Joint-degree students pursue a Ph.D. in law and economics and a J.D. concurrently in a fully integrated law and economics curriculum. The program is based in the Law School.
Courses are taught by faculty from the Law School and the Department of Economics. Students receive a solid grounding in microeconomic theory, econometrics, and law and economics theory. Our principal fields include risk and environmental regulation, labor markets and human resources, and behavioral law and economics.
The Ph.D. Program in Law and Economics at Vanderbilt was launched in Fall 2007. The program has graduated two joint-degree students and currently has 12 students in residence, ranging from year one to year six. The program is currently accepting applications for Fall 2014. To be considered, applicants must have a strong mathematics background commensurate with the standards of leading Ph.D. programs in economics.
Law and economics students are fully funded by a competitive package of fellowship support covering both tuition and stipend.
"This program has exceeded our very high expectations. The combination of an internationally renowned faculty, an innovative and personalized curriculum, and generous financial support has enabled us to attract extraordinarily gifted and motivated students who will become the next generation's leading scholars and teachers in the field of law and economics."
Chris Guthrie, Dean and John Wade-Kent Syverud Professor of Law
L&E student Blair Druhan has accepted a judicial clerkship with Judge Stephen A. Higginson, U.S. Court of Appeals for the Fifth Circuit, to begin Fall 2015.
L&E student Benjamin J. McMichael has accepted a judicial clerkship with Judge Carolyn Dineen King, U.S. Court of Appeals for the Fifth Circuit, to begin Fall 2015.
L&E professor W. Kip Viscusi's estimates of the value of a statistical life have been adopted by the U.S. Department of Transportation (DOT) in their 2013 guidelines. [Read more]
L&E professor Joni Hersch's paper "Opting Out among Women with Elite Education," has received international media attention. [Read at NBCNews.com] [Read at WSJ.com] [Read at ScienceDaily.com] [Read at Bloomberg Businessweek] [Read at Boston Globe] [Read at U.S. News & World Report]