Eric L. Talley
Eric Talley has served as the Rosalinde and Arthur Gilbert Foundation Professor in Law, Business and the Economy at the University of California, Berkeley (Boalt Hall) School of Law. Beginning in July 2015, he joined the faculty of the Columbia Law School as Sulzbacher Professor of Law. He most recently served as the Rosalinde and Arthur Gilbert Foundation Professor in Law, Business and the Economy at the University of California Berkeley (Boalt Hall) School of Law. He is an expert in the intersection of corporate law, governance, and finance, and he teaches a variety of courses that include Corporate Law, Mergers and Acquisitions, Contract/Commercial Law, Microeconomics, Corporate Finance, Securities Regulation, Quantitative Methods, Game Theory, and Economic Analysis of Law. Talley joined the UC Berkeley faculty in 2006, serving until 2014 as faculty co-director of the Berkeley Center for Law, Business and the Economy. From 2011–14, he served on the UC Berkeley campus Budget Committee (chairing in 2013–14). From 1995–2006, he was on the faculty of the University of Southern California, where he held the Ivadelle & Theodore Johnson Professorship in Law and Business (2004–06), with joint appointments in the Gould School of Law and the Marshall School of Business (finance and business economics group). From 2004–13, he was a Senior Economist at the RAND Corporation. He has held permanent or visiting appointments at University of Southern California, Caltech, University of Chicago, Harvard University, Georgetown University, RAND Graduate School, Stanford University, UC Berkeley, University of New South Wales (Australia), University of Sydney (Australia), University of San Diego, and University of Miami. He has served on the boards of the American Law and Economics Association (ALEA), as well the Society for Empirical Legal Studies (SELS; co-president in 2013–14). Talley is a frequent commentator in the national media, and he speaks regularly to corporate boards and regulators on issues pertaining to fiduciary duties, governance, and finance. Talley holds a B.A. degree from the University of California, San Diego; a Ph.D. in economics from Stanford University; and a J.D. from Stanford University, where was articles editor for the Stanford Law Review. He is a native of Los Alamos, New Mexico.
Talley’s recent scholarship includes Experimental Law and Economics (Edward Elgar Publishing Ltd.,2008) (co-edited with Jennifer Arlen); “Corporate Inversions and the Unbundling of Regulatory Competition,” VIRGINIA LAW REVIEW (Forthcoming 2015); “On Experimentation and Real Options in Financial Regulation,” 43 J. LEGAL. STUD. S121 (2014) (with Matthew Spitzer); “Who put the ‘lie’ in LIBOR (and who should take it out)? Civil LIBOR litigation in the US,” LAW & FIN. MKS. REVIEW 145 (June 2014) (with Samantha Strimling); “Social Entrepreneurship and Uncorporations,” 2014 U. ILL. LAW REV. 1867 (2014) (with Jesse Finfrock); “Left, Right and Center: Strategic Information Acquisition and Diversity in Judicial Panels” 29 LAW ECON. & ORG. 638 (2013) (with Matthew Spitzer); “The Measure of a MAC: A Machine-Learning Protocol for Tokenizing Force Majeure Clauses in M&A Agreements,” 168 J. INST. & TH. ECON. 181 (2012) (with D. O’Kane); “On Uncertainty, Ambiguity, and Contractual Conditions,” 34 DEL. J. CORP. LAW 755 (2009); “Public Ownership, Firm Governance, and Litigation Risk,” 76 U. CHI. L. REV. 335 (2009); “Going Private Decisions and the Sarbanes Oxley Act of 2002: A Cross-Country Analysis,” 25:1 J. LAW ECON. & ORG. 107 (2009) (with Ehud Kamar and Pinar Karaca-Mandic); and “Experimental Law and Economics,” in Handbook of Law and Economics (A. Mitchell Polinsky & Steven Shavell, eds.) (2007) (with Colin Camerer).