Many regard the 2010-2012 Massachusetts Criminal Offender Record Information (CORI) Reform as a national model to improve ex-offenders' labor market outcomes. This reform prohibits most employers from inquiring about an individual's criminal history on the initial job application (the "ban the...

This paper examines how changes in employers' access to job applicants' criminal histories affect ex-offender recidivism. We use extensive state administrative data on individual criminal histories spanning the 2010-2012 Massachusetts Criminal Offender Record Information (CORI) Reform, widely...

When should laws be enforced by private actors and when should society rely on law enforcement by public authorities? This question has been analyzed in great detail in law & economics scholarship. This article surveys the literature and outlines a framework of criteria for deciding whether...

While on one side India and its citizens have been grappling with black money and blaming the Government for being unable to come out with the means to effectively tackle the social menace, on the other hand statutory provisions effectuating the Government intent to come to terms with the...

This chapter deals with the enforceability of U.S. opt-out class actions in continental Europe, with special attention to Italy, France and Spain. The study sets out by a thorough analysis of U.S. precedents concerning the availability of extra-compensatory damages in complex litigation (among...

This black-letter publication (co-authored with Denis Chemla) provides an overview of the French law governing the tracking of assets by corporations that have been victims of a fraud committed by an employee. It presents, in a succinct manner, the legal challenges facing such corporations....

The government's 2011 prosecution of hedge fund manager Raj Rajaratnam and the various investigations into the use of expert networks by hedge funds and other institutional investors have prompted questions about the law of insider trading, permissible methods of gathering information, general...

Many have argued that thought should constitute per se unpatentable subject matter, and some have even suggested that any patent claim that includes a mental step should lie outside patentability. Many courts have long disagreed with such a draconian rule, and have instead upheld myriad patent...

Quantifying the amount of actual loss within securities fraud cases is crucial to criminal sentencing. The United States Sentencing Guidelines recently adopted a "modified rescissory method," whereby loss is measured by comparing average stock prices during and after the fraud. This paper argues...

The Quiet Revolution in the 1960s propelled the province of Québec onto the path of greater social justice and better government. But as the evidence exposed at the Charbonneau inquiry makes clear, this did not make systemic corruption disappear from the construction sector. Rather, it adapted...