Jill Gross, Professor of Law at Pace Law School, has published “The Historical Basis of Securities Arbitration as an Investor Protection Mechanism,” Journal of Dispute Resolution, Forthcoming. In her scholarly work,Professor Gross examines securities arbitration from an historical perspective.
Here is the abstract:
This article explores the history of arbitration in the securities industry, focusing on the right of customers to demand arbitration of broker-dealer disputes. The article argues...
How does Steph Curry, the NBA’s most dominant point guard, still miss a three-pointer? A recent study in the journal NEURON may shed some light on how individuals make errors even after thousands of reps. A study by Duke University neurobiologist Stephen Lisberger analyzed electrical activity in monkeys’ brain cells while the subjects watched a dot move across a computer screen. The study found that when a monkey’s neuron misfired while tracking, neighboring neurons also misfired. Sometimes...
We commonly think of information as a means to an end. However, a growing theoretical and experimental literature suggests that information may directly enter the agent’s utility function. This can create an incentive to avoid information, even when it is useful, free, and independent of strategic considerations. We review research documenting the occurrence of information avoidance as well as theoretical and empirical research on reasons for why people avoid information, drawing from economics,...
In early February, the National Labor Relations Board (“NLRB”) once again ruled that a class action waiver included in a mandatory arbitration agreement workers were required to sign as a condition of employment violated federal law. In Waffle House, Inc. and Carrie Harris, No. 10–CA–121178, a divided three-member panel found that the arbitral provision at issue violated the National Labor Relations Act.
According to the Board,
By maintaining a mandatory arbitration agreement that requires...
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