May. 27, 2020—New research by Owen Jones, Christopher Jaeger '09 and two colleagues may explain why we sometimes overvalue items we’ve acquired—to an irrational degree—irrespective of their market or sentimental value. The endowment effect can lead people to make unpredictable economic decisions and has far-reaching implications for legal policy relating to markets and business. Jones holds the Glenn M. Weaver, M.D. and Mary Ellen Weaver Chair in Law, Brain, and Behavior, and Jaeger is an acting assistant professor of lawyering at New York University who also holds a Ph.D. in psychology from Vanderbilt.
May. 26, 2020—The scholarship was endowed by a gift from the Sarah and Ross Perot Jr. Foundation to recognize Zeppos’ extraordinary tenure as Vanderbilt chancellor from 2008 through 2019. Ross Perot Jr., BA’81, announced the gift Feb. 7 at a meeting of Vanderbilt’s Board of Trust, on which he has served since 2010. The chancellor emeritus is currently on a yearlong sabbatical and will return to the Vanderbilt faculty as professor of law and political science.
May. 8, 2020—Hall-Hartman Awards are based on a poll of students in each first-year section and also honor outstanding teaching in large and small upper-level classes.
Apr. 20, 2020—Julie Rose interviews W. Kip Viscusi about balancing the economic toll of sheltering in place with the risk of more coronavirus cases if businesses reopen in this April 8 podcast.
Apr. 20, 2020—Their column, "Let's Pay the Stimulus in Digital Dollars," touts the advantages of a "digital dollar" in allowing for faster distribution of stimulus funds, supporting social distancing, reducing the cost of distributing funds to recipients, and eliminating check-cashing costs and other fees for recipients who don't have bank accounts.
Apr. 20, 2020—In a discussion with Planet Money hosts Sarah Gonzalez and Kenny Malone, Professor Viscusi applies his research on the value of reducing risks to life to two pressing questions: "Is it worth it to shut down the economy to save lives?" Or "Should we let people die to save the economy?" He talks about how he came up with a value for a human life and how that value could inform decisions about when to reopen the economy. Viscusi co-directs the Ph.D. in Law and Economics program.
Apr. 13, 2020—Sitaraman and co-authors Julius Krein and E. Glen Weyl propose the formation of a Pandemic Testing Board tasked with scaling up production, coordination and deployment of COVID-19 tests. The board's mission would be to increase the supply of tests and to launch a Pandemic Response Corps of civilians trained to administer them.
Mar. 27, 2020—John Hasnas, executive director of the Georgetown Institute for the Study of Markets and Ethics, touts The Conservative Case for Class Actions as "a well-constructed, informative, and clearly expressed argument for the value of class action lawsuits." In his review, published in Regulation, Hasnas says Fitzpatrick's book "should appeal to thoughtful readers regardless of prior ideological commitments."
Mar. 22, 2020—In a coauthored opinion piece published by The American Prospect, Ganesh Sitaraman and co-author Lev Menand look back at policy choices made during the economic crisis of 2008 to provide insights for navigating the current economic emergency. By examining what worked and what didn’t in response to the 2008 crisis, they suggest, we can reprise successful strategies while avoiding pitfalls. Sitaraman is the author of The Great Democracy, and Menand, an academic fellow and lecturer at Columbia Law School, served as a senior advisor to the Deputy Secretary of the Treasury from 2015-16.
Mar. 16, 2020—Professor Sitaraman’s research addresses issues in constitutional, administrative and foreign relations law. His most recent book is The Great Democracy (Basic, 2019).
Feb. 26, 2020—Rossi and Serkin were honored for their Cornell Law Review article, “Energy Exactions,” in which they propose that cities use exactions to hold developers accountable for their impacts on the electrical system. The Morrison Prize is a peer-reviewed honor bestowed through the Law and Sustainability Program at Arizona State University.
Feb. 24, 2020—Blumstein discusses "The Current Constitutional Challenge to the Affordable Care Act" in a Feb. 21 "Insights" column published online by the Journal of the American Medical Association Network. He is the University Professor of Constitutional Law and Health Law and Policy at Vanderbilt University, where he directs the Vanderbilt Health Policy Center.
Feb. 17, 2020—Ganesh Sitaraman’s work as a longtime advisor to presidential candidate Elizabeth Warren and a friend of presidential candidate Pete Buttigieg is the subject of a New York Times profile by Emma Goldberg, “A Scholar of Democracy Gets a 2020 Lab for His Ideas.” Sitaraman is a professor at Vanderbilt Law School and the author of a new book, The Great Democracy. Morgan Ricks, a colleague on the VLS faculty, is quoted describing Sitaraman as a “structural thinker.”
Feb. 12, 2020—Ruhl provides an overview of the National Environmental Policy Act drawing from his years practicing environmental law in this podcast interview with Raimi, a senior fellow at Resources for the Future. Ruhl explains how NEPA lawsuits are especially complex, involving statutes, court opinions and recent regulatory changes that are often at odds, and discusses the implications of a proposed rule change by the Trump administration that could limit the types of litigation that can be pursued under NEPA. A transcript of the interview appears below the audio link.
Jan. 10, 2020—Viscusi, an economist whose research focuses on fatality risks, found that post-9/11 wars resulted in indirect deaths in the U.S. due to the diversion of war costs from the U.S. economy and the subsequent impact on consumers who had less money to spend on better nutrition, health care, safe housing and safe products. His article, "The Mortality Cost Metric for the Cost of War," appears in the journal Peace Economics, Peace Science and Public Policy.
Jan. 8, 2020—Provost Research Studios provide up to $4,000 to support the professional development of full-time faculty early in their academic careers.
Dec. 9, 2019—In a Dec. 9 article published by The Conversation, Skiba and Malone explain why payday lenders have embraced installment loans, based on their recent study that explored the effect that the larger installment loans have on borrowers. Their results suggest that installment loans may create additional financial strain for consumers rather than benefiting them.
Dec. 3, 2019—Viscusi’s book Pricing Lives and Vandenbergh’s book, Beyond Politics: The Private Governance Response to Climate Change, co-authored with VU professor Jonathan Gilligan, were included in “Reading the Environment: 1969-2019,” an Environmental Forum overview of influential environmental writing by Oliver Houck and G. Tracy Mehan II.
Dec. 2, 2019—In a book review published in the National Review, Judge Kenneth K. Lee of the Ninth Circuit Court of Appeals touts Fitzpatrick's book, "The Conservative Case for Class Action Lawsuits," as "a clever, contrarian, and counterintuitive take on class actions that should open the eyes of both conservatives and liberals."
Nov. 19, 2019—Professor Sitaraman proposes that Congress pass a Congressional Review Act that would enable it to overturn SCOTUS decisions on legislative matters with greater speed and ease in a Nov. 16 essay published in The Atlantic.
Nov. 14, 2019—Kay, who is associate dean for experiential education, has taught at VLS since 1980 and established the law school's first clinic. The award recognizes her lifetime dedication to criminal justice reform and legal advocacy, which includng successfully challenging Nashville's jail conditions. She was honored on Nov. 14.
Nov. 14, 2019—In his new book, released this fall by Chicago University Press, Fitzpatrick makes "The Conservative Case for Class Actions," asserting that "They're better than the alternative: regulation by bureaucrats."
Nov. 11, 2019—Wuerth, Helen Strong Curry Professor of International Law, and Ted Fischer, Cornelius Vanderbilt Professor of Anthropology, lead the GlobalVU intiative, which is funded by the Provost and Vanderbilt's Transinstitutional Programs (TIPS) program. The Global Fellows Program will bring international scholars, authors, artists, politicians and other thought leaders to Vanderbilt.
Nov. 11, 2019—In a Nov. 10 New York Times opinion piece, Sitaraman and his co-authors propose a government-supported public research consortium to focus on AI and other emerging technologies.
Nov. 11, 2019—Vanderbilt has also announced that one of its newest residential colleges will be named in Zeppos' honor. He will began teaching in fall 2020, after a yearlong sabbatical.