- J.D., Stanford Law School
- Ph.D. (Economics), Stanford University
- B.A. (Economics and Political Science), University of California, San Diego
Eric Talley is the Isidor and Seville Sulzbacher Professor of Law and Co-Director, Millstein Center for Global Markets and Corporate Ownership. He is an expert in the intersection of corporate law, governance, and finance, and he teaches/researches in areas that include corporate law and finance, mergers and acquisitions, quantitative methods, machine learning, contract and commercial law, alternative investments, game theory, and economic analysis of law. Talley has held permanent or visiting appointments at the University of California at Berkeley, University of Southern California, Caltech, University of Chicago; Harvard University; Georgetown University, RAND Graduate School, and Stanford University. He has also taught short courses at Columbia, UC Berkeley; the University of Miami; University of San Diego (London Program); University of Sydney (Australia); University of New South Wales (Australia); Tel Aviv University (Israel), the Interdisciplinary Center (Israel); ETH Zurich (Switzerland); and the University of Amsterdam (The Netherlands). In 2017, Talley was chosen by Columbia Law School's graduating class to receive the Willis L.M. Reese Prize for Excellence in Teaching.
He is current Chair of the board of directors of the Society for Empirical Legal Studies (SELS) and was the SELS co-president in 2013–2014. He has also served several terms on the board of the American Law and Economics Association (ALEA). 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 J.D. from Stanford Law School, where he was articles editor for the Stanford Law Review; a Ph.D. in economics from Stanford University; and B.A. degrees in economics and political science from the University of California, San Diego. He is a native of Los Alamos, N.M.
- "A Computational Analysis of Constitutional Polarization" (with David Pozen and Julian Nyarko), 105 Cornell L. Rev. 1 (forthcoming 2019).
- "Republicans and Democrats Are Describing Two Different Constitutions" (with David Pozen and Julian Nyarko), The Atlantic (June 2019).
- "Long-Term Bias" (with Michal Barzuza), Colum. Bus. L. Rev. (forthcoming 2020) (featured in the Wall St. Journal here).
- "Informed Trading and Cybersecurity Breaches" (with Joshua Mitts), Harv. Business L. Rev. (forthcoming 2019) (featured twice on Bloomberg here and here, and on Harvard Law School's Forum on Corporate Governance and Financial Regulation).
- "Could US Tax Reform See Increased Offshore Investment?" IFC Economic Report (Autumn 2018).
- "Appraising the Merger Price Appraisal Rule" (with Albert Choi), J. Law Econ. & Org. (2018) (on-line version available August 2018) (featured on Harvard's Forum on Corporate Governance and Financial Regulation).
- "Appraisal Arbitrage and Shareholder Value" (with Scott Callahan and Darius Palia), J. of Law, Finance & Accounting (2018) (featured on Columbia's Blue Sky Blog).
- "Is the Future of Law a Driverless Car? Assessing How the Data Analytics Revolution Will Transform Legal Practice," Journal of Inst. & Th. Econ., 2018.
- "Law and Corporate Governance" (with Robert Bartlett), The Handbook of the Economics of Corporate Governance, Vol. 1 (Hermalin & Weisbach eds.), 2017 (featured on Columbia's Blue Sky Blog).
- “Contracting Out of the Fiduciary Duty of Loyalty: An Empirical Analysis of Corporate Opportunity Waivers,” (with Gabriel V. Rauterberg), Columbia Law Review, 2017 (Corporate Practice Commentator, Top Ten Corporate and Securities Articles for 2017) (featured on Harvard's Forum on Corporate Governance and Financial Regulation).
- "Finance in the Courtroom: Appraising Its Growing Pains," Delaware Lawyer, 2017.
- “Designing Corporate Bailouts,” (with Antonio Bernardo and Ivo Welch), Journal of Law & Economics, 2016.
- “Corporate Inversions and the Unbundling of Regulatory Competition,” Virginia Law Review, 2015 (Corporate Practice Commentator, Top Ten Corporate and Securities Articles for 2016) (featured on Columbia's Blue Sky Blog).
- “On Experimentation and Real Options in Financial Regulation,” (with Matthew Spitzer), Journal of Legal Studies, 2014.
- “Who put the ‘lie’ in LIBOR (and who should take it out)? Civil LIBOR litigation in the US,” (with Samantha Strimling), Law and Financial Markets Review, 2014.
- “Social Entrepreneurship and Uncorporations,” (with Jesse Finfrock), Illinois Law Review, 2014.
- “Left, Right and Center: Strategic Information Acquisition and Diversity in Judicial Panels,” (with Matthew Spitzer), Journal of Law, Econ. & Org, 2013.
- “The Measure of a MAC: A Machine-Learning Protocol for Analyzing Force Majeure Clauses in M&A Agreements,” (with D. O’Kane), Journal of Inst. & Th. Econ., 2012.
- “Law, Economics, and the Burden(s) of Proof,” in Research Handbook on the Economics of Torts, 2012.
- “On Uncertainty, Ambiguity, and Contractual Conditions,” Delaware Journal of Corporate Law, 2009.
- “Public Ownership, Firm Governance, and Litigation Risk,” University of Chicago Law Review, 2009.
- “Going Private Decisions and the Sarbanes Oxley Act of 2002: A Cross-Country Analysis,” (with Ehud Kamar and Pinar Karaca-Mandic), Journal of Law, Economics and Organization, 2009 (Corporate Practice Commentator, Top Ten Corporate and Securities Articles for 2009).
- “Experimental Law and Economics,” (with Jennifer Arlen), Edward Elgar Publishing Ltd., 2008.
- “Experimental Study of Law” (with Colin Camerer) in Handbook of Law and Economics, 2007.
- Faculty Co-Director, Millstein Center for Global Markets and Corporate Ownership
- Columbia Data Sciences Institute (Executive Committee Member)
- Board Chair, Society for Empirical Legal Studies (2017-19)
- Board Member, American Law and Economics Association (Chair of Recruitment Committee) (2017-19).
- Rosalinde and Arthur Gilbert Foundation Professor in Law, Business, and the Economy, University of California, Berkeley (Boalt Hall) School of Law, 2009-2015
- Faculty Co-Director, Berkeley Center for Law, Business, and the Economy, 2006-2015
- University of California, Berkeley, Campus Budget Committee, 2011–2014 (Chair 2013-2014)
- Senior Economist, RAND Corporation, 2004–2013
- Ivadelle and Theodore Johnson Professorship in Law and Business, University of Southern California, 2004–2006
- Corporate Law
- Corporate Finance
- Corporate Governance
- Contract and Commercial Law
- Economic Analysis of Law
- Mergers and Acquisitions
- Machine Learning, AI and Predictive Coding