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

34

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67

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129

Scholarly Papers (34)

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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 7,357 (844)
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 1,023 (22,721)
Citation 2

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3.

Taking a Financial Position in Your Opponent in Litigation

American Economic Review, Forthcoming
Number of pages: 39 Posted: 17 Feb 2016 Last Revised: 27 Jun 2018
Albert H. Choi and Kathryn E. Spier
University of Michigan Law School and Harvard University - Law School - Faculty
Downloads 959 (24,960)
Citation 1

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4.

Naked Exclusion: An Experimental Study of Contracts with Externalities

Downloads 933 ( 25,963)
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 779 (32,953)
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: 28 Jul 2010
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 154 (205,429)
Citation 1

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5.

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

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: 31 Mar 2015
Albert H. Choi and Kathryn E. Spier
University of Michigan Law School and Harvard University - Law School - Faculty
Downloads 855 (29,425)
Citation 7

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6.

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

Downloads 720 ( 37,246)
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 490 (60,762)
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 230 (142,356)
Citation 5

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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

7.

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 701 (38,629)
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

8.

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 502 (59,605)
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

9.

Trial and Settlement: A Study of High-Low Agreements

Downloads 466 ( 65,359)
Citation 8

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 458 (66,112)

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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: 15 Mar 2014
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 8 (663,171)
Citation 1

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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 440 (70,099)

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

11.

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 440 (70,099)
Citation 10

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

12.

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 328 (98,461)
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

13.

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

Downloads 298 (109,482)
Citation 1

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

Northwestern Law & Econ Research Paper No. 01-8; and USC CLEO Research Paper No. C02-12
Number of pages: 47 Posted: 05 Nov 2001
Kathryn E. Spier
Harvard University - Law School - Faculty
Downloads 298 (108,867)
Citation 1

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

RAND Journal of Economics, Vol. 34, No. 1, Spring 2003
Posted: 26 Feb 2003
Kathryn E. Spier
Harvard University - Law School - Faculty

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14.

Class Actions and Private Antitrust Litigation

Virginia Law and Economics Research Paper No. 2019-01, Virginia Public Law and Legal Theory Research Paper No. 2019-05
Number of pages: 41 Posted: 07 Feb 2019 Last Revised: 20 Feb 2020
Albert H. Choi and Kathryn E. Spier
University of Michigan Law School and Harvard University - Law School - Faculty
Downloads 258 (127,444)
Citation 2

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Antitrust Lawsuits, Class Actions, Class Action Waivers

15.

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 249 (132,102)
Citation 1

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16.

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 229 (143,408)
Citation 29

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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

17.

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 225 (145,914)
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

18.

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 199 (163,831)

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Class Actions, Civil Litigation, Liability, Torts

19.

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 192 (169,303)
Citation 5

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

20.

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 191 (170,035)

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experience goods, product quality, reputation

21.

Optimal Law Enforcement with Ordered Leniency

Downloads 186 (174,206)

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 182 (177,531)

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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

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 4 (693,746)

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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

Optimal Law Enforcement with Ordered Leniency

NBER Working Paper No. w25095
Number of pages: 52 Posted: 01 Oct 2018
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 0

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22.

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 184 (175,912)

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Business Deadlock, Shotgun Mechanisms, Asymmetric Information, Experiments

23.

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 150 (209,600)

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

24.

Information and Externalities in Sequential Litigation

Downloads 143 (217,956)
Citation 9

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 113 (261,947)
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: 14 Aug 2009
Xinyu Hua and Kathryn E. Spier
Northwestern University - Kellogg School of Management and Harvard University - Law School - Faculty
Downloads 30 (512,315)

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25.

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 134 (229,480)

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

26.

Strategic Judgment Proofing

Downloads 133 (230,900)
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 111 (265,301)
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: 14 Jul 2009
Yeon-Koo Che and Kathryn E. Spier
Columbia University and Harvard University - Law School - Faculty
Downloads 22 (562,627)

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27.

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 115 (257,462)
Citation 3

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

28.

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 2010
Bruce L. Hay and Kathryn E. Spier
Harvard Law School and Harvard University - Law School - Faculty
Downloads 86 (312,281)
Citation 2

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29.

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

Downloads 61 (378,116)

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 60 (386,553)

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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
Claudia M. Landeo and Kathryn E. Spier
University of Alberta - Department of Economics and Harvard University - Law School - Faculty
Downloads 1 (727,094)
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30.

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 53 (404,197)
Citation 2

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bundling, experience goods, product quality

31.

Threats Without Binding Commitment

NBER Working Paper No. w5461
Number of pages: 20 Posted: 25 Apr 1998 Last Revised: 08 May 2000
Steven Shavell and Kathryn E. Spier
Harvard Law School and Harvard University - Law School - Faculty
Downloads 37 (466,088)
Citation 1

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32.

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

33.

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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34.

Settlement Bargaining and the Design of Damage Awards

Journal of Law, Economics & Organization: Volume 10 Number 1, April 1994
Posted: 10 May 2000
Kathryn E. Spier
Harvard University - Law School - Faculty

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