Author Archives: F. E. Guerra-Pujol

See image below. A box with an X indicates an occupied seat, while empty boxes indicate empty seats. When there are more spaces (chairs) than audience members, why do law professors prefer sitting at both ends of a room rather … Continue reading →

An indenture is an early form of contract, commonly used during the Middle Ages in England. Below is an original document dated 5 November 1408 (!), from Professor Tina L. Stark’s collection of old English indentures. (Prof. Stark presented her … Continue reading →

We will be attending the 13th annual International Conference on Contracts (KCON XIII) in Orlando, Florida this weekend (the conference program is available here), where we will moderate a panel on contract theory and present a Bayesian analysis of the … Continue reading →

See you there!

Via Twitter (@paraschopra), check out this excellent explanation of prediction markets (PMs) by our new friend Paras Chopra. This thread consists of 27 tweets in all; for your reference, below is a screenshot of tweets nine and eight:

One of our favorite textbooks is Crimes Against Logic by Jamie Whyte, published in 2004 by McGraw-Hill Education. If Dr Whyte were to ever publish a second edition, perhaps he could include the following tweet in the “felony section” of … Continue reading →

Via the work of Jesse Schell, we recently discovered this fascinating 23-page essay by Stephen Sniderman titled “Unwritten Rules.” Here is an excerpt (edited by us for brevity): Suppose I challenge you to a game of tic-tac-toe. Could anything be … Continue reading →

Is it improper for prosecutors (or for defense attorneys) to quantify the burden of proof in jury trials? Check out the recent case of People v. Van Meter (available here), in which a Colorado court of appeals reasoned as follows: … Continue reading →

FYI: Florida roads and highways are far more dangerous than Florida schools.