constitute a middle way between exclusivity and free uses. Remuneration rights have the potential to realise the delicate balance between access to and protection of copyrighted works, while at the same time potentially safeguarding the interests of all […]

Hathaway, Ewell and Nohle, ‘Has the Alien Tort Statute Made a Difference? A Historical, Empirical, and Normative Assessment’

ABSTRACT The Alien Tort Statute (ATS), which allows aliens to file civil suit in US courts for violations of the law of nations, has been considered by many to be one of the most important legal tools for human rights litigation in the United States and perhaps even the world. The effectiveness of this tool, […]

‘Copyright Infringement and Free Bread’

“Copyright infringement, although often regarded as theft, seems to be a rather strange kind of property infringement. If I steal your car, or your cash, or your furniture, I deprive you of the use of those things and stick you (or your insurance company perhaps) with the cost of replacing those items. But if I […]

Simon Gleeson, ‘Legal Considerations Around Smart Contracts: Contracts Between Computer Programs’

ABSTRACT Algorithmic trading – where two computer programs deal directly with each other – is a commonplace of modern securities trading. However, in general such trading occurs subject to exchange rule books, or under framework contracts, which establish the legally binding nature of such interactions. When computer programs purport to deal with each other directly […]

Klein, Manini and Shi, ‘Across the Pond: How US Firms’ Boards of Directors Adapted to the Passage of the GDPR’

ABSTRACT One of the prime responsibilities of the board of directors is to understand and oversee its firm’s risk profile. We exploit a recent European Union (EU) regulation, the General Data Protection Regulation (GDPR), as a quasi-exogenous shock to the cyber risk landscape to assess whether boards of US firms changed their focus and governance […]