21 May 1998

    Date:         Thu, 21 May 1998 15:22:41 -0400
    From:         Peter Swire <swire.1@OSU.EDU>
    Subject:      Request for Submissions to Cyberspace Law Abstracts
    To:           CYBERIA-L@LISTSERV.AOL.COM

    Dear Cyberians (with apologies for cross-listing):

            I would cordially like to invite you to consider submitting an abstract of
    your written work to the Cyberspace Law Abstracts (CLA).  The CLA is part
    of the Legal Scholarship Network of the Social Science Research Network.
    The goal of the Legal Scholarship Network is to facilitate the distribution
    of scholarly information related to law to legal, economics, and business
    scholars and practitioners throughout the world.  The LSN also sponsors
    over a dozen other topical legal journals, including in intellectual property.

            Attached is a copy of the most recent issue of Cyberspace Law Abstracts.
    As you can see, it contains abstracts of working papers, forthcoming publications,
    and some recently published articles.  CLA was founded under the editorship of
    Lawrence Lessig of Harvard Law School.  I am acting as editor during
    Professor Lessig's work on the Microsoft case, and we expect to act as
    co-editors upon completion of that work. The approach of the journal is
    inter-disciplinary:  We will abstract papers in law and in other related
    social science disciplines that raise issues related to the regulation of
    cyberspace.  We encourage international submissions.

            Posting an abstract of your written work can provide significant
    advantages.  Your ideas will reach a wide audience of over 12,000
    subscribers, far in excess of the readership of many conventional legal
    journals.  Perhaps just as importantly, you ideas become available quickly.
    Final publication in a law review or a book can often take many months; by
    contrast, your abstract will become public in our next issue, generally
    within several weeks of submission.  Especially for cyberspace topics,
    which famously change in Internet time, this quick publication can help
    your ideas enter the debate in a timely fashion.

            The way to post an abstract is explained in the attached issue.
    Essentially, you can e-mail me or submit an abstract through www.ssrn.com.

            We strongly encourage on-line posting of the full text of your work.  This
    approach makes your work available immediately to the widest number of
    people.  SSRN is happy to mount your document on its server; in the
    alternative, the CLA can link to your preferred web site.  For articles
    that have been accepted for publication, your ability to post the article
    on-line may depend on who retains the copyright.  If the journal has the
    copyright, you should know that some, but by no means all, journals have
    permitted on-line posting of the full text.

            The CLA also posts announcements of forthcoming conferences.  In light of
    the many conferences related to cyberspace topics, we expect to focus on
    conferences where a large portion of the speakers are academics, and we
    will limit the number of conference announcements.

            If you are not currently a subscriber to the CLA, perhaps you will
    consider becoming one. The CLA is free at this time, although the plan is
    for the law publications to become available on a subscription basis in the
    future.  For free journals such as the CLA, the simplest way to subscribe
    is to send an e-mail to <TRIAL@SSRN.COM> with "subscribe cyberspace law" in
    the subject line.  In the body, please provide:

    Full Name:
    Telephone #:
    E-Mail Address:
    Organization or University:
    Title:

            Once again, thank you for your interest, and I hope you will consider
    sending us an abstract of your written work.

            Peter Swire

         -----------------------------------------------------------

                          CYBERSPACE LAW ABSTRACTS
                                  Number 11
                                 May 15, 1998
         ------------------------------------------------------------

                                  Editor:
                                Peter Swire

               Published by the Legal Scholarship Network (LSN)
                               a division of
                    Social Science Research Network (SSRN)

                               Copyright by
            Social Science Electronic Publishing, Inc. (SSEP) 1998
                              All rights reserved.

                              Special Notice
                              --------------

         This issue is being sent to you either on a trial basis or
         because you have subscribed to Cyberspace Law Abstracts
         (CYBERSPACE LAW).  Cyberspace Law is free during the
         start-up phase of publication.  When Cyberspace Law becomes
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         You may distribute this document in whole only.  If you
         have received this document because it was forwarded to you
         from someone else and you wish to subscribe to Cyberspace
         Law, please complete the subscription form near the end of
         this issue.

         If this document is misaligned, try setting your mailer to
         a non-proportional font such as Courier 10.

         If you need assistance downloading papers from our web site,
         please contact MAILTO:Kent_Cockrum@SSRN.Com

         ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
         |||||||||||||||       TABLE OF CONTENTS      |||||||||||||||
         ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

         ------------------------------------------------------------
                                WORKING PAPER
                             (see abstract below)
         ------------------------------------------------------------

         "Information Asymmetry, the Internet, and Securities
          Offerings"

              BERNARD S. BLACK       Columbia University

              (Previously abstracted in CSFLA No. 65, May 8, 1998.)

         ------------------------------------------------------------
                               ACCEPTED PAPERS
                            (see abstracts below)
         ------------------------------------------------------------

         "Governance of Pornography and Child Pornography on the
          Global Internet:  A Multi-Layered Approach," in Edwards, L.
          and Waelde, C., eds., "Law and the Internet:  Regulating
          Cyberspace," (1997), Oxford:  Hart Publishing, pp. 223-241.

              YAMAN AKDENIZ          University of Leeds

         "The Reality of Bytes:  Regulating Economic Activity in the
          Age of the Internet," forthcoming in the Washington Law
          Review.

              MICHAEL A. GEIST       Columbia University in the City
                                     of New York, School of Law

         "The 'Unsettled Paradox':  The Internet, the State, and the
          Consent of the Governed," forthcoming in the Indiana Journal
          of Global Legal Studies.

              DAVID G. POST         Temple University Law School &
                                    Cyberspace Law Institute

         "Privacy and the Economics of Health Care Information," in
          the Texas Law Review.

              PAUL M. SCHWARTZ       Brooklyn Law School (effective
                                     September 1998)

              (Previously abstracted in HEALTH, APS, Vol. 3, No. 3,
               May 1, 1998.)

         "The Medium is the Mistake:  The Law of Software for the
          First Amendment," forthcoming in the Stanford Law Review.

              R. POLK WAGNER         Stanford University, School of
                                     Law

         ------------------------------------------------------------
                          PROFESSIONAL ANNOUNCEMENT
         ------------------------------------------------------------

              INTERNATIONAL ONLINE   Law-Related Work on the Internet
              SEMINAR

         ------------------------------------------------------------
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         ------------------------------------------------------------

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                               Obtaining Papers
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         Unless otherwise noted, papers are available only from the
         author (or other source indicated below) in "hard copy."
         Provide your postal address when requesting a paper and
         please mention that you saw the abstract in CYBERSPACE LAW.

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         ------------------------------------------------------------
                           ABSTRACT OF WORKING PAPER

                          (published with permission)
         ------------------------------------------------------------

         "Information Asymmetry, the Internet, and Securities
          Offerings"

         BY:  BERNARD S. BLACK
                Columbia University

         SSRN ELECTRONIC DOCUMENT DELIVERY:
         http://papers.ssrn.com/paper.taf?abstract_id=84489

              DATE:     April 1998

              CONTACT:  Prof. Bernard S. Black
              E-MAIL:   MAILTO:bblack@law.columbia.edu
                        MAILTO:bsb2@columbia.edu
              POSTAL:   Columbia Law School, 435 W. 116th St., New
                        York, NY 10027-7201
              PHONE:    (212) 854-8079
              FAX:      (212) 854-7946
                        (212) 854-7941

              LSN-REF:  CYBERSPACE:WPS98-102

         HARD COPY PAPER REQUESTS:  Contact Genie Neal, Center for Law
         and Economic Studies, Columbia Law School, 435 W. 116th
         St., New York, NY 10027.  Phone: (212) 854-2493.  Fax:
         (212) 854-7941. E-mail: MAILTO:gneal@law.columbia.edu

         In this comment, prepared for a symposium on capital
         formation for small businesses, I express doubts about
         whether the Internet, as a new communication medium, will
         significantly reduce the cost of obtaining capital through a
         public or quasi-public offering.  The most important single
         barrier standing between small companies and capital
         providers is information asymmetry-potential investors do not
         know, and cannot easily verify, the quality of the
         information that a company provides.  The internet cannot do
         much to reduce information asymmetry costs, nor the costs of
         the reputational intermediaries that emerge in securities
         markets.  On the contrary, the Internet could increase
         information asymmetry costs by undercutting the effectiveness
         of the institutions that today provide investors with partial
         assurance of the quality of the information provided by
         issuers.

         ------------------------------------------------------------
                          ACCEPTED PAPER ABSTRACTS
                         (published with permission)
         ------------------------------------------------------------

         "Governance of Pornography and Child Pornography on the
          Global Internet:  A Multi-Layered Approach," in Edwards, L.
          and Waelde, C., eds., "Law and the Internet:  Regulating
          Cyberspace," (1997), Oxford:  Hart Publishing, pp. 223-241.

         BY:  YAMAN AKDENIZ
                University of Leeds

              CONTACT:  Mr. Yaman Akdeniz
              E-MAIL:   MAILTO:lawya@leeds.ac.uk
              POSTAL:   Centre For Criminal Justice Studies,
                        University of Leeds, Leeds LS2 9JT, UK
              PHONE:    not available
              FAX:      011-44-0-113-2335056

              LSN-REF:  CYBERSPACE:APS98-109

         How pornography should be regulated is one of the most
         controversial topics to have arisen in relation to the
         Internet in recent years.  The widespread availability of
         pornography on the Internet has stirred up a 'moral panic'
         shared by the government, the media, and law enforcement
         bodies such as the police, prosecutors, and judges.

         There have been many attempts to limit the availability of
         pornographic content on the Internet by governments and law
         enforcement bodies all around the world.  While the US
         Government introduced the Communications Decency Act 1996
         ( CDA ), the UK police attempted to censor Usenet discussion
         groups allegedly carrying child pornography in the summer of
         1996.  Both attempts were criticized and the US Supreme Court
         struck down the CDA in June 1997.

         There is no settled definition of pornography, either in the
         United Kingdom itself, or in the multi-national environment
         of the Internet, where cultural, moral and legal variations
         all around the world make it difficult to define
         pornographic content  in a way acceptable to all.  What is
         considered simply sexually explicit but not obscene in
         England may well be obscene in many other countries;
         conversely what is considered lawful but not pornographic in
         Sweden may well be obscene under the current UK legislation.

         This chapter will discuss two different issues:  the
         regulation of potentially harmful content such as pornography
         on the Internet; and regulation of invariably illegal content
         such as child pornography.  These issues are different in
         nature and should not be confused.  It is the submission of
         this paper that any regulatory action intended to protect a
         certain group of people, such as children, should not take
         the form of an unconditional prohibition of using the
         Internet to distribute certain content where that is freely
         available to adults in other media.

         Before explaining the possibilities of how to govern the
         availability of  pornographic content  on the global
         Internet, I will briefly discuss how and in what form these
         materials are available on the Internet.

         ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

         "The Reality of Bytes:  Regulating Economic Activity in the
          Age of the Internet," forthcoming in the Washington Law
          Review, Vol. 73 (1998).

         BY:  MICHAEL A. GEIST
                Columbia University in the City of New York, School of
                Law

              DATE:     April 1998

              CONTACT:  Michael A. Geist, Associate in Law
              E-MAIL:   MAILTO:mag76@columbia.edu
              POSTAL:   Columbia University in the City of New York,
                        School of Law, 435 W. 116th St., New York, NY
                        10027
              PHONE:    (212) 854-8389
              FAX:      (212) 854-7946

              LSN-REF:  CYBERSPACE:APS98-110

         TO SUBSCRIBE TO THE WASHINGTON LAW REVIEW:  Contact the
         Washington Law Review, 1100 N.E. Campus Pkwy., University of
         Washington, Condon Hall, Seattle, WA 98105-6617.  Phone:
         (206) 543-6335.  Fax: (206) 616-4087.  E-mail:
         MAILTO:wlr@u.washington.edu

         By utilizing both a backward and forward looking perspective,
         the article develops a model condusive to better
         understanding the Internet's legal implications on economic

         regulation as well as for how legislators and regulators
         ought to adapt their legal and regulatory frameworks to
         respond to it.  The article canvasses the burgeoning
         development of Internet law, identifying two distinct stages
         that manifest themselves in the thinking of the judiciary,
         scholars, and government.  The first stage, which spans from
         late 1994 to the end of 1996, was marked by numerous attempts
         to analogize the Internet to other legal systems, activities,
         or places.  Led by the courts, the second stage began in
         early 1997, with a closer examination of the specific nature
         and quality of activity taking place on the Internet.

         Building on these developments, the article suggests that the
         Internet's impact on economic regulation is best understood
         by classifying its effects into four categories, each of the
         which will require a different regulatory response.  The four
         categories are described as the Internet as a medium, the
         Internet as a catalyst, the Internet as change, and the
         Internet as administration.

         The article concludes by considering potential solutions for
         adapting economic regulation to the Internet.  Drawing on the
         earlier analysis, it concludes that there is no single
         suitable solution or analogy to remedy the regulatory
         challenges posed by the Internet.  Rather, as in real space,
         a combination of approaches will be necessary to create an
         effective regulatory framework.

         ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

         "The 'Unsettled Paradox':  The Internet, the State, and the
          Consent of the Governed," forthcoming in the Indiana Journal
          of Global Legal Studies, Vol. 5, No. 2 (1998).

         BY:  DAVID G. POST
                Temple University Law School & Cyberspace Law
                Institute

              DATE:     February 1998

              CONTACT:  Prof. David Post
              E-MAIL:   MAILTO:dpost@vm.temple.edu
              POSTAL:   1719 N. Broad St., Philadelphia, PA 19122
              PHONE:    (215) 204-4539
              FAX:      (215) 204-1185

              LSN-REF:  CLPA:APS98-111

         TO SUBSCRIBE TO THE INDIANA JOURNAL OF GLOBAL LEGAL STUDIES:
         Contact the Business Editor, Indiana Journal of Global Legal
         Studies, Phone: (812) 855-8717.

         Settlement of the New World called for a fundamental
         re-examination of the nature of sovereignty and statehood.
         Reconciling the paradoxical notion that the state is somehow
         both an agent of the people, and a sovereign possessing final
         and unappealable power, was a central pre-occupation of
         political thought of the 17th and 18th centuries.  This
         paradox was resolved by the radical English Whig theorists
         (and their equally radical republican counterparts in the
         Americas).  They developed a new theory of sovereignty, which
         relocated the locus of truly sovereign power to the people
         and away from the legislative assembly, and indeed  from all
         governmental institutions.

         The state's power, in this view, is entirely derivative --
         the very opposite of "sovereign" --  flowing ultimately from
         the "consent of the governed."  The people thus possess
         sovereign but delegable power, and constitute the state as
         their agent for the purpose of engaging in collective action
         conducive to their pursuit of happiness.

         This normative view of states as constituted agents whose
         power derives from the people's collective will -- a view
         that has come to be labeled the "Liberal" theory of statehood
         -- is an "a-territorial" one insofar as it discards notions
         of physical territoriality and physical power as the bases
         for the exercise of sovereign power.  And, as such, the
         Liberal theory appears well suited to an increasingly
         a-territorial, networked world.  The settlement of the new
         domain of cyberspace may enable us to take more seriously
         than ever before the possibility that individuals in the
         ordinary course of their affairs can create governmental
         entities that lack territorial status.  We can see
         a-territorial consensual associations with no geographical
         referents whatsoever onto which a portion of "sovereignty"
         devolves.  I explore in this paper some of the implications
         this may have for evolving normative theories of statehood
         and for related questions of the extraterritorial assertion
         of jurisdiction by existing territorial states.

         ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

         "Privacy and the Economics of Health Care Information," in
          the Texas Law Review, Vol. 76, No. 1 (1997).

         BY:  PAUL M. SCHWARTZ
                Brooklyn Law School (effective September 1998)

              DATE:     May 1998

              CONTACT:  Prof. Paul M. Schwartz
              E-MAIL:   MAILTO:pschwartz@lexis-nexismail.com
              POSTAL:   Case Western Reserve University Law School,
                        11075 E. Blvd., Cleveland, OH 44106
              PHONE:    (216) 368-3280
              FAX:      (216) 368-2086

              LSN-REF:  CYBERSPACE:APS98-112

         TO SUBSCRIBE TO THE TEXAS LAW REVIEW: Contact the Texas Law
         Review, 727 E. Dean Keeton St., Austin, TX 78705.
         Phone: (512) 471-3164.  Fax: (512) 471-3282.   Copyright 1997
         by the Texas Law Review Association. Reprinted by permission.

         Genetic science permits, to a previously unimaginable degree,
         predictions as to the illnesses that a person might confront
         in the future.  At the same time, information technology
         permits greater transmission, sharing, and storage of
         personal health care data at ever lower costs on a national
         and even international basis. Electronic health care records
         are becoming commonplace in the health care industry.  The
         combination of easy electronic dissemination of highly
         sensitive data, such as personal genetic information, and use
         of these data to predict future health risks has already
         caused significant harm.  The critical issue is how the law
         should structure the use of personal medical data by
         government and private enterprise alike.  Privacy and the
         Economics of Personal Health Care Information proposes that a
         strong economic argument can be made in favor of information
         privacy.  In the current marketplace for health care and
         employment -- and any such markets that we are likely to have
         in the future -- an economically efficient regulation for
         health care information requires rules that are tied to and
         follow these data through various uses.  Once identifiable
         health care information is created, it should remain
         protected health information that is subject to fair
         information practices.  These norms should take the form of
         multidimensional standards that create both background terms
         around which parties can negotiate and a smaller set of
         mandatory rules that will be binding.  Such standards seek
         both to minimize the costs of contracting in the privacy
         marketplace and to force the party with superior knowledge
         about the use of personal information to disgorge it.  This
         Article also develops the essential fair information
         practices that should be implemented in a federal health care
         privacy statute.

         ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

         "The Medium is the Mistake:  The Law of Software for the
          First Amendment," forthcoming in the Stanford Law Review,
          Vol. 51, No. 2 (1998).

         BY:  R. POLK WAGNER
                Stanford University, School of Law

         SSRN ELECTRONIC DOCUMENT DELIVERY:
         http://papers.ssrn.com/paper.taf?abstract_id=80348

         OTHER ELECTRONIC DOCUMENT DELIVERY:
         http://stlr.stanford.edu/STLR/Working_Papers/98_wagner_1/index.htm

         SSRN provides support only for papers downloaded from
         the SSRN ELECTRONIC DOCUMENT DELIVERY location.

              DATE:     April 1998

              CONTACT:  Mr. R. Polk Wagner
              E-MAIL:   MAILTO:polk@pobox.com
              POSTAL:   Hulme 4D, Escondido Village, Stanford, CA
                        94305-8610
              PHONE:    (650) 497-6675
              FAX:      none

              LSN-REF:  CYBERSPACE:APS98-113

         TO SUBSCRIBE TO THE STANFORD LAW REVIEW:  Contact the
         Stanford Law Review, Stanford Law School, Crown Quadrangle,
         Stanford, CA 94305-8610.  Fax: (415) 725-0253.
         Voice: (415) 723-4190.

         Is computer software  - code written by humans that instructs
         a computer to perform certain tasks  - protected by the First
         Amendment?  The answer to this question will significantly
         impact the course of future technological regulation, and
         will affect the scope of free expression rights in new media.
         In this note, I attempt to establish a framework for
         analysis, noting at the outset that the truly important
         question in this context is the threshold question:  what is
         "speech or . . . the press"?  I first describe two general
         ways that the Supreme Court has addressed the threshold
         question.  One is ontologically:  focusing on the expressive
         content of the speaker s conduct or the medium chosen.  The
         second is teleologically:  determining whether the regulation
         at issue implicates free expression.  I argue that the
         teleological mode -- especially as applied to computer
         software and other new media -- is the more likely to be
         consistently speech-protective, and that the courts that have
         addressed computer software have mistakenly opted for an
         ontological medium-focused analysis.  Use of a teleological
         approach implies that there should be no "law of software" --
         a conclusion that I argue holds the most promise for
         extending robust First Amendment protections into new mediums
         of communication.

         ------------------------------------------------------------
                          PROFESSIONAL ANNOUNCEMENT

         ------------------------------------------------------------

                        INTERNATIONAL ONLINE SEMINAR

                      Law-Related Work on the Internet

         You are kindly invited to participate in an international
         online seminar about "Law-Related Work on the Internet."  The
         aim of this university course, organized by the "Institut
         fuer Rechtsinformatik" (Institute of Computer Science and
         Law), is to show how the Internet can be effectively used to
         work more efficiently.  A focus will be put on the special
         interests and needs in the legal sector.

         For further information and registration you can take a look
         at our WWW site:

                 http://seminar.jura.uni-sb.de

         There are no fees to be paid!

         The course will start at the beginning of May and last until
         the end of July.  It is structured in various phases in which
         participants will have to work alone and in groups on certain
         topics around the Internet.  Group work will be organized via
         E-Mail, based on the WWW.  Other activities will be the
         participation in an online conference on legal issues,
         quizzes, HTML-Design and work with search-engines.

         An active participation of at least 2 hours per week is
         absolutely required.  To take part in the seminar you only
         need to have an access to the WWW.

         Further information on the activities of the Institute of
         Computer Science and Law and its "Law-related Internet
         project" can be found at:

            http://www.jura.uni-sb.de/
         or http://www.jura.uni-sb.de/english/ (English service)
         or http://www.jura.uni-sb.de/france/ (French Service)

         ------------------------------------------------------------
                          CYBERSPACE LAW INFORMATION
         ------------------------------------------------------------

                           CYBERSPACE LAW EDITOR
                              ---------------

         PETER SWIRE
           Associate Professor of Law, Ohio State University College
           of Law

                        CYBERSPACE LAW ADVISORY BOARD
                           ----------------------

         A. MICHAEL FROOMKIN
           Associate Professor of Law, University Miami School of Law
           Fellow, Cyberspace Law Institute; Member of Editorial
           Board of Journal of Online Law; Foreign Associate, the
           Royal Institute of International Affairs

         I. TROTTER HARDY
           Professor of Law, William and Mary School of Law; Editor,
           the Journal of Online Law

         DAVID R. JOHNSON
           Chairman, Counsel Connect; Co-Director, Cyberspace Law
           Institute

         ETHAN KATSH
           Professor of Legal Studies, University of Massachusetts at
           Amherst; Co-Director, Online Ombuds Office; Fellow,
           Cyberspace Law Institute; Member of Editorial Board of
           Journal of Online Law, Cyberlaw, Technolaw, and West Legal
           Network

         MARK A. LEMLEY
           Assistant Professor, University of Texas School of Law;
           Of Counsel, Fish & Richardson, P.C.; Member, Board of
           Editors, American Intellectual Property Law Association
           Quarterly Journal; Advisory Editor, Texas Intellectual
           Property Law Journal

         JESSICA LITMAN
           Professor of Law, Wayne State University Law School

         DAVID POST
           Associate Professor of Law, Temple University Law School;
           Co-Director, Cyberspace Law Institute; Editorial Board,
           Lexis Electronic Authors Press

         MARGARET JANE RADIN
           William Benjamin Scott and Luna M. Scott Professor of Law,
           Stanford Law School; Founding board of editors, Legal
           Theory; Co-Director, Cyberspace Law Institute

         PAMELA SAMUELSON
           Professor of Law and of Information Management, University
           of California at Berkeley; Contributing Editor,
           Communications of the ACM; Fellow of the Electronic
           Frontier Foundation

         EUGENE VOLOKH
           Acting Professor of Law, UCLA Law School

                           ABOUT CYBERSPACE LAW
                              --------------

         This journal publishes abstracts of papers dealing with
         all aspects of the regulation of cyberspace, whether that
         regulation is through law, social norms, or the
         architecture of the network.  The approach of the journal
         is inter-disciplinary:  We will abstract papers in law and
         in other related social science disciplines that raise
         issues related to the regulation of cyberspace.

         Comments and suggestions about Cyberspace Law are welcome.
         Please send them to the editor at:

                       MAILTO:Peter_Swire@SSRN.Com

         Cyberspace Law is the seventh internet-based journal of
         abstracts published by the Legal Scholarship Network (LSN),
         a division of Social Science Electronic Publishing, Inc.
         (SSEP).

         LSN also publishes (or will soon publish) other journals in
         other fields of law.  For a list of current and forthcoming
         LSN journals, see the subscription form at the end of this
         message.

         LSN is co-directed by Ronald J. Gilson and A. Mitchell
         Polinsky.  Gilson is the Charles J. Meyers Professor of
         Law and Business at Stanford Law School, and the Marc
         and Eva Stern Professor of Law and Business at Columbia
         University School of Law.  Polinsky is the Josephine
         Scott Crocker Professor of Law and Economics and Director
         of the John M. Olin Program in Law and Economics at
         Stanford Law School.  Professors Gilson and Polinsky also
         are the editors of LEA.

                      SUBMITTING ABSTRACTS, PROFESSIONAL
                        ANNOUNCEMENTS, AND JOB OPENINGS
                      ----------------------------------

         To publish your abstract in SSRN's journals, and to deliver
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             * The Abstract
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               URL from which we can download the paper, a diskette,
               or a hard copy of the manuscript)

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             * The e-mail and postal addresses, phone and fax
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               http://www.chass.utoronto.ca:8080/ecipa/JEL.html#E
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             Whenever possible, please indicate in which journal you
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             We will assist you in obtaining permission from the
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                   ------------------------------------

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         ____________________________________________________________

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                      SSEP, Inc., all rights reserved.
         ____________________________END_____________________________