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ALEX LEE

2025

Articles

• The Placebo Effect of Insider Dealing Regulation, Oxford Journal of Legal Studies gqaf019 (2025) (Co-authored by: Luca Enriques & Alessandro Romano).

Accepted Articles

• Epistemic Humility and Adaptive Regulation, ___ Journal of Markets & Morality ___, Northwestern Law & Econ Research Paper No. 25-20, Northwestern Public Law Research Paper No. 25-48 (forthcoming 2025) (Co-authored by: Lynne Kiesling).

• “The Selection of Disputes” at Forty, Northwestern Law & Econ Research Paper No. 24-23, Northwestern Public Law Research Paper No. 24-34, ___ Yale Journal on Regulation ___ (forthcoming 2025) (Co-authored by: Daniel M. Klerman).

Op-Eds/Blog Posts/Popular Press

• The Placebo Effect of Insider Dealing Laws, Oxford Business Law Blog (May 30, 2025) (Co-authored by: Luca Enriques & Alessandro Romano).

Working Papers

• Visual Saliency and Investment Decisions, European Banking Institute Working Paper Series No. 191, Bocconi Legal Studies Research Paper, Northwestern Law & Econ Research Paper No. 25-16, Northwestern Public Law Research Paper No. 25-40 (2025) (Co-authored by: Kenneth Khoo, Luca Enriques, Alfredo Desiato, & Alessandro Romano).

2024

Articles

• A Model of the Zone-of-Interests Test, Yale Journal on Regulation Notice & Comment (Nov. 20, 2024).

• Meme Corporate Governance, 97 Southern California Law Review 1419 (2024) (Co-authored by: Dhruv Aggarwal & Albert H. Choi).

• The Meme Stock Frenzy: Origins and Implications, 96 Southern California Law Review 1387 (2024) (Co-authored by: Dhruv Aggarwal & Albert H. Choi).

Accepted Articles

• A Model of the Zone-of-Interests Test, Northwestern Law & Econ Research Paper No. 24-08, ___ Journal of Law, Economics & Organization ___ (forthcoming 2024).

Contributions to Books

• Justice, Market Failures, and Government Agency Rulemaking, in Justice and Rights: Nicholas Wolterstorff in Dialogue with the University 121 (Terence C. Halliday & K. K. Yeo eds. 2024).

Op-Eds/Blog Posts/Popular Press

• Retail Investors and Corporate Governance: Evidence from Zero-Commission Trading, Harvard Law School Forum on Corporate Governance (Mar. 8, 2024) (Co-authored by: Dhruv Aggarwal & Albert H. Choi).

Working Papers

• Retail Investors and Corporate Governance: Evidence from Zero-Commission Trading, Northwestern Law & Econ Research Paper No. 24-01, Northwestern Public Law Research Paper No. 24-01, European Corporate Governance Institute – Finance Working Paper No. 957/2024 (2024) (Co-authored by: Dhruv Aggarwal & Albert H. Choi).

2023

Articles

• Shadow Trading and Macroeconomic Risk, 13 Harvard Business Law Review 393 (2023) (Co-authored by: Alessandro Romano).

• Beyond APA Section 553: Hayek’s Two Problems and Rulemaking Innovations, 91 George Washington Law Review 1215 (2023).

• Sarbanes-Oxley Section 404 and Its Administrative Legacy, 78 Business Lawyer 741 (2023).

• Shadow Trading and Corporate Investments, 7 Journal of Law, Finance & Accounting 191 (2023) (Co-authored by: Lawrence Liu & Alessandro Romano).

Op-Eds/Blog Posts/Popular Press

• Did the Meme Stock Revolution Actually Change Anything?, ProMarket (Nov. 30, 2023) (Co-authored by: Dhruv Aggarwal & Albert H. Choi).

• The Meme Stock Frenzy: Origins and Implications, Harvard Law School Forum on Corporate Governance (May 16, 2023) (Co-authored by: Dhruv Aggarwal, Albert H. Choi) (solicited).

• The Stochastic Nature of Cost-Benefit Analysis, Yale Journal on Regulation Notice & Comment (May 26, 2023).

• Shadow Trading, Corporate Investments, and Macroeconomic Risk, LexBlog (Mar. 22, 2023) (Co-authored by: Lawrence Liu & Alessandro Romano).

• Meme Corporate Governance, Harvard Law School Forum on Corporate Governance (Feb. 22, 2023) (Co-authored by: Dhruv Aggarwal & Albert H. Choi).

• About That $91,000: A Cautionary Tale About the Paperwork Reduction Act of 1980 and Section 404 of the Sarbanes-Oxley Act of 2002, Notice & Comment (Feb. 6, 2023).

• Shadow Trading, Corporate Investments, and Macroeconomic Risk, Oxford Business Law Blog (Feb. 15, 2023) (Co-authored by: Lawrence Liu & Alessandro Romano).

2021

Articles

• A Model of Stock-Market-Based Rulemaking, 23 American Law & Economics Review 1 (2021).

2020

Articles

• Law Professors Urge SEC to Revise Proxy Adviser Proposal, CLS Blue Sky Blog (Feb. 4, 2020) (Co-authored by: Matthew Spitzer & Eric Talley).

Op-Eds/Blog Posts/Popular Press

• Statement Prepared for CFPB Symposium on Cost-Benefit Analysis (July 29, 2020).

• Incorporating Market Reactions into SEC Rulemaking, Harvard Law School Forum On Corporate Governance (Sept. 9, 2019).

2019

Articles

• Incorporating Market Reactions into Agency Rulemaking, 54 Wake Forest Law Review 1361 (2019).

2018

Articles

• Maybe There’s No Bias in the Selection of Disputes for Litigation, 174 Journal of Institutional and Theoretical Economics 143 (2018) (Co-authored by: Eric Helland & Dan Klerman).

• Non-Prosecution of Corporations: Toward a Model of Cooperation and Leniency, 96 North Carolina Law Review 859 (2018) (Co-authored by: Cindy R. Alexander).

• Maybe There’s No Bias in the Selection of Disputes for Litigation, 174 Journal of Institutional & Theoretical Economics 143 (2018) (Co-authored by: Eric Helland and Daniel M. Klerman) and SSRN (2017).

2017

Articles

• Litigation and Selection with Correlated Two-Sided Incomplete Information, 20 American Law and Economics Review 382 (2018) (Co-authored by: Daniel Klerman and Lawrence Liu).

2016

Articles

• Beyond Agency Core Mission, 68 Administrative Law Review 551 (2016).

• The Priest-Klein Hypotheses: Proofs and Generality, 48 International Review of Law & Economics 59 (2016) (Co-authored by: Daniel Klerman).

2015

Articles

• SEC Rules, Stakeholder Interests, and Cost-Benefit Analysis, 10 Capital Markets Law Journal 311 (2015).

• The Efficiency Criterion for Securities Regulation: Investor Welfare or Total Surplus?, 57 Arizona Law Review 85 (2015).

• Law Teaching as a Christian Experience, 5 Journal of Christian Legal Thought 6 (2015).

2014

Articles

• Inferences from Litigated Cases, 43 Journal of Legal Studies 209 (2014) (Co-authored by: Daniel Klerman).

2013

Articles

• The Economic Effects of SOX Section 404: A Corporate Insider Perspective, 56 Journal of Accounting and Economics 267 (2013) (Co-authored by: Cindy R. Alexander, Scott Bauguess, Gennaro Bernile, & Jennifer Marietta-Westberg).

• An Options Approach to Agency Rulemaking, 65 Administrative Law Review 881 (2013).

2012

Articles

• Consumer Mistakes in the Mortgage Market: Choosing Unwisely Versus Not Switching Wisely, 14 University of Pennsylvania Business Law Journal 417 (2012) (Co-authored by: K. Jeremy Ko).

2008

Articles

• Competition, Consumer Welfare, and the Social Cost of Monopoly, 1 Issues in Competition Law and Policy 409 (2008) (Co-authored by: Donald J. Brown) reprinted in Donald J. Brown & Felix Kubler, eds., COMPUTATIONAL ASPECTS OF GENERAL EQUILIBRIUM THEORY: REFUTABLE THEORIES OF VALUE (2008).

2004

Articles

• The Economics of Regulatory Reform: Termination of Airline Computer Reservation Systems Rules, 21 Yale Journal On Regulation 369 (2004) (Co-authored by: Cindy R. Alexander).

2003

Articles

• Criminal Jurisdiction Under the U.S.-Korea Status of Forces Agreement: From Problems to Proposals, 13 Journal of Transnational Law & Policy 213 (2003).