Paige Marta Skiba

Professor of Law

Paige Marta Skiba has conducted innovative research in the area of behavioral law and economics and commercial law, particularly on topics related to her economics dissertation, Behavior in High-Interest Credit Markets. Her current research focuses on the causes and consequences of borrowing on high-interest credit, such as payday loans, auto-title loans, and pawnshops, as well as the regulation of these industries. She has been the recipient of numerous research grants and fellowships from institutions such as the National Science Foundation, the Russell Sage Foundation, the National Institute on Aging, the Federal Reserve Board of Governors, the Burch Center for Tax Policy and Public Finance, and the Horowitz Foundation for Social Policy. Professor Skiba earned her Ph.D. in economics from the University of California, Berkeley, in 2007. She teaches Bankruptcy and Behavioral Law and Economics to J.D. students. She also teaches Law and Economics, Behavioral Law and Economics, and Econometrics for the Legal Research in the Ph.D. Program in Law and Economics.

Research Interests

Behavioral economics, applied microeconomics, law and economics, banking and finance

Representative Publications

  • "Payday Loan Choices and Consequences," 47 Journal of Money, Credit, and Banking 223 (2014) (with Neil Bhutta and Jeremy Tobacman)
    Full Text | SSRN
  • "Tax Rebates and the Cycle of Payday Borrowing," 16 American Law and Economics Review 550 (2014)
    Full Text | SSRN | WWW
  • "Information Asymmetries in Consumer Lending: Evidence from Payday Lending," 5 American Economic Journal: Applied Economics 256 (2013) (with Will Dobbie)
    Full Text | SSRN
  • "The Ticket to Easy Street? The Financial Consequences of Winning the Lottery," 93 Review of Economics and Statistics 961 (2011) (with Scott Hankins and Mark Hoekstra). Featured in New York Times, Wall Street Journal and USA Today
    Full Text | SSRN
  • "Payday Loans and Credit Cards: New Liquidity and Credit Scoring Puzzles?" American Economic Review Papers and Proceedings, May 2009 (with Sumit Agarwal and Jeremy Tobacman)
    Full Text | SSRN
  • "Dude, Where's My Car Title? The Law, Behavior, and Economics of Title Lending Markets," University of Illinois Law Review (forthcoming 2014) (Selected for the 2013 Harvard/Stanford/Yale Junior Faculty Forum)
    Full Text | SSRN
  • "Pawnshops, Behavioral Economics and Self-Regulation," 32 Review of Banking & Financial Law 193 (2012) (with Susan Payne Carter)
    Full Text | PDF
  • "Regulation of Payday Loans: Misguided?", 69(2) Washington and Lee Law Review 1023 (2012) (symposium issue)
    Full Text | HEIN | WWW
  • "Pecuniary Mistakes? Payday Borrowing by Credit Union Members," in In Financial Literacy: Implications for Retirement Security and the Financial Marketplace (Olivia S. Mitchell and Annamaria Lusardi, eds.), Oxford University Press, 2011 (with Susan Payne Carter and Jeremy Tobacman)
    Full Text | SSRN

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Contact Information

(615) 322-1958 (voice)
(615) 322-6631 (fax)
Room 289 (office)

Curriculum Vitae



Ph.D. (Economics) University of California, Berkeley
B.A. University of Massachusetts, Amherst