Director, Berkeley Center for Law, Business, and the Economy
Eric Talley is a leading authority on corporate law, and law and economics. In addition to teaching corporate law, he serves as faculty co-director of Boalt's Berkeley Center for Law, Business and the Economy. He joined the faculty in 2006.
Talley was previously at University of Southern California Law School from 1995 to 2005. He held the Theodore and Ivadelle Johnson Chair in Law and Business in 2005, having become a full professor in 2000. Talley led two of the law school's respected research centers, and was director both at the USC Center in Law, Economics and Organization and the USC/Caltech Olin Center for the Study of Law and Rational Choice from 2002 to 2004.
Talley has also taught both law and economics classes at Georgetown Law Center, the California Institute of Technology, the RAND Graduate School and Stanford University.
Talley has served as senior economist at the RAND Corporation's Institute for Civil Justice, as director of the LRN-RAND Center for the Study of Corporate Ethics, Governance and Law, and as interim director of the RAND-Kauffman Foundation Center for the Study of Small Business Litigation and Regulation.
Among Talley's notable recent publications are: "On Public versus Private Provision of Corporate Law" (with Hadfield) in the Journal of Law Economics & Organization (2006); "Unregulable Defenses and the Perils of Stockholder Choice" (with Arlen) in the University of Pennsylvania Law Review (2003; named one of the 10 best corporate and securities articles of the year by Corporate Practice Commentator); "Turning Servile Opportunities to Gold: A Strategic Analysis of the Corporate Opportunities Doctrine" in the Yale Law Journal (1998; also named as one of the 10 best corporate and securities articles of the year by Corporate Practice Commentator); "Endowment Effects Within Corporate Agency Relationships" (with Arlen and Spitzer) in the Journal of Legal Studies (2001); and "A Theory of Legal Presumptions" (with Bernardo and Welch) in the Journal of Law, Economics and Organization (2000).