Kathryn E. Spier

Harvard University - Law School - Faculty

Professor

1575 Massachusetts

Hauser 302

Cambridge, MA 02138

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

  • Harvard University - Law School - Faculty

    • Email
    • Tel: (617) 496-0019
SCHOLARLY PAPERS

38

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96

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124

Scholarly Papers (38)

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1.

What Courses Should Law Students Take? Harvard's Largest Employers Weigh In

HLS Program on the Legal Profession Research Paper No. 2014-12, Harvard Public Law Working Paper No. 14-20
Number of pages: 25 Posted: 20 Feb 2014 Last Revised: 23 Nov 2014
John C. Coates IV, Jesse M. Fried and Kathryn E. Spier
Harvard Law School, Harvard Law School and Harvard University - Law School - Faculty
Downloads 8,085 (1,048)
Citation 1

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legal education, accounting, finance, law firms, legal practice, corporate finance, legal profession

2.

Divide and Conquer

U of Chicago Law & Economics, Olin Working Paper No. 467, Harvard Public Law Working Paper No. 09-24, Harvard Law and Economics Discussion Paper No. 639
Number of pages: 45 Posted: 05 Jun 2009 Last Revised: 17 Jun 2010
Eric A. Posner, Kathryn E. Spier and Adrian Vermeule
University of Chicago - Law School, Harvard University - Law School - Faculty and Harvard Law School
Downloads 1,103 (27,653)
Citation 4

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3.

Taking a Financial Position in Your Opponent in Litigation

108:12 American Economic Review 3626 (2018)
Number of pages: 39 Posted: 17 Feb 2016 Last Revised: 08 Jun 2021
Albert H. Choi and Kathryn E. Spier
University of Michigan Law School and Harvard University - Law School - Faculty
Downloads 1,045 (29,829)
Citation 1

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4.

Naked Exclusion: An Experimental Study of Contracts with Externalities

Downloads 1,030 ( 30,438)
Citation 23

Naked Exclusion: An Experimental Study of Contracts with Externalities

American Economic Review, Forthcoming, Harvard Law and Economics Discussion Paper No. 604, 3rd Annual Conference on Empirical Legal Studies Papers
Number of pages: 46 Posted: 28 Dec 2009
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 850 (39,341)
Citation 2

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Bargaining with Externalities, Contracting with Externalities, Experiments, Exclusive Dealing, Antitrust, Discrimination, Endogenous Payoffs, Communication, Coordination Games, Equilibrium Selection

Naked Exclusion: An Experimental Study of Contracts with Externalities

NBER Working Paper No. w14115
Number of pages: 46 Posted: 22 Jun 2008 Last Revised: 26 Jan 2022
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 180 (229,504)
Citation 2

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5.

Should Consumers Be Permitted to Waive Products Liability? Product Safety, Private Contracts, and Adverse Selection

30:4 Journal of Law, Economics, and Organization 734 (2014), Virginia Law and Economics Research Paper No. 2010-11, Harvard Law and Economics Discussion Paper No. 680
Number of pages: 42 Posted: 23 Sep 2010 Last Revised: 08 Jun 2021
Albert H. Choi and Kathryn E. Spier
University of Michigan Law School and Harvard University - Law School - Faculty
Downloads 879 (38,055)
Citation 8

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6.

Shotguns and Deadlocks

Yale Journal on Regulation, Forthcoming
Number of pages: 46 Posted: 02 May 2013 Last Revised: 15 Aug 2013
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 836 (40,813)
Citation 4

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Judicial Resolution of Business Deadlocks, General Partnerships, Limited Liability Companies, Closely-Held Business Entities, Shotgun Provisions, Buy-Sell Clauses, Cake-Cutting Mechanisms, Bargaining with Common Values, Asymmetric Information, Experiments

7.

Trigger Happy or Gun Shy? Dissolving Common-Value Partnerships with Texas Shootouts

Downloads 787 ( 44,268)
Citation 4

Trigger Happy or Gun Shy? Dissolving Common-Value Partnerships with Texas Shootouts

Harvard Law and Economics Discussion Paper No. 630
Number of pages: 59 Posted: 17 Apr 2009
Richard R. W. Brooks, Claudia M. Landeo and Kathryn E. Spier
New York University School of Law, University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 543 (70,719)
Citation 2

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Exit Mechanisms for Joint Ownership Ventures, Texas Shootout Clauses, Buy-Sell Mechanisms, Shotgun Provisions, Russian Roulette Agreements, Put-Call Options, Cake-Cutting Rule, Bargaining with Common Values, Experiments, Ultimatum Exchange Environments with Endogenous Offer Types

Trigger Happy or Gun Shy: Dissolving Common-Value Partnerships with Texas Shootouts

Harvard Public Law Working Paper No. 09-41, CELS 2009 4th Annual Conference on Empirical Legal Studies Paper
Number of pages: 60 Posted: 10 Jul 2009 Last Revised: 09 Sep 2011
Richard R. W. Brooks, Claudia M. Landeo and Kathryn E. Spier
New York University School of Law, University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 244 (172,910)
Citation 6

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Exit Mechanisms for Joint Ownership Ventures, Texas Shootout Clauses, Buy-Sell Mechanisms, Shotgun Provisions, Russian Roulette Agreements, Put-Call Options, Cake-Cutting Rule, Bargaining with Common Values, Experiments, Ultimatum Exchange Environments with Endogenous Offer Types

Trigger Happy or Gun Shy: Dissolving Common-Value Partnerships with Texas Shootouts

RAND Journal of Economics, Vol. 41, pp. 649-673, 2010
Posted: 09 Sep 2011 Last Revised: 10 Sep 2011
Richard R. W. Brooks, Claudia M. Landeo and Kathryn E. Spier
New York University School of Law, University of Alberta - Department of Economics and Harvard University - Law School - Faculty

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Exit Mechanisms for Joint Ownership Ventures, Texas Shootout Clauses, Buy-Sell Mechanisms, Shotgun Provisions, Russian Roulette Agreements, Put-Call Options, Cake-Cutting Rule, Bargaining with Common Values, Experiments, Ultimatum Exchange Environments with Endogenous Offer Categories

8.

Class Actions and Private Antitrust Litigation

American Economic Journal: Microeconomics, Forthcoming, U of Michigan Law & Econ Research Paper No. 20-021
Number of pages: 53 Posted: 28 Sep 2020 Last Revised: 01 Oct 2020
Albert H. Choi and Kathryn E. Spier
University of Michigan Law School and Harvard University - Law School - Faculty
Downloads 659 (55,978)

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Antitrust Lawsuits, Class Actions, Class Action Waivers

9.

Irreconcilable Differences: Judicial Resolution of Business Deadlock

University of Chicago Law Review, Forthcoming
Number of pages: 36 Posted: 21 Jun 2013
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 604 (62,522)
Citation 1

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judicial resolution of business deadlocks, general partnerships, limited liability companies, closely-held business entities, Shotgun provisions, buy-sell clauses, cake-cutting mechanisms, auctions, bargaining with common values, asymmetric information, experiments

10.

A Comprehensive Theory of Civil Settlement

NYU Law Review, Vol. 91, pp. 59-143 (April 2016)
Number of pages: 85 Posted: 19 Jul 2015 Last Revised: 16 May 2016
J.J. Prescott and Kathryn E. Spier
University of Michigan Law School and Harvard University - Law School - Faculty
Downloads 500 (79,196)
Citation 2

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Settlement, Pretrial Bargaining,Trial, Litigation, High-Low Agreements, Partial Settlement, Contracts, Summary Jury Trial

11.

Trial and Settlement: A Study of High-Low Agreements

Downloads 478 ( 83,593)
Citation 9

Trial and Settlement: A Study of High-Low Agreements

Journal of Law and Economics, Vol. 57, No. 3, August 2014 , U of Michigan Law & Econ, Empirical Legal Studies Center Paper No. 10-022, U of Michigan Public Law Working Paper No. 217
Number of pages: 48 Posted: 14 Sep 2010 Last Revised: 14 Dec 2015
J.J. Prescott, Kathryn E. Spier and Albert Yoon
University of Michigan Law School, Harvard University - Law School - Faculty and University of Toronto - Faculty of Law
Downloads 468 (85,008)

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High-Low agreements, settlement, contracts, civil litigation, trial, arbitration, reserve accounts, insurance industry

Trial and Settlement: A Study of High-Low Agreements

NBER Working Paper No. w19873
Number of pages: 48 Posted: 10 Mar 2014 Last Revised: 21 Apr 2022
J.J. Prescott, Kathryn E. Spier and Albert Yoon
University of Michigan Law School, Harvard University - Law School - Faculty and University of Toronto - Faculty of Law
Downloads 10 (807,881)
Citation 2

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12.

Trigger Happy or Gun Shy? Dissolving Common-Value Partnerships with Texas Shootouts

Yale Law & Economics Research Paper No. 298; Northwestern Law & Econ Research Paper No. 04-11
Number of pages: 28 Posted: 14 Jun 2004
Richard R. W. Brooks and Kathryn E. Spier
New York University School of Law and Harvard University - Law School - Faculty
Downloads 453 (89,092)
Citation 10

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Partnerships, breakup, buy-sell provisions, Texas shootout, common values, bargaining failure

13.

Incentive Contracts for Teams: Experimental Evidence

Journal of Economic Behavior and Organization, Forthcoming
Number of pages: 69 Posted: 29 May 2014 Last Revised: 10 Sep 2015
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 348 (120,379)
Citation 2

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Teams, Effort Complementarity, Principal -- Multi-Agent Framework, Moral Hazard in Teams, Team Cooperation, Prisoner's Dilemma, Stag-Hunt Games, Infinitely-Repeated Games, Communication, Reciprocity, Experiments

14.

The Economics of Class Action Waivers

38 Yale Journal on Regulation 543 (2021), U of Michigan Law & Econ Research Paper No. 20-020
Number of pages: 23 Posted: 04 Aug 2020 Last Revised: 11 Mar 2021
Albert H. Choi and Kathryn E. Spier
University of Michigan Law School and Harvard University - Law School - Faculty
Downloads 331 (127,166)

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class actions, class action waivers, mandatory individual arbitration clause

15.

The Use of 'Most-Favored-Nation' Clauses in Settlement of Litigation

Downloads 308 (137,145)

The Use of 'Most-Favored-Nation' Clauses in Settlement of Litigation

Number of pages: 47 Posted: 05 Nov 2001
Kathryn E. Spier
Harvard University - Law School - Faculty
Downloads 308 (136,455)
Citation 1

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The Use of 'Most-Favored-Nation' Clauses in Settlement of Litigation

Posted: 26 Feb 2003
Kathryn E. Spier
Harvard University - Law School - Faculty

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16.

Optimal Law Enforcement with Ordered Leniency

Downloads 283 (149,757)
Citation 2

Optimal Law Enforcement with Ordered Leniency

Harvard Public Law Working Paper No. 18-20
Number of pages: 51 Posted: 10 Apr 2018 Last Revised: 17 Sep 2018
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 253 (166,978)

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Law Enforcement, Ordered Leniency, Self-Reporting, Leniency, Harmful Externalities, Non-Cooperative Games, Prisoners' Dilemma Game, Coordination Game, Risk Dominance, Pareto Dominance, Corporate Misconduct, White-Collar Crime, Insider Trading, Plea Bargaining, Whistleblowers, Tax Evasion

Optimal Law Enforcement with Ordered Leniency

NBER Working Paper No. w25095
Number of pages: 52 Posted: 01 Oct 2018 Last Revised: 26 Jan 2022
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 23 (691,106)
Citation 2

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Optimal Law Enforcement with Ordered Leniency

The Journal of Law and Economics, Forthcoming
Number of pages: 41 Posted: 15 Aug 2019
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 7 (838,651)

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Law Enforcement, Ordered Leniency, Self-Reporting, Leniency, Harmful Externalities, Non-Cooperative Games, Prisoners' Dilemma Game, Coordination Game, Risk Dominance, Pareto Dominance, Corporate Misconduct, White-Collar Crime, Insider Trading, Plea Bargaining, Whistleblowers, Tax Policy Enforcement

17.

Contracting on Litigation

RAND Journal of Economics, Vol. 50, No. 2, 2019, U of Michigan Law & Econ Research Paper No. 16-009
Number of pages: 47 Posted: 16 Apr 2016 Last Revised: 23 May 2019
Kathryn E. Spier and J.J. Prescott
Harvard University - Law School - Faculty and University of Michigan Law School
Downloads 264 (160,636)
Citation 37

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Litigation; Settlement; Pretrial Bargaining; High-Low Agreements; Contingent Fees, Litigation Finance; Litigation Funding; Insurance; Heterogeneous Beliefs; Belief-Neutral Welfare Criterion; Non-Common Priors

18.

Product Safety, Buybacks and the Post-Sale Duty to Warn

Harvard Law and Economics Discussion Paper No. 597
Number of pages: 33 Posted: 09 Nov 2007 Last Revised: 06 Sep 2009
Kathryn E. Spier
Harvard University - Law School - Faculty
Downloads 257 (165,008)
Citation 3

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19.

Liability for Non-Disclosure in Equity Financing

U of Michigan Law & Econ Research Paper No. 22-007, U of Michigan Public Law Research Paper No. 22-007
Number of pages: 50 Posted: 16 Mar 2022 Last Revised: 09 May 2022
Albert H. Choi and Kathryn E. Spier
University of Michigan Law School and Harvard University - Law School - Faculty
Downloads 235 (180,645)

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Equity Financing, IPO Liability, Non-Disclosure, Securities Litigation, Liability Waiver, Class Action Waiver

20.

Exclusive Dealing and Market Foreclosure: Further Experimental Results

Journal of Institutional and Theoretical Economics, Forthcoming
Number of pages: 27 Posted: 10 Sep 2011
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 229 (184,375)
Citation 2

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Exclusive Dealing, Coordination Games, Experiments, Contracting with Externalities, Bargaining with Externalities, Social Preferences, Reciprocity, Intentionality, Regard for Others, Social Proximity, Antitrust

21.

Incentives to Invest in Litigation and the Superiority of the Class Action

Forthcoming, Journal of Legal Analysis, Harvard Public Law Working Paper No. 11-28
Number of pages: 61 Posted: 27 Oct 2011 Last Revised: 12 Dec 2014
David Rosenberg and Kathryn E. Spier
Harvard Law School and Harvard University - Law School - Faculty
Downloads 205 (204,526)
Citation 2

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Class Actions, Civil Litigation, Liability, Torts

22.

Bundling and Firm Reputation

Harvard Law and Economics Discussion Paper No. 649, Harvard Public Law Working Paper No. 09-60
Number of pages: 47 Posted: 01 Oct 2009 Last Revised: 19 Oct 2009
Kathryn E. Spier and James D. Dana
Harvard University - Law School - Faculty and Northeastern University - Department of Economics
Downloads 198 (211,045)

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experience goods, product quality, reputation

23.

Exploiting Plaintiffs Through Settlement: Divide and Conquer

Harvard Law and Economics Discussion Paper No. 591
Number of pages: 24 Posted: 19 Oct 2007 Last Revised: 18 Dec 2007
Yeon-Koo Che and Kathryn E. Spier
Columbia University and Harvard University - Law School - Faculty
Downloads 197 (212,012)
Citation 5

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litigation, settlement, class actions, bargaining, divide and conquer, contracting with externalities

24.

Shotgun Mechanisms for Common-Value Partnerships: The Unassigned-Offeror Problem

Economics Letters, Forthcoming
Number of pages: 31 Posted: 21 Jun 2013 Last Revised: 20 Sep 2013
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 191 (217,906)

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Business Deadlock, Shotgun Mechanisms, Asymmetric Information, Experiments

25.

Product Safety, Contracts, and Liability

Harvard Public Law Working Paper No. 18-36, RAND Journal of Economics, Forthcoming
Number of pages: 47 Posted: 24 Jun 2018 Last Revised: 06 Aug 2019
Xinyu Hua and Kathryn E. Spier
Hong Kong University of Science & Technology (HKUST) - Department of Economics and Harvard University - Law School - Faculty
Downloads 165 (246,973)
Citation 6

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contracts, product safety, liability, quality, warranty, mechanism design

26.

Stipulated Damages as a Rent-Extraction Mechanism: Experimental Evidence

Journal of Institutional and Theoretical Economics, Forthcoming
Number of pages: 47 Posted: 19 Jul 2012 Last Revised: 12 Sep 2015
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 152 (264,306)

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Stipulated Damages; Rent Extraction; Market Foreclosure; Renegotiation; Social Preferences; Experiments

27.

Information and Externalities in Sequential Litigation

Downloads 149 (268,587)
Citation 10

Information and Externalities in Sequential Litigation

Number of pages: 28 Posted: 14 Jun 2004
Xinyu Hua and Kathryn E. Spier
Northwestern University - Kellogg School of Management and Harvard University - Law School - Faculty
Downloads 116 (326,023)
Citation 2

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Litigation, Settlement, Externalities, Information, Liability, Incentives

Information and Externalities in Sequential Litigation

NBER Working Paper No. w10943
Number of pages: 31 Posted: 19 Dec 2004 Last Revised: 28 May 2022
Xinyu Hua and Kathryn E. Spier
Northwestern University - Kellogg School of Management and Harvard University - Law School - Faculty
Downloads 33 (619,617)

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28.

Strategic Judgment Proofing

Downloads 147 (271,573)
Citation 2

Strategic Judgment Proofing

Harvard Law and Economics Discussion Paper No. 618
Number of pages: 38 Posted: 14 Jul 2008
Yeon-Koo Che and Kathryn E. Spier
Columbia University and Harvard University - Law School - Faculty
Downloads 122 (314,445)
Citation 2

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the judgment-proof problem, strategic judgment proofing, capital structure, subordination, lender liability, limited seniority, shareholder liability

Strategic Judgment Proofing

NBER Working Paper No. w14183
Number of pages: 38 Posted: 21 Jul 2008 Last Revised: 04 Apr 2021
Yeon-Koo Che and Kathryn E. Spier
Columbia University and Harvard University - Law School - Faculty
Downloads 25 (675,395)

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29.

Do Tying, Bundling, and Other Purchase Restraints Increase Product Quality?

International Journal of Industrial Organization, Forthcoming, Northeastern U. D’Amore-McKim School of Business Research Paper No. 2587975
Number of pages: 17 Posted: 02 Apr 2015 Last Revised: 27 Jun 2018
James D. Dana and Kathryn E. Spier
Northeastern University - Department of Economics and Harvard University - Law School - Faculty
Downloads 136 (288,577)

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bundling, tying, loyalty discounts, exclusive dealing, experience goods, product quality

30.

Holding Platforms Liable

HKUST Business School Research Paper No. 2021-048
Number of pages: 43 Posted: 21 Dec 2021 Last Revised: 29 Apr 2022
Xinyu Hua and Kathryn E. Spier
Hong Kong University of Science & Technology (HKUST) - Department of Economics and Harvard University - Law School - Faculty
Downloads 99 (360,995)

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platforms, liability, products liability, digital markets, competition

31.

Manufacturer Liability for Harms Caused by Consumers to Others

NBER Working Paper No. w10972
Number of pages: 26 Posted: 20 Dec 2004 Last Revised: 26 Jun 2022
Bruce L. Hay and Kathryn E. Spier
Harvard Law School and Harvard University - Law School - Faculty
Downloads 90 (383,120)
Citation 2

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32.

Ordered Leniency: An Experimental Study of Law Enforcement with Self-Reporting

Downloads 87 (391,119)

Ordered Leniency: An Experimental Study of Law Enforcement with Self-Reporting

Number of pages: 54 Posted: 18 Sep 2018
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 84 (403,363)

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Law Enforcement, Ordered Leniency, Self-Reporting, Experiments, Leniency, Coordination Game, Prisoners' Dilemma Game, Risk Dominance, Pareto Dominance, Equilibrium Selection, Non-Cooperative Games, Harmful Externalities, Corporate Misconduct, White-Collar Crime, Plea Bargaining

Ordered Leniency: An Experimental Study of Law Enforcement with Self-Reporting

NBER Working Paper No. w25094
Number of pages: 55 Posted: 01 Oct 2018 Last Revised: 24 Jan 2022
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 3 (883,064)

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33.

Settling Lawsuits with Pirates

Number of pages: 64 Posted: 06 Aug 2020 Last Revised: 08 Aug 2020
Xinyu Hua and Kathryn E. Spier
Hong Kong University of Science & Technology (HKUST) - Department of Economics and Harvard University - Law School - Faculty
Downloads 65 (459,698)

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Intellectual property rights, litigation, settlement, copyright infringement, licensing, price discrimination, mechanism design

34.

Bundling and Quality Assurance

RAND Journal of Economics, Vol. 49, No. 1, 2018, Northeastern U. D’Amore-McKim School of Business Research Paper No. 2658922
Number of pages: 48 Posted: 12 Sep 2015 Last Revised: 22 Jun 2018
James D. Dana and Kathryn E. Spier
Northeastern University - Department of Economics and Harvard University - Law School - Faculty
Downloads 62 (470,719)
Citation 2

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bundling, experience goods, product quality

35.

Threats Without Binding Commitment

NBER Working Paper No. w5461
Number of pages: 20 Posted: 25 Apr 1998 Last Revised: 05 Jun 2022
Steven Shavell and Kathryn E. Spier
Harvard Law School and Harvard University - Law School - Faculty
Downloads 38 (576,750)

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36.

Incentives and Contract Frames: Comment

Journal of Institutional and Theoretical Economics, Forthcoming
Posted: 10 Sep 2011
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty

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Contract Frames, Incentives, Experiments

37.

Settlement with Multiple Plaintiffs: The Role of Insolvency

The Journal of Law, Economics, and Organization, Vol. 18, No. 2, pp. 295-323, 2002
Posted: 07 Jun 2002
Kathryn E. Spier
Harvard University - Law School - Faculty

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38.

Settlement Bargaining and the Design of Damage Awards

Posted: 10 May 2000
Kathryn E. Spier
Harvard University - Law School - Faculty

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