Andrew F. Daughety

Gertrude Conaway Vanderbilt Professor of Economics
Professor of Law

Andrew Daughety's research relating to law focuses on models of settlement and negotiation, models of courts and court systems, products liability and safety, privacy, the market for legal services, and litigation funding. He is on the editorial board of The American Law and Economics Review, an associate editor of the RAND Journal of Economics and a past co-editor of the Journal of Economics and Management Strategy. He joined the faculty of Vanderbilt's Department of Economics in 1995 after serving as professor of economics and management sciences at the University of Iowa. He began his academic career at Northwestern University's Kellogg Graduate School of Management, where he was an assistant professor of managerial economics and transportation. He has been a visiting scholar at the Wharton School of the University of Pennsylvania; Centre d’Economie et de Finances Internationales, Universite d’Aix-Marseille; California Institute of Technology; the Berkeley Center for Law, Business and the Economy at the University of California, Berkeley School of Law; New York University Law School; the Max Planck Institute for Research on Collective Goods, Bonn; the Universitat Autonoma de Barcelona; Hitotsubashi University, Tokyo; the University of Melbourne; Stanford Law School; and the Institute for Advanced Study in Toulouse.

Research Interests

Settlement and negotiation, courts and court systems, products liability and safety, privacy, the market for legal services, litigation funding

Representative Publications

  • "Cumulative Harm and Resilient Liability Rules for Product Markets," Journal of Law, Economics and Organization (forthcoming) (with Jennifer Reinganum)
  • "Cumulative Harm, Products Liability and Bilateral Care," American Law and Economics Review (forthcoming) (with Jennifer Reinganum)
  • “Revelation and Suppression of Private Information in Settlement Bargaining,” University of Chicago Law Review (forthcoming 2013) (with Jennifer Reinganum)
  • Economic Analysis of Products Liability: Theory,” in Research Handbook on the Economics of Torts, Edward Elgar Publishing (Jennifer H. Arlen, editor; forthcoming 2013) (with Jennifer Reinganum)
    Full Text | SSRN
  • "Search, Bargaining and Signalling in the Market for Legal Services," 44 RAND Journal of Economics 82 (2013) (with Jennifer Reinganum)
  • “The Effect of Third-Party Funding of Plaintiffs on Settlement” (with Jennifer Reinganum).  Policy Brief 2013-06 available at Center for the Study of Democratic Institutions, Vanderbilt University, Policy Briefs.
  • "Settlement" in Encyclopedia of Law & Economics, 2nd edition, Volume 8, Chapter 15: Procedural Law & Economics, Elgar Publishing (Chris William Sanchirico, editor; 2012) (with Jennifer Reinganum)
  • "A Dynamic Model of Lawsuit Joinder and Settlement," 43 RAND Journal of Economics 471 (2011) (with Jennifer Reinganum)
  • “Public Goods, Social Pressure, and the Choice Between Privacy and Publicity," 2 American Economic Journal: Microeconomics 191 (2010) (with Jennifer Reinganum)
  • “Communicating Quality: A Unified Model of Disclosure and Signaling,” 39 RAND Journal of Economics, 973 (2008) (with Jennifer Reinganum)

Contact Information

(615) 322-3453 (voice)
(615) 322-8495 (fax)
312 Calhoun Hall (office)

Curriculum Vitae



Ph.D. (Operations Research) Case Western Reserve University
M.A. (Economics) University of Southern California
M.S. (Operations Research) Case Western Reserve University
B.S. (Mathematics) Case Institute of Technology