usclaw - USC Gould School of Law - University of Southern California
usclaw - USC Gould School of Law - University of Southern California
usclaw - USC Gould School of Law - University of Southern California
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with economic analysis <strong>of</strong> organizational<br />
b e h a v i o r, behavioral economics promises to<br />
c reate a more sophisticated, realistic and parsimonious<br />
account <strong>of</strong> organizational behavior.<br />
The consequences for law are <strong>of</strong> equal importance,<br />
since the prudent design <strong>of</strong> legal ru l e s<br />
turns critically on making accurate pre d i c t i o n s<br />
about how individuals and organizations<br />
respond to their enviro n m e n t .<br />
An Intellectual Advanta g e<br />
C L E O ’s goal — and challenge — is to integrate<br />
the <strong>Law</strong> <strong>School</strong>’s traditional role as a<br />
locus <strong>of</strong> interd i s c i p l i n a ry scholarship with<br />
these emerging and increasingly eclectic<br />
accounts <strong>of</strong> organizational behavior being<br />
d e veloped in the academic circles <strong>of</strong> law, business,<br />
psychology and economics.<br />
Because <strong>USC</strong> has such strong programs in<br />
all <strong>of</strong> these areas, CLEO already has an intellectual<br />
advantage. In addition, the <strong>Law</strong><br />
S c h o o l’s long-standing commitment to interd<br />
i s c i p l i n a ry scholarship and its own faculty<br />
e x p e rtise in business law and economics — six<br />
<strong>of</strong> the school’s faculty members hold graduate<br />
d e g rees in economics and many others<br />
f requently conduct re s e a rch within the fie l d<br />
— provide a solid basis upon which to build<br />
this important new center.<br />
Indeed, CLEO already has met tre m e n-<br />
dous success. Last summer, the center<br />
s p o n s o red a multi-departmental faculty workshop<br />
involving pr<strong>of</strong>essors from the <strong>Law</strong><br />
<strong>School</strong>, the Marshall <strong>School</strong>, the Leve n t h a l<br />
<strong>School</strong> <strong>of</strong> Accounting and the departments <strong>of</strong><br />
economics, psychology and international re l a-<br />
tions. T h roughout the school ye a r, CLEO<br />
sponsors weekly faculty workshops at the <strong>Law</strong><br />
<strong>School</strong> that draw faculty and graduate<br />
students from across the unive r s i t y. The center<br />
has already organized two major confere n c e s ,<br />
one on corporate law and another on behavioral<br />
economics, and its working paper series<br />
has given scholars in a range <strong>of</strong> disciplines the<br />
o p p o rtunity to gather insight, criticisms and<br />
advice from their colleagues.<br />
As it provides new avenues for collaborat<br />
i ve re s e a rch among faculty, CLEO is also<br />
Olin Grants Enable Students, Recent Grads to Study with <strong>USC</strong> Experts<br />
Since 1992, the John M. Olin Foundation has supported law and economics programs, scholarships and fellowships at <strong>USC</strong>. Under the<br />
direction <strong>of</strong> the Center for <strong>Law</strong>, Economics and Organization, Olin fellowships and scholarships will continue to be awarded to students and<br />
recent graduates whose academic interests focus on the relationship between law and economics.<br />
Kathryn M. Zeiler, a third-year law student who is concurrently pursuing a doctorate in economics at <strong>California</strong><br />
Institute <strong>of</strong> Te ch n o l o g y, has received two Olin summer fellowships. Ms. Zeiler — a certified public accountant — is<br />
studying how the law affects contracting between health care organizations and physicians. When she completes<br />
her Ph.D. in 2003, she hopes to teach economics, law or health care policy.<br />
“ U SC is a great place for economics because a large portion <strong>of</strong> the law faculty have joint degrees,” she says,<br />
noting that CLEO <strong>of</strong>fers exciting research opportunities for students who are interested in law and economics. “<strong>USC</strong><br />
also has been really good about designing a unique program for me. I’ve been able to take several courses on<br />
law and economics, a class on health law and tax courses that have helped me tailor my studies.”<br />
Laura A. Noroski, Navid Soleymani and Stacie D. Yee are the 2000-01 Olin Scholars. Ms. Noroski, a fir s t - y e a r<br />
Kathryn Zeiler, Laura Noroski<br />
student, holds an undergraduate degree in economics from UCLA. She will work for a federal bankruptcy judge this<br />
s u m m e r. Mr. Soleymani, a third-year student, holds an undergraduate degree in business-economics from UCL A .<br />
He will clerk for Judge David R. Thompson <strong>of</strong> the U.S. 9th Circuit Court <strong>of</strong> Appeals after graduation. Ms. Yee, a second-year student,<br />
holds a bachelor’s degree in government from Claremont McKenna College and has externed for Justice Earl Johnson, Jr. <strong>of</strong> the <strong>California</strong><br />
m i n d<br />
Court <strong>of</strong> Appeal.<br />
CLEO also provides fellowship support for graduate students interested in studying with <strong>USC</strong> faculty mentors in preparation for teach i n g<br />
careers. Two Olin fellows-in-residence studied at <strong>USC</strong> during summer 2000. Eric R. Claeys ’94, the Bigelow Te a ching Fellow and a law<br />
lecturer at the <strong>University</strong> <strong>of</strong> Chicago <strong>Law</strong> <strong>School</strong>, clerked for Chief Justice William H. Rehnquist <strong>of</strong> the U.S. Supreme Court after graduating<br />
from <strong>USC</strong> and was later an associate with Kirkland & Ellis in Washington, D.C. Chris Harrison is a recent graduate <strong>of</strong> New York <strong>University</strong><br />
S chool <strong>of</strong> <strong>Law</strong> who studies psych o l o g y, economics and corporate issues. After a clerkship with the Delaware Chancery Court next year,<br />
he plans to begin a career teaching law.<br />
2 2 <strong>USC</strong>LAW s p r i n g 2001