Andrew F. Daughety

Gertrude Conaway Vanderbilt Professor of Economics Professor of Law
Voice: (615) 322-3453
Fax: (615) 322-8495
Email: andrew.f.daughety@vanderbilt.edu
Office: 312 Calhoun Hall
View curriculum vitae (.pdf)
Personal Website
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Research Interest(s)
Settlement and negotiation, courts and court systems, products liability and safety, privacy, the market for legal services, litigation funding
Education
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
Biography
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 an associate editor of The Rand Journal of Economics and a past co-editor of the Journal of Economics and Management Strategy. He recently served on the board of directors of the American Law and Economics Association. 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; and Stanford Law School.
Representative Publications
Articles
“Economic Analysis of Products Liability: Theory,” in Research Handbook on the Economics of Torts, Jennifer H. Arlen, Ed. (Edward Elgar Publishing Co., forthcoming 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 (2) American Economic Journal: Microeconomics 191 (2010) (with Jennifer Reinganum)
“Population-Based Liability Determination, Mass Torts and the Incentives for Suit, Settlement, and Trial," 26 (3) Journal of Law, Economics, & Organization 460 (2010) (with Jennifer Reinganum)
"Settlement" in Encyclopedia of Law & Economics, 2nd edition, Volume 8, Chapter 15: Procedural Law & Economics, Chris William Sanchirico, editor (Elgar Publishing, 2012) (with Jennifer Reinganum)
“Products Liability, Signaling and Disclosure,” 164 (1) Journal of Institutional & Theoretical Economics 106 (2008) (with Jennifer Reinganum)
“Markets, Torts and Social Inefficiency,” 37 (2) RAND Journal of Economics 300 (2006) (with Jennifer Reinganum)
“Speaking Up: A Model of Judicial Dissent and Discretionary Review,” 14 Supreme Court Economic Review 1 (2006) (with Jennifer Reinganum)
“Economic Theories of Settlement Bargaining,” 1 Annual Review of Law & Social Science 35 (2005) (with Jennifer Reinganum)
"Secrecy and Safety,” 95 (4) American Economic Review 1074 (2005) (with Jennifer Reinganum)
Working Papers
"Cumulative Hard and Resilient Liability Rules for Product Markets" (with Jennifer Reinganum)
"Cumulative Harm, Products Liability and Bilateral Care" (with Jennifer Reinganum)
“The Effect of Third-Party Funding of Plaintiffs on Settlement” (with Jennifer Reinganum)
"Search, Bargaining, and Agency in the Market for Legal Services," (with Jennifer Reinganum)
Presentations
"Cumulative Harm and Resilient Liability Rules for Product Markets," University of Washington, January 2012; University of Texas Law School, February 2012; University of Southern California Law School, February 2012; Berkeley Law School, March 2012; Stanford Law School, May 2012; and National Bureau of Economic Research Law and Economics Workshop (Summer 2012)
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