Digital Television and the Quid Pro Quo
Thomas Hazlett, Matthew Spitzer
The recent zero-priced award of $11-70 billion in digital TV (DTV) licenses by the federal government occurred when auctions had been initiated for non-broadcast licenses and when the seven...
Endowment Effects Within Corporate Agency Relationships
Jennifer Arlen, Matthew Spitzer, Eric Talley
Behavioral Law and Economics has become an increasingly prominent field within legal scholarship, and most recently within the corporate area. A behavioral bias of particular relevance in corporate...
Endowment Effects within Corporate Agency Relationships.
Arlen, Jennifer, Spitzer, Matthew, Talley, Eric
Behavioral economics is an increasingly prominent field within corporate law scholarship. A particularly noteworthy behavioral bias is the "endowment effect"--the observed differential between an...