In its 2013 guidance memo, DOT updated its approach for assigning a dollar value to prevention of fatal injuries, which is now over $9 million per expected fatality. DOT relied upon Viscusi’s studies to set the overall valuation of risk to life, the reasonable range of valuation estimates, and the effect of income levels on these values. The previous DOT methodology was based largely on the 2003 meta-analysis of value of statistical life studies by Viscusi and Aldy, while the current approach relies on labor market studies using newer occupational fatality data. Yellow highlighting in the attached DOT guidance document indicates all studies authored or coauthored by Viscusi. [Read the DOT 2013 guidance memo]
Professor Paige Marta Skiba is interviewed about pricey car title loans on The Street. [Watch the video]
Professor Joni Hersch's paper "Opting Out among Women with Elite Education" is garnering substantial media attention. [Read at NBCNews.com] [Read at WSJ.com] [Read at ScienceDaily.com] [Read at BusinessNewsDaily.com] [Read in Cosmopolitan] [Read at Vanderbilt.edu]
L&E student Jacob P. Byl's paper "Conserving a Place for Renewable Power" has been accepted for publication by the Journal of Environmental Law & Litigation and was a finalist in the Institute for Energy Law's Hartrick Scholar Writing Competition. This will be Mr. Byl's third publication.
L&E student Blair Druhan was awarded the Myron Penn Laughlin Award for Excellence for her Vanderbilt Law Review Note "Severe or Pervasive: An Analysis of Who, What, and Where Matters When Determining Sexual Harassment." Blair was also awarded the Candidates Award, which is awarded by the second-year staff of the Vanderbilt Law Review to the third-year staff member, other than the editor-in-chief, who has made the most significant contribution to their development as staff members of the Vanderbilt Law Review.
Professor Skiba is quoted about payday lending by The Tennessean.
Professor Joni Hersch was one of two recipients of the 2013 Mentoring Award, presented by the Vanderbilt University Margaret Cunningim Women's Center.
Law and economics students V. Blair Druhan and Jinghui Lim have been selected to present papers at the American Law and Economics Association Annual Meeting at Vanderbilt this May. V. Blair Druhan will present her paper "Determinants of Employer Retaliation After Workplace Sexual Harassment." Jinghui Lim will present her paper "Examining the Impact of Monitoring and Enforcement on Stationary Source Emissions."
Elissa Philip will be the Senior Articles Editor for the Vanderbilt Law Review for 2013-2014.
V. Blair Druhan's Note "Severe or Pervasive: An Analysis of Who, What, and Where Matters When Determining Sexual Harassment" has been published by the Vanderbilt Law Review.
L&E student Caroline Cecot, who is expected to graduate in 2014, accepted a clerkship to begin in June of 2015 in the chambers of The Honorable Raymond Lohier in the United States Court of Appeals for the Second Circuit in New York, New York.
L&E graduate Jennifer Bennett Shinall is among 19 graduates of the class of 2012 to be elected members of the Vanderbilt Law School Chapter of Order of the Coif.
L&E students Elissa Philip and Jean Y. Xiao have been recognized by Vanderbilt Law School as Vanderbilt Law & Economics Scholars. The VLESP program is a partner program to the highly selective Vanderbilt Legal Academy Scholars Program (VLASP), which recognizes top J.D. students and seeks to prepare the scholars for careers in academia and research.
L&E student Henri Rautonen won a Lightfoot, Franklin & White Legal Writing Award for Best Oralist, and Jean Y. Xiao won a Lightfoot, Franklin & White Legal Writing Award for Best Brief. Congratulations, Henri and Jean!
L&E student V. Blair Druhan's article "ACUS Recommendations Stand the Test of Time: Administrative Implications of the Affordable Care Act" is posted at the Administrative Fix Blog on the Official Webpage for the Administrative Conference of the United States. Ms. Druhan worked as a Legal Intern at the ACUS in summer 2012.
Professor Joni Hersch will be the FedEx Research Professor for 2012-2013. This honor is bestowed upon a senior member of the law faculty each year in recognition of productivity in research.
L&E students Elissa Philip and Jean Y. Xiao earned positions on the Vanderbilt Law Review editorial staff for 2012-2013.
L&E student Jacob P. Byl earned the development editor position for the Environmental Law and Policy Annual Review for 2012-2013.
L&E student Caroline Cecot received the Robert F. Jackson Memorial Prize, which is awarded to "that member of the second-year law class who has maintained the highest scholastic average during the two years."
Professor Joni Hersch writes about "Starting a New Interdisciplinary PhD Program" in the Summer 2012 edition of the American Economic Association's Committee on the Status of Women in the Economics Profession Newsletter.
Professor W. Kip Viscusi is interviewed about the Federal Aviation Administration's use of the value of statistical life numbers by Business Week's Andrew Zajac in "Airline Crash Deaths Too Few to Make New Safety Rules Pay."
Recent L&E graduate Jennifer Bennett Shinall's findings on possible legal remedies to combat weight discrimination in the workplace are featured in "Two Cities Offer Model to Fight Weight Discrimination," by Jim Patterson.
The first L&E graduate, Jennifer Bennett Shinall, will be featured in The Vanderbilt Lawyer and is currently featured on the VULS website in a piece written by VULS graduate and Adjunct Professor David L. Hudson, Jr. [Read more]
The first L&E graduate, Jennifer Bennett Shinall, presented her paper "Legal Largesse or Big, Fat Failure: Do Weight-Based Discrimination Laws Improve Employment Outcomes for the Obese?" at the ALEA 2012 Annual Meetings at Stanford University. Around 50 people attended the session that included Ms. Shinall's paper.
L&E student V. Blair Druhan's Note, "Severe or Pervasive: An Analysis of Who, What, and Where Matters When Determining Sexual Harassment," has been accepted for publication in the VLR. L&E student Benjamin J. McMichael's Note, "Constitutional Limitations on Punitive Damages: Effective, But for the Wrong Reasons," has also been accepted for publication in VLR.
L&E student Jacob P. Byl earned a position as an associate editor of the VLR for 2012-2013.
Professor Joni Hersch examines the relationship between pay and the likelihood of experiencing sexual harassment in a podcast. [Listen to Inside Higher Ed: Academic Minute: Sexual harassment and pay]
As one of the top 30 competitors, L&E student Benjamin J. McMichael earned a spot on the 2012-2013 Vanderbilt Moot Court Board. [Read more]
L&E student V. Blair Druhan has been selected as Executive Editor of the Vanderbilt Law Review for AY 2012-2013. L&E student Benjamin J. McMichael will be Articles Editor for VLR next year.
L&E student Caroline Cecot's note "Blowing Hot Air: An Analysis of State Involvement in Greenhouse Gas Litigation" has been published by the Vanderbilt Law Review (January 2012) (Vol. 65, No. 1).
Professor Joni Hersch and Professor W. Kip Viscusi's recent paper "Law and Economics as a Pillar of Legal Education" has garnered attention from legal scholars in the blogosphere. Read more at Law, Rhetoric, & Debate and Legal Industry News.
Professor Joni Hersch and Professor W. Kip Viscusi recently found that more than a quarter of the faculty at the top 26 law schools, as determined by U.S. News & World Report, hold a Ph.D. Read more at the National Law Journal.
Ph.D. candidate Jennifer Bennett Shinall is invited to present her paper "Legal Largesse or Big, Fat Failure: Do Weight-Based Discrimination Laws Improve Employment Outcomes for the Obese?" in a graduate student session at the Southern Economic Association annual meeting on November 21 in Washington, D.C.
Professor Joni Hersch joins the debate on a New Jersey law that prohibits employers from barring unemployed workers from applying for jobs. [Read the New York Times discussion] [Download Professor Hersch's segment]
Professor W. Kip Viscusi, expert on the efficacy of warning labels, is quoted by Steve Chapman for The Chicago Tribune in "Big Brother Gets Really Ugly: New Cigarette Labels are Enough to Make You Ill." [Read the Chicago Tribune article]
Jennifer Bennett Shinall, who is expected to be the first graduate of the Ph.D. Program in Law & Economics, has accepted a clerkship in the chambers of The Honorable John Tinder, U.S. Court of Appeals for the Seventh Circuit. Ms. Shinall is expected to graduate with her J.D. and Ph.D. and begin her clerkship in 2012.
Research Associate Sharon Shewmake and co-writer Lovell Jarvis offer a $68 million dollar solution for the California state budget in "Viewpoints: Don't Give Away Carpool Lane Access - Sell It." [Read the story]
Professor W. Kip Viscusi is quoted by Thomas Kaplan for The New York Times in "Lessons for Albany on Malpractice Limits." [Read more]