Cameras in the Courtroom: A Field Experiment in Real Trials
Professor John Zhuang Liu, University of Hong Kong
Registration URL: https://jp.surveymonkey.com/r/6QXFVFV
Date: May 18, 2022 (Wed.)
Time:
1:00 p.m. Central European Summer Time (CEST)
4:30 p.m. New Delhi
6 p.m. Bangkok/Ho Chi Minh City/Jakarta
7 p.m. Beijing/Hong Kong/Kuala Lumpur/Singapore/Taipei
8 p.m. Seoul/Tokyo
9 p.m. Canberra
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Outline
We conduct an experiment in a real court to study the effects of cameras in the courtroom. Collaborating with a local court in China, we randomly assigned trials to be or not to be live broadcast in a four-week period (N = 85). We find that the rate of speech (average speaking speed) of parties is 18% slower in the presence of live broadcast, implying they are more cautious (or, perhaps, nervous) in the presence of cameras. Meanwhile, their speaking speeds do not become normal after the first several minutes, suggesting they do not neglect the presence of cameras as time passes. The speech rate of repeat players, i.e., lawyers and judges, is not influenced by live broadcast; nor do we find evidence that live broadcast affects court decisions. Taken together, our evidence suggests that cameras affect parties, not lawyers and judges; the effects of live broadcasts are nevertheless limited, and unlikely to result in unfair trials.
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Speaker’s profile
John Zhuang Liu is an Associate Professor at the University of Hong Kong. His interests include the role of the courts and judicial behavior, as well as law and development. His work has appeared in a number of top-tier academic journals that specialize in law and in China studies, including Journal of Legal Studies, Journal of Legal Analysis, Journal of Empirical Legal Studies, American Journal of Comparative Law, Journal of Comparative Economics, China Quarterly, and Journal of Contemporary China. He is now developing a structural database of Chinese court decisions in contract cases and criminal cases, aiding scholars who seek to conduct empirical studies of the Chinese legal system. He received a Bachelor of Laws and a Ph.D. in Law from Peking University, as well as an LLM and a JSD from the University of Chicago.
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About the webinar series
In this webinar series, law and economics scholars will present their current research project and also guide the audience through the analytical techniques used in their research. The series aspires not only to be instructive for the entry-level researchers and graduate students, but also to be informative for more established scholars. The time duration is one hour, including a Q&A period.
Asian Law and Economics Association Webinar Series : Analytical Methods in Law and Economics #8
This webinar is intended for junior scholars who are interested in empirical legal studies in corporate law. In this lecture, I will first introduce the development of empirical corporate law studies in the U.S. I will analyze the impact of the seminal “law and finance” research by LLSV (La Porta, Lopez-de-Silanes, Shleifer, and Vishny) and the pioneering study on firm-level governance by GIM (Gompers, Ishii, and Metrick) on later corporate law research to understand the development path of empirical corporate law studies. Then I will use research studies on corporate governance as examples to discuss common research designs for empirical studies and causal inference, such as difference-in-differences, event study, regression discontinuity, and instrumental variable. After this webinar, participants will have a fundamental understanding of basic empirical research designs.
Speaker’s profile
Lauren Yu-Hsin Lin is an Associate Professor at City University of Hong Kong. Her research interests include corporate governance, corporate finance, capital markets, and securities regulation. She employs empirical methods to dissect and understand the effect of different governance rules and regulatory measures on corporations. Her research on Chinese corporations has generated policy impacts leading to rule changes and has been cited by the Delaware Court of Chancery, the U.S. Securities and Exchange Commission (SEC), and the U.S.-China Economic and Security Review Commission (USCC). Her works have appeared in several leading academic journals, such as the Journal of Legal Studies and the Journal of Empirical Legal Studies.
Power and Position: Antitrust Analysis in the Age of Big Tech
4:30 p.m. New Delhi,
6 p.m. Bangkok/Ho Chi Minh City/Jakarta
7 p.m. Beijing/Hong Kong/Kuala Lumpur/Singapore/Taipei,
8 p.m. Seoul/Tokyo,
10 p.m. Canberra
Analytical Methods in Law and Economics #7
Professor Yong Lim, Seoul National University School of Law
CALL FOR PAPERS
Asian Journal of Law and Economics (Special Issue)
Climate Change and Carbon Neutrality: Legal, Economic, and Regulatory Issues
DEADLINE: April 30, 2021
Asian Journal of Law and Economics (AJLE) invites submissions for an upcoming special issue, “Climate Change and Carbon Neutrality: Legal, Economic, and Regulatory Issues.” Accepted papers will be published in a special issue to be published in 2022. The special issue will be handled by the guest editor, Seung-Gyu Sim (Aoyama Gakuin University, Japan).
Please visit https://www.degruyter.com/view/j/ajle for more details.
Professor Bingwan Xiong, Renmin Law School
A simple registration from the URL below is required to receive the Zoom link to this session.
URL: https://jp.surveymonkey.com/r/BPM32J5
Time:
noon Central European Time (CET)
4:30 p.m. New Delhi,
6 p.m. Bangkok/Ho Chi Minh City/Jakarta
7 p.m. Beijing/Hong Kong/Kuala Lumpur/Singapore/Taipei,
8 p.m. Seoul/Tokyo,
10 p.m. Canberra
Bingwan Xiong is associate professor at Renmin Law School, where he teaches Contracts and E-commerce Law. He directs the Center of Platform Governance at Renmin University Institute of Law and Technology. Professor Xiong graduated from Renmin Law School (LL.B., LL.M., and Ph.D.) and Harvard Law School (LL.M.). He has published on a wide range of subjects about private law, law and technology in leading Chinese law journals and peer-reviewed English journals. He is co-editor of the English translation of Chinese Civil Code, which was published by Brill in 2021.
In this webinar series, law and economics scholars will present their current research project and also guide the audience through the analytical techniques used in their research. The series aspires not only to be instructive for the entry-level researchers and graduate students, but also to be informative for more established scholars. The time duration is one hour, including a Q&A period.
Asian Law and Economics Association Conference 2021 (Online)
Asian Law and Economics Association Conference 2021 (Online)
December 11, 2021
Announcement and Call for Papers
The 17th Annual Asian Law and Economics Association (AsLEA) Conference will be held on December 11, 2021 in online format and hosted by Peking University Law School. Those interested in presenting papers are invited to submit their drafts along with a short abstract by November 28, 2021.
We welcome submissions on topics in any areas of Law and Economics, although we encourage submissions dealing with questions that originate from Asia or are relevant to Asia today. Submissions on traditional areas of Law and Economics as well as on new topics are welcome, and we will consider both theoretical and empirical research.
Topics
We will consider any topics in or related to Law and Economics, including but not limited to the following:
Antitrust and Competition – Bankruptcy – Behavioral Law and Economics – Law and Economics of Artificial Intelligence and Big Data – Corporate Law and Corporate Governance – Contract Theory and Contract Law – Crimes and Criminal Law – Environmental Law and Economics – Family Law – Finance, Securities, and Capital Market Regulation – Health and Medical Law – Innovation – Intellectual Property – International Law and International Trade – Labor and Employment Law – Law and Development – Litigation, Dispute Resolution, and Legal Procedure – Mergers and Acquisitions – Political Economy and Public Choice – Privacy and Data Protection – Property Rights and Property Law – Public and Administrative Law – Regulation – Rule of Law and Legal Institutions – Social Welfare and Welfare Policy – Taxation – Tort Law
We also welcome topics related to other fields of Economics, Finance and Law.
Important Dates
Submission of abstracts and draft papers: By November 28, 2021
Invitation sent to confirmed presenters: By December 5, 2021
Invitation sent to other registered participants: By December 9, 2021
Guideline for Submission and Registration
Submissions should be sent, in PDF and/or MS Word format, to the following e-mail address: aslea2021@163.com.
Please include on the first page of your submission the following information: paper title, authors’ names and affiliations, and contact information including an email address for the corresponding author.
If you are interested in publishing your conference paper in the Asian Journal of Law and Economics, please indicate your interest when you make your initial submission.
If you are interested in registering as a non-presenting participant of the online conference, please send an email that includes your name, institutional affiliation, title/position at your institution, and institutional email address to aslea2021@163.com.
General Logistics for the Online Conference
The online conference will be held on the VooV meeting platform. Invited speakers and registered participants will receive additional instructions about downloading and using the free software to join in the conference sessions.
There are no submission or registration fees for the online conference.
Contact Information
Inquiries regarding the conference should be sent to the following e-mail address:
Asian Law and Economics Association Webinar Series
Professor OTA Shozo, Meiji University School of Law
Traditional legal studies were not scientific enough in methodology. In order to provide appropriate solutions to social and economic issues, it is necessary to make legal methodologies more scientific and convincing. In this lecture, I will explain how to incorporate the latest methodologies of the other social and natural sciences into legal research, using the following examples: (1) an empirical study on the “lawyers’ quality of civil legal practice,” where more than 100 experienced lawyers cooperated in evaluating real court documents, (2) randomized controlled comparison of people’s attitude toward AI-Court, where internet surveys were conducted with experimental research design, and (3) a brain-scientific study on “legal mind” using fMRI on legal experts and laypersons with cooperation by neuro-politics, brain-science, socio-legal, and criminal law scholars.
Shozo Ota is a professor at Meiji University School of Law and an emeritus professor at the University of Tokyo. He is a pioneer in interdisciplinary legal research in Japan, and he worked with scientists in other fields, such as computer science, neuro-politics, and brain science, and served as the head of the Advanced Interdisciplinary Research Center at the University of Tokyo. His research interests include law and economics, law and society, and empirical legal studies, and he has published papers in internationally recognized journals. He has been a visiting professor or scholar at UC Berkeley, Columbia, and Michigan.
In this webinar series, law and economics scholars will present their current research project and also guide the audience through the analytical techniques used in their research. The series aspires not only to be instructive for the entry-level researchers and graduate students, but also to be informative for more established scholars. The time duration is one hour, including a Q&A period.
Asian Law and Economics Association Webinar Series
Professor Sangchul Park, Seoul National University School of Law
About the webinar series
In this webinar series, law and economics scholars will present their current research project and also guide the audience through the analytical techniques used in their research. The series aspires not only to be instructive for the entry-level researchers and graduate students, but also to be informative for more established scholars. The time duration is one hour, including a Q&A period.
Asian Journal of Law and Economics
CALL FOR PAPERS
Special Issue
“Big Tech” Platforms:
Legal, Economic, and Regulatory Issues
DEADLINE: October 30, 2021
Asian Journal of Law and Economics (AJLE) invites submissions for an upcoming special issue “‘Big Tech’ Platforms: Legal, Economic, and Regulatory Issues.” Accepted papers will be published in a special issue to be published in 2022.
Topics that AJLE would consider include the following.
- Defining characteristics of Big Tech businesses, which may or may not warrant special scrutiny;
- Significance of artificial intelligence and other technological tools for Big Tech businesses;
- Significance of data for Big Tech businesses;
- Regulatory issues related to the platform business model;
- Economic role of cloud computing for Big Tech businesses;
- Regulatory issues related to trans-border data flows and storage;
- Regulatory issues related to “gig-economy” workers, in particular, employment and labor law;
- Regulatory issues related to technology companies’ data privacy;
- Debates related to the claims of algorithmic transparency;
- Newly emerging antitrust and competition law issues;
- Policy issues between protecting incumbents’ interests and promoting disruptive innovations;
- Regulatory competence: broad-based regulation vs. sector-specific regulation;
- Institutional design and process of regulatory mechanisms involving Big Tech;
- Challenges for regional and national Big Tech companies, in Asia and other parts of the worlds; and
- Analyses of current statutory and regulatory proposals in Asia and around the world, such as the EU’s Digital Services Act (DSA), Digital Markets Act (DMA), Data Governance Act (DGA), Artificial Intelligence Act (AIA);
For more information, please refer to the full Call for Papers.
Analytical Methods in Law and Economics #3
URL: https://forms.gle/wDDe5WEWM3gErNH96
Time:
4:30 p.m. New Delhi,
6 p.m. Bangkok/Ho Chi Minh City/Jakarta
7 p.m. Beijing/Hong Kong/Kuala Lumpur/Singapore/Taipei,
8 p.m. Seoul/Tokyo,
9 p.m. Canberra
An Introduction to the Concept of Efficiency in Law and Economics
Professor Yun-chien Chang, Research Professor & Director of Center for Empirical Legal Studies Institutum Iurisprudentiae, Academia Sinica, Taiwan.
This webinar is intended as a methodological primer for beginners in law and economics, but seasoned experts may also find the explanations novel. Efficiency, along with cost and benefit, is the most often used concept in law and economics. What does it mean? What are the relationships between Pareto, Kaldor-Hicks, allocative, and productive efficiency? Is efficiency coterminous with cost-benefit analysis? In different legal fields, such as contract, torts, (intellectual) property, civil procedure, business organization, etc., is efficiency operationalized in the same way? If willingness to pay is the part and parcel of efficiency analysis, how could legal scholars claim anything about efficiency without surveying everyone and asking them hypothetical questions (and assuming that people give honest and accurate answers!)? When and how should transaction cost be part of the analysis? This webinar will untangle these fundamental questions and give a step-by-step thinking module of how to conduct efficiency analysis.
About the webinar series
In this webinar series, law and economics scholars will present their current research project and also guide the audience through the analytical techniques used in their research. The series aspires not only to be instructive for the entry-level researchers and graduate students, but also to be informative for more established scholars. The time duration is one hour, including a Q&A period.
Asian Journal of Law and Economics
CALL FOR PAPERS
Special Issue
Legal, Economic, and Regulatory Issues
DEADLINE: October 30, 2021
Asian Journal of Law and Economics (AJLE) invites submissions for an upcoming special issue “‘Big Tech’ Platforms: Legal, Economic, and Regulatory Issues.” Accepted papers will be published in a special issue to be published in 2022.
Topics that AJLE would consider include the following.
- Defining characteristics of Big Tech businesses, which may or may not warrant special scrutiny;
- Significance of artificial intelligence and other technological tools for Big Tech businesses;
- Significance of data for Big Tech businesses;
- Regulatory issues related to the platform business model;
- Economic role of cloud computing for Big Tech businesses;
- Regulatory issues related to trans-border data flows and storage;
- Regulatory issues related to “gig-economy” workers, in particular, employment and labor law;
- Regulatory issues related to technology companies’ data privacy;
- Debates related to the claims of algorithmic transparency;
- Newly emerging antitrust and competition law issues;
- Policy issues between protecting incumbents’ interests and promoting disruptive innovations;
- Regulatory competence: broad-based regulation vs. sector-specific regulation;
- Institutional design and process of regulatory mechanisms involving Big Tech;
- Challenges for regional and national Big Tech companies, in Asia and other parts of the worlds; and
- Analyses of current statutory and regulatory proposals in Asia and around the world, such as the EU’s Digital Services Act (DSA), Digital Markets Act (DMA), Data Governance Act (DGA), Artificial Intelligence Act (AIA);
For more information, please refer to the full Call for Papers.
Asian Law and Economics Association Webinar Series
Analytical Methods in Law and Economics #2
A simple registration from the URL below is required to receive the Zoom link to this session. This is separate from registration to the July session or mailing list (Registration is required for each session).
URL: https://forms.gle/MzgQyYt1FL2C8jh1A
Date: Aug 18, 2021 (Wed.)
Time:
4:30 p.m. New Delhi,
6 p.m. Bangkok/Ho Chi Minh City/Jakarta
7 p.m. Beijing/Hong Kong/Kuala Lumpur/Singapore/Taipei,
8 p.m. Seoul/Tokyo,
9 p.m. Canberra
“Mandatory Bids in China: You Can Lead a Horse to Water, But You Can’t Make It Drink”
European Business Organization Law Review (2021) 22:351?394
Professor Wei Zhang, Singapore Management University Yong Pung How School of Law
Summary
The mandatory bid rule is prevalent across jurisdictions of both civil law and common law traditions. Yet empirical evidence about its functioning is rare. This paper studies mandatory bids in China against an institutional backdrop of restrictive IPO requisites. We find that virtually no shares held by external shareholders are tendered in mandatory bids for all the remaining shares. Mandatory bidders’ tactics to avoid tendering by public investors include pressing down their bid prices, and potential manipulation of target stock prices. In relation to economic impacts of mandatory bids, we document that market responds favourably to their announcements, and that targets’ operational performance improves in their wake, consistent with the theoretical prediction that mandatory bids induce efficient transfers of corporate control. Our research is among the earliest empirical works on the mandatory bid rule in a particular jurisdiction. It not only yields interesting results pertaining to the unique Chinese regulatory environment, but also generates useful insights about mandatory bids beyond China.
Zhang Wei is an Associate Professor and the Associate Dean of the Yong Pung How School of Law at the Singapore Management University. He received his basic law degree from Fudan University, his Masters in Laws degrees from Waseda University and Harvard Law School. He earned his Ph.D. in Jurisprudence and Social Policy from UC Berkeley. His main research areas include corporate and securities law, property law and Chinese law. He has published widely on these topics in both English and Chinese.
About the webinar series
In this webinar series, law and economics scholars will present their current research project and also guide the audience through the analytical techniques used in their research. The series aspires not only to be instructive for the entry-level researchers and graduate students, but also to be informative for more established scholars. The time duration is one hour, including a Q&A period.
Tentative dates for 2021 are as follows:
Sep 15 // Oct 20 // Nov 17 (3rd Wednesday of every month).
Asian Law & Econ Association Webinar – Albert Choi
Asian Law and Economics Association is launching a webinar series! Please see below for details.
Asian Law and Economics Association Webinar Series
Analytical Methods in Law and Economics #1
Wed., July 21, 2021
4 pm New Delhi // 6 pm Bangkok
7 pm Beijing/Hong Kong/Kuala Lumpur/Singapore/Taipei
8 pm Seoul/Tokyo // 9 pm Canberra
“Initial Public Offering and Optimal Corporate Governance”
Professor Albert H. Choi, University of Michigan Law School
Summary
This project examines the long-standing debate over whether firms have a market-based incentive to adopt the optimal governance structure at the initial public offering (IPO). Various scholars and practitioners have argued that firms (with the founders) have an incentive to adopt the optimal corporate governance structure at the IPO, while others have empirically challenged such assertions. The project attempts to bridge this gap with the help of a simple game theory and examines the conditions under which firms may adopt suboptimal governance features at IPO.
Professor Choi received a J.D. from Yale Law School and a Ph.D. in economics from MIT. He is a Co-Editor of American Law and Economics Review. His research and teaching interests include corporate law, contract law, corporate finance, mergers and acquisitions, and law and economics. He has published numerous papers in leading journals, such as the Yale Law Journal, American Economic Review, Journal of Law and Economics, and Journal of Legal Studies.
Registration
If you would like to participate, please access the URL below and register. We will send a Zoom link to the registered email address.
URL: https://forms.gle/wDvoUw1G4SZfHZPFA
About the webinar series
In this webinar series, law and economics scholars will present their current research project and also guide the audience through the analytical techniques used in their research. The series aspires not only to be instructive for the entry-level researchers and graduate students, but also to be informative for more established scholars. The time duration is one hour, including a Q&A period.
Tentative dates for 2021 (to be finalized and announced separately) are as follows:
Aug 18 // Sep 15 // Oct 20 // Nov 17 (3rd Wednesday of every month).
Dear members of the Law and Economics community in Asia and beyond,
I’m writing this post to deliver an excellent piece of news for the Asian Law and Economics Association as well as for the Law and Economics community in general. It has just been determined that the Asian Journal of Law and Economics will be listed on Scopus! It was made possible owing to the hard and diligent work of Professor Jeong-Yoo Kim, Editor-in-Chief. Kudos to Jeong-Yoo!! Set forth below is the message from the Scopus team. Please visit the Journal homepage and peruse what has been published. Please spread the news, and encourage submissions!
Journal URL: https://www.degruyter.com/journal/key/AJLE/html
Best regards,
Haksoo Ko
President, Asian Law and Economics Association
Professor, Seoul National University School of Law
____________________________________________________
ISSN / E-ISSN: / 2154-4611
Publisher: Walter de Gruyter
Dear Prof. Jeong-Yoo Kim,
The title mentioned above has been evaluated for inclusion in Scopus by the Content Selection & Advisory Board (CSAB). The review of this title is now complete and the CSAB has advised that the title will be accepted for inclusion in Scopus. In general, all recently accepted titles will be listed separately in the Scopus Title list within 1 month after acceptance, see the second tab ‘Accepted titles’. If you can’t find your title there, please check the tab ‘Scopus sources’. Our Source Collection Management department will contact the publisher of this title within the next three months to initiate the indexing process for Scopus. A content coverage agreement needs to be in place before we can start adding the content to Scopus.com. If you are the publisher, please do not send us your content yet unless requested by our Source Collection Management department.the Yours sincerely,
Scopus Title Evaluation Support
The organiser,
Dennis W. K. Khong
.
2020 AsLEA Conference
2020 Annual Conference of Asian Law and Economics Association (AsLEA) will be held as a virtual conference.
Call for Papers is available [here].
Important information:
– Conference dates: December 12 & 13, 2020
– Due date for submission: October 1, 2020
– Submission e-mail: wkkhong@staff.mmu.edu.my
– Organiser: Assoc. Prof. Dr. Dennis Khong, Faculty of Law, Multimedia University, Malaysia
Note from the Asian Journal of Law and Economics:
“If you are interested in publishing your conference paper in the Asian Journal of Law and Economics, please indicate your interest when you make your initial submission or send the full paper directly to Editor Jeong-Yoo Kim at jyookim@gmail.com. The Asian Journal of Law and Economics is considering issuing a special issue from the conference proceedings and will welcome submissions”
2020 Annual Conference – a Virtual Conference
2020 annual conference will be held as a virtual conference, on or around December 12, 2020. Our colleagues at Multimedia University, Malaysia (in particular, Professor Dennis Khong) will be hosting the conference. Call for Paper will soon be circulated.
Separately, Ocean University of China, in Qingdao, China, will host the annual conference in 2021. Ocean University of China was originally determined to host the 2020 conference but, in consideration of the circumstances owing to the Covid-19 pandemic, its role was postponed to 2021. Dates of the conference will later be determined and announced.
New Institutional Member
AsLEA welcomes a new institutional member! In July 2020, it was determined that University of Economics and Law (UEL) – Vietnam National University in Ho Chi Minh City, Vietnam, will join AsLEA. As an institutional member, UEL will actively participate in AsLEA’s activities and is expected to host AsLEA’s annual conference in 2023. Institutional membership is a new category of AsLEA’s membership, and a new institutional member is expected to participate in AsLEA’s activities in an active manner and to host an annual conference within a few years upon joining AsLEA.
Asian Journal of Law and Economics
CALL FOR PAPERS
Special Issue
Coping with COVID-19:
Legal, Economic, and Policy Perspectives
DEADLINE: October 15, 2020
Asian Journal of Law and Economics (AJLE) invites submissions for an upcoming special issue “Coping with COVID-19: Legal, Economic, and Policy Perspectives.” Accepted papers will be published in the December 2020 issue.
Topics that AJLE would consider include the following:
- How to improve legal, economic and regulatory systems to prevent and control the spread of SARS-CoV-2 more effectively;
- How to address legal and economic problems involving the use of digital tools for contact tracing, quarantine monitoring, transmission mapping, computational modeling, and other public health activities;
- How to deal with privacy, liberty, ethics, and other human rights challenges when tracing contacts, releasing patients’ demographic information, implementing social distancing, mounting aggressive measures such as lockdown or roadblock, or engaging in other public health activities;
- How to allocate vaccines, personal protective equipment, and other medical resources, internationally and domestically;
- How to deal with trade-offs among various legal, economic, public health, and ethical values;
- How to incorporate fairness considerations in dealing with COVID-19;
- How to (re)structure public health systems in order to deal with COVID-19;
- How to address disparities in testing, treatment, and fatality for populations at risk; and
- How to address the digital divide (the disparity of access to information devices necessary for distance learning, telework, and e-commerce).
For more details, please refer to the Call for Papers, in the pdf format.
2020 AsLEA Conference Postponed!