Albert H. Choi

University of Virginia School of Law

580 Massie Road

Charlottesville, VA 22903

United States

SCHOLARLY PAPERS

26

DOWNLOADS
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Top 1,821

in Total Papers Downloads

14,357

CITATIONS
Rank 10,377

SSRN RANKINGS

Top 10,377

in Total Papers Citations

41

Scholarly Papers (26)

1.

Strategic Vagueness in Contract Design: The Case of Corporate Acquisitions

Yale Law Journal, Vol. 119, 2010, Virginia Law and Economics Research Paper No. 2009-16
Number of pages: 77 Posted: 04 Apr 2009 Last Revised: 31 Mar 2010
Albert H. Choi and George G. Triantis
University of Virginia School of Law and Stanford Law School
Downloads 1,133 (12,373)
Citation 1

Abstract:

contract design, mergers and acquisitions, options, litigation

Golden Parachute as a Compensation Shifting Mechanism

Number of pages: 24 Posted: 27 Jul 2002
Albert H. Choi
University of Virginia School of Law
Downloads 930 (18,699)
Citation 3

Abstract:

Golden Parachute as a Compensation Shifting Mechanism

The Journal of Law, Economics, and Organization, Vol. 20, No. 1, pp. 170-191, 2004
Posted: 19 Nov 2003
Albert H. Choi
University of Virginia School of Law

Abstract:

Golden Parachute as a Compensation-Shifting Mechanism

The Journal of Law, Economics, and Organization, Vol. 20, Issue 1, pp. 170-191, 2004
Posted: 29 Feb 2008
Albert H. Choi
University of Virginia School of Law

Abstract:

3.
Downloads 871 ( 21,019)
Citation 4

A Rent Extraction Theory of Right of First Refusal

Number of pages: 15 Posted: 22 Dec 2006
Albert H. Choi
University of Virginia School of Law
Downloads 870 (20,675)
Citation 4

Abstract:

A Rent Extraction Theory of Right of First Refusal

The Journal of Industrial Economics, Vol. 57, Issue 2, pp. 252-262, June 2009
Number of pages: 13 Posted: 20 May 2009
Albert H. Choi
University of Virginia School of Law
Downloads 1 (571,358)
Citation 4

Abstract:

4.

The Effect of Bargaining Power on Contract Design

Virginia Law Review 98:8, 1665–1744, 2012, Stanford Law and Economics Olin Working Paper No. 421, Virginia Law and Economics Research Paper No. 2012-04,
Number of pages: 80 Posted: 25 Feb 2012 Last Revised: 14 Jan 2013
Albert H. Choi and George G. Triantis
University of Virginia School of Law and Stanford Law School
Downloads 717 (23,726)

Abstract:

Contracts, Negotiation, Bargaining Power

5.

Facilitating Mergers and Acquisitions with Earnouts and Purchase Price Adjustments

Journal of Law, Finance & Accounting, Forthcoming
Number of pages: 42 Posted: 01 Jul 2014 Last Revised: 21 Sep 2016
Albert H. Choi
University of Virginia School of Law
Downloads 661 (13,178)

Abstract:

6.

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

Harvard Law and Economics Discussion Paper No. 680, Virginia Law and Economics Research Paper No. 2010-11
Number of pages: 42 Posted: 23 Sep 2010 Last Revised: 31 Mar 2015
Albert H. Choi and Kathryn E. Spier
University of Virginia School of Law and Harvard University - Law School - Faculty
Downloads 658 (23,230)
Citation 2

Abstract:

7.

Market Conditions and Contract Design: Variations in Debt Contracting

New York University Law Review, Forthcoming, Stanford Law and Economics Olin Working Paper No. 428, Virginia Law and Economics Research Paper No. 2012-07
Number of pages: 30 Posted: 01 May 2012 Last Revised: 27 Feb 2013
Albert H. Choi and George G. Triantis
University of Virginia School of Law and Stanford Law School
Downloads 544 (31,654)
Citation 2

Abstract:

contracts, corporate finance, bargaining power, adverse selection, moral hazard

8.
Downloads 540 ( 40,640)
Citation 2

Successor Liability and Asymmetric Information

Number of pages: 23 Posted: 28 Feb 2006
Albert H. Choi
University of Virginia School of Law
Downloads 540 (40,097)
Citation 2

Abstract:

Successor Liability and Asymmetric Information

American Law and Economics Review, Vol. 9, Issue 2, pp. 408-434, 2007
Posted: 16 Jun 2008
Albert H. Choi
University of Virginia School of Law

Abstract:

K13, K22, K32

9.

Completing Contracts in the Shadow of Costly Verification

Number of pages: 29 Posted: 24 Jan 2007 Last Revised: 10 Dec 2015
Albert H. Choi and George G. Triantis
University of Virginia School of Law and Stanford Law School
Downloads 517 (38,438)
Citation 6

Abstract:

Incomplete Contracts, Costly Verification

Allocating Settlement Authority under a Contingent-Fee Arrangement

Number of pages: 24 Posted: 25 Oct 2001
Albert H. Choi
University of Virginia School of Law
Downloads 475 (47,276)
Citation 4

Abstract:

litigation, contingent fee, delegation

Allocating Settlement Authority under a Contingent-Fee Arrangement

Journal of Legal Studies, Vol. 23, No. 2, June 2003
Posted: 16 Apr 2004
Albert H. Choi
University of Virginia School of Law

Abstract:

Litigation, contingent fee, delegation

11.

Optimal Agency Contracts: The Effect of Vicarious Liability and Judicial Error

Number of pages: 22 Posted: 05 Apr 2006
Albert H. Choi and Juan Carlos Bisso
University of Virginia School of Law and University of Virginia - Department of Economics
Downloads 447 (48,597)
Citation 2

Abstract:

Should Plaintiffs Win What Defendants Lose?: Litigation Stakes, Litigation Effort, and the Benefits of 'Decoupling'

USC CLEO Research Paper No. C02-7; and UVA Law and Economics Research Paper No. 02-1
Number of pages: 36 Posted: 12 Apr 2002
Albert H. Choi and Chris William Sanchirico
University of Virginia School of Law and University of Pennsylvania Law School
Downloads 441 (51,875)
Citation 11

Abstract:

Should Plaintiffs Win What Defendants Lose?: Litigation Stakes, Litigation Effort, and the Benefits of 'Decoupling'

U of Penn, Inst for Law & Econ Research Paper 04-02; USC CLEO Research Paper No. C02-7
Posted: 19 Jan 2004
Albert H. Choi and Chris William Sanchirico
University of Virginia School of Law and University of Pennsylvania Law School

Abstract:

13.

Are Non-Profit Firms Simply For-Profits in Disguise? Evidence from Executive Compensation in the Nursing Home Industry

Number of pages: 42 Posted: 12 Nov 2004
Anup Malani and Albert H. Choi
University of Chicago - Law School and University of Virginia School of Law
Downloads 436 (49,103)
Citation 2

Abstract:

non-profit, nursing home, tax, executive compensation

14.

A Critique of the Odious Debt Doctrine

U of Chicago Law & Economics, Olin Working Paper No. 323
Number of pages: 22 Posted: 17 Jan 2007
Albert H. Choi and Eric A. Posner
University of Virginia School of Law and University of Chicago - Law School
Downloads 310 (75,336)
Citation 2

Abstract:

15.

The Role of Headquarters in Firm-specific Investment and Intra-firm Trade

Number of pages: 37 Posted: 24 Nov 2001
Albert H. Choi
University of Virginia School of Law
Downloads 304 (79,415)

Abstract:

16.

The Parol Evidence Rule, Information Disclosure, and the Value of an Oral Promise

Virginia Law and Economics Research Paper No. 2009-17
Number of pages: 23 Posted: 07 Apr 2008 Last Revised: 14 Oct 2009
Albert H. Choi
University of Virginia School of Law
Downloads 282 (82,998)

Abstract:

integration, parol evidence rule, incomplete contracts

17.

Contract's Role in Relational Contract

Virginia Law and Economics Research Paper No. 2014-01, Virginia Public Law and Legal Theory Research Paper No. 2014-04
Number of pages: 50 Posted: 03 Jan 2014 Last Revised: 23 Apr 2015
Scott Baker and Albert H. Choi
Washington University in St. Louis - School of Law and University of Virginia School of Law
Downloads 268 (53,913)

Abstract:

18.

Non-Profit Status and Relational Sanctions: Commitment to Quality through Repeat Interactions and Organizational Choice

Journal of Law and Economics, No. 4, 2015, Virginia Law and Economics Research Paper No. 2014-07, Virginia Public Law and Legal Theory Research Paper No. 2014-19
Number of pages: 32 Posted: 10 Mar 2014 Last Revised: 26 May 2017
Albert H. Choi
University of Virginia School of Law
Downloads 230 (43,209)

Abstract:

19.

Reputation and Litigation: Why Costly Legal Sanctions Can Work Better than Reputational Sanctions

Virginia Law and Economics Research Paper No. 2013-02, Washington University in St. Louis Legal Studies Research Paper No. 13-03-01
Number of pages: 42 Posted: 02 Jan 2013 Last Revised: 13 May 2017
Scott Baker and Albert H. Choi
Washington University in St. Louis - School of Law and University of Virginia School of Law
Downloads 224 (74,348)

Abstract:

20.

Concentrated Ownership and Long-Term Shareholder Value

Harvard Business Law Review, Forthcoming, Virginia Law and Economics Research Paper No. 19
Number of pages: 39 Posted: 17 Jun 2015 Last Revised: 26 May 2017
Albert H. Choi
University of Virginia School of Law
Downloads 195 (16,205)

Abstract:

Controlling Shareholder, Private Benefits of Control, Dual Class Stock, Control Sale, Freezeout

21.

Shrink-Wraps: Who Should Bear the Cost of Communicating Mass-Market Contract Terms?

Virginia Law and Economics Research Paper No. 2009-15
Number of pages: 26 Posted: 16 Apr 2009 Last Revised: 15 May 2014
Yeon-Koo Che and Albert H. Choi
Columbia University and University of Virginia School of Law
Downloads 154 (154,405)

Abstract:

shrink-wraps, EULA, quality search, duty to read, duty to speak

22.

The Design of Staged Contracting

Virginia Law and Economics Research Paper No. 2017-13, Stanford Public Law Working Paper
Number of pages: 33 Posted: 01 Jun 2017 Last Revised: 26 Jun 2017
Albert H. Choi and George G. Triantis
University of Virginia School of Law and Stanford Law School
Downloads 0 (214,000)

Abstract:

Preliminary Agreement, Letter of Intent, Memorandum of Understanding, Duty to Negotiate in Good Faith

23.

Appraising the 'Merger Price' Appraisal Rule

Virginia Law and Economics Research Paper No. 2017-01
Number of pages: 48 Posted: 22 Dec 2016 Last Revised: 27 Mar 2017
Albert H. Choi and Eric L. Talley
University of Virginia School of Law and Columbia University - School of Law
Downloads 0 (32,535)

Abstract:

Mergers and Acquisitions, Appraisal, Fair Value, Merger Price Appraisal

24.

Optimal Fee-Shifting Bylaws

Virginia Law Review, Forthcoming, Virginia Law and Economics Research Paper No. 2016-15
Number of pages: 34 Posted: 20 Sep 2016 Last Revised: 26 May 2017
Albert H. Choi
University of Virginia School of Law
Downloads 0 (59,995)

Abstract:

25.

Addressing Informational Challenges with Earnouts in Mergers and Acquisitions

Research Handbook on Mergers and Acquisitions, Forthcoming; Virginia Law and Economics Research Paper No. 2016-17
Number of pages: 20 Posted: 13 Sep 2016 Last Revised: 26 Sep 2016
Albert H. Choi
University of Virginia School of Law
Downloads 0 (197,756)

Abstract:

Earnouts, Mergers and Acquisitions, Information Asymmetry, Post-Closing Verification

26.

Taking a Financial Position in Your Opponent in Litigation

Virginia Law and Economics Research Paper No. 3
Number of pages: 47 Posted: 17 Feb 2016 Last Revised: 08 Nov 2016
Albert H. Choi and Kathryn E. Spier
University of Virginia School of Law and Harvard University - Law School - Faculty
Downloads 0 (97,592)

Abstract: