The SSRN Blog

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending March 12, 2010:

1. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

2. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (The Brookings Institution) and Aart Kraay (World Bank - Development Research Group (DECRG)) and Massimo Mastruzzi (World Bank Institute)

3. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; Social Science Electronic Publishing (SSEP), Inc.) and William H. Meckling (Simon School, University of Rochester (Deceased))

4. Patinformatics – An Emerging Scientific Discipline
by Mamta Kumari Raturi (Nectar Lifesciences Ltd. Chandigarh, India) and Prabhat Kumar Sahoo (Nectar Lifesciences Ltd. Chandigarh, India) and Susmita Mukherjee (Nectar Lifesciences Ltd. Chandigarh, India) and Amit Kumar Tiwari (Nectar Lifesciences Ltd. Chandigarh, India)

5. Equity Risk Premiums (ERP): Determinants, Estimation and Implications - The 2010 Edition
by Aswath Damodaran (New York University - Department of Finance)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending February 26, 2010:

1. Manufacturing Tail Risk: A Perspective on the Financial Crisis of 2007-09
by Viral V. Acharya (Stern School of Business; Centre for Economic Policy Research (CEPR)) and Thomas F. Cooley (Leonard N. Stern School of Business - Department of Economics; National Bureau of Economic Research (NBER)) and Matthew P. Richardson (New York University - Department of Finance; National Bureau of Economic Research (NBER)) and Ingo Walter (New York University - Stern School of Business)

2. An Empirical Study of the Role of the Written Description Requirement in Patent Prosecution
by Dennis D. Crouch (University of Missouri School of Law)

3. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

4. Cultural Cognition of Scientific Consensus
by Dan M. Kahan (Yale University - Law School) and Hank Jenkins-Smith (University of Oklahoma) and Donald Braman (Cultural Cognition Project; George Washington University - Law School)

5. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (The Brookings Institution) and Aart Kraay (World Bank - Development Research Group (DECRG)) and Massimo Mastruzzi (World Bank Institute)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending January 8, 2010:

1. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

2. Buying You: The Government’s Use of Fourth-Parties to Launder Data about ‘The People’
by Joshua L. Simmons (Columbia Law School)

3. Integrity: Without it Nothing Works
by Michael C. Jensen (Harvard Business School; Social Science Electronic Publishing (SSEP), Inc.)

4. ‘I’ve Got Nothing to Hide’ and Other Misunderstandings of Privacy
by Daniel J. Solove (George Washington University Law School)

5. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; Social Science Electronic Publishing (SSEP), Inc.) and William H. Meckling (University of Rochester (Deceased))

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending December 4, 2009:

1. Underwater and Not Walking Away: Shame, Fear and the Social Management of the Housing Crisis
by Brent T. White (University of Arizona - James E. Rogers College of Law)

2. Luck Versus Skill in the Cross Section of Mutual Fund Returns
by Eugene F. Fama (University of Chicago - Booth School of Business) and Kenneth R. French (Dartmouth College - Tuck School of Business; National Bureau of Economic Research (NBER))

3. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

4. The Loser’s Curse: Overconfidence vs. Market Efficiency in the National Football League Draft
by Cade Massey (Yale School of Management; Duke University - Fuqua School of Business) and Richard H. Thaler (University of Chicago - Booth School of Business; National Bureau of Economic Research (NBER))

5. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (The Brookings Institution) and Aart Kraay (World Bank - Development Research Group (DECRG)) and Massimo Mastruzzi (World Bank Institute)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending November 13, 2009:

1. Mamas Don’t Let Your Babies Grow Up To Be…Lawyers
by Herwig J. Schlunk (Vanderbilt University School of Law)

2. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

3. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (The Brookings Institution) and Aart Kraay (World Bank - Development Research Group (DECRG)) and Massimo Mastruzzi (World Bank Institute)

4. Common Errors in the Interpretation of the Ideas of The Black Swan and Associated Papers
by Nassim Nicholas Taleb (NYU-Poly Institute)

5. The Death of Big Law
by Larry E. Ribstein (University of Illinois College of Law)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending November 6, 2009:

1. Copyright and Cultural Institutions: Guidelines for Digitization for U.S. Libraries, Archives, and Museums
by Peter B. Hirtle (Cornell University Library) and Emily Hudson (University of Melbourne - Law School) and Andrew T. Kenyon (University of Melbourne Law School)

2. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

3. Stock Price Fragility
by Robin Greenwood (Harvard Business School; National Bureau of Economic Research (NBER)) and David Thesmar (HEC Paris (Groupe HEC))

4. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (The Brookings Institution) and Aart Kraay (World Bank - Development Research Group (DECRG)) and Massimo Mastruzzi (World Bank Institute)

5. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; Social Science Electronic Publishing (SSEP), Inc.) and William H. Meckling (Simon School, University of Rochester (Deceased))

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending October 23, 2009:

1. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

2. Technical Analysis Around the World
by Ben R. Marshall (Massey University - College of Business - Department of Economics and Finance) and Rochester H. Cahan (Macquarie Capital (USA)) and Jared Cahan (Macquarie Bank Ltd)

3. The Determinants of Music Piracy in a Sample of College Students
by Marc F. Bellemare (Duke University - Sanford School of Public Policy; Duke University - Department of Economics) and Andrew M. Holmberg (Department of Justice)

4. ‘This Right is Not Allowed by Governments that are Afraid of the People’: The Public Meaning of the Second Amendment When the Fourteenth Amendment was Ratified
by Clayton E. Cramer and Nicholas James Johnson (Fordham University - School of Law) and George A. Mocsary (United States Court of Appeals for the Tenth Circuit)

5. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (The Brookings Institution) and Aart Kraay (World Bank - Development Research Group (DECRG)) and Massimo Mastruzzi (World Bank Institute)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending October 16, 2009:

1. Trust and Delegation
by Stephen J. Brown (NYU Stern School of Business) and William N. Goetzmann (Yale School of Management - International Center for Finance; National Bureau of Economic Research (NBER)) and Bing Liang (University of Massachusetts at Amherst - Department of Finance & Operations Management; Shanghai Jiao Tong University (SJTU) - China Academy of Financial Research) and Christopher Schwarz (University of California at Irvine)

2. Specific Knowledge and Divisional Performance Measurement
by Michael C. Jensen (Harvard Business School; Social Science Electronic Publishing (SSEP), Inc.) and William H. Meckling (University of Rochester Simon School (Deceased))

3. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

4. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; Social Science Electronic Publishing (SSEP), Inc.) and William H. Meckling (University of Rochester Simon School (Deceased))

5. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (The Brookings Institution) and Aart Kraay (World Bank - Development Research Group (DECRG)) and Massimo Mastruzzi (World Bank Institute)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending September 25, 2009:

1. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

2. Broken Promises of Privacy: Responding to the Surprising Failure of Anonymization
by Paul Ohm (University of Colorado Law School)

3. A Quantitative Approach to Faber’s Tactical Asset Allocation
by Stefano Marmi (Scuola Normale Superiore) and Claudio Pacati (University of Siena - Department of Economics) and Wiston Adrián Risso (University of Siena - Department of Economics) and Roberto Renò (University of Siena - Department of Economics)

4. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; The Monitor Company; Social Science Electronic Publishing, Inc.) and William H. Meckling (University of Rochester Simon School [deceased])

5. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (Brookings Institution) and Aart Kraay (World Bank - Development Research Group) and Massimo Mastruzzi (World Bank Institute)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending September 18, 2009:

1. Broken Promises of Privacy: Responding to the Surprising Failure of Anonymization
by Paul Ohm (University of Colorado Law School)

2. The Equity Premium in 150 Textbooks
by Pablo Fernandez (University of Navarra - IESE Business School)

3. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

4. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; The Monitor Company; Social Science Electronic Publishing, Inc.) and William H. Meckling (University of Rochester Simon School [deceased])

5. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (Brookings Institution) and Aart Kraay (World Bank - Development Research Group) and Massimo Mastruzzi (World Bank Institute)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending September 11, 2009:

1. Broken Promises of Privacy: Responding to the Surprising Failure of Anonymization
by Paul Ohm (University of Colorado Law School)

2. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

3. The Ethical Responsibility to Reduce Energy Consumption
by John C. Dernbach (Widener University - School of Law) and Donald A. Brown (Pennsylvania State University)

4. Anatomy of an Entrepreneur: Family Background and Motivation
by Vivek Wadhwa (Duke University - Pratt School of Engineering; Harvard University - Labor and Worklife Program) and Krisztina Holly (University of Southern California) and Raj Aggarwal (University of Akron - Department of Finance) and Alex Salkever (Duke University - Pratt School of Engineering)

5. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (Brookings Institution) and Aart Kraay (World Bank - Development Research Group) and Massimo Mastruzzi (World Bank Institute)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending September 4, 2009:

1. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

2. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; The Monitor Company; Social Science Electronic Publishing, Inc.) and William H. Meckling (University of Rochester Simon School [deceased])

3. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (Brookings Institution) and Aart Kraay (World Bank - Development Research Group) and Massimo Mastruzzi (World Bank Institute)

4. Global Legal Pluralism
by Paul Schiff Berman (Sandra Day O’Connor College of Law; Princeton University)

5. Corporate Governance and Control
by Marco Becht (Free University of Brussels - European Center for Advanced Research in Economics and Statistics; Université Libre de Bruxelles - Solvay Brussels School of Economics and Management; European Corporate Governance Institute) and Patrick Bolton (Columbia Business School - Department of Economics) and Ailsa Röell (Princeton University - Bendheim Center for Finance)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending August 28, 2009:

1. Are You Smarter than a CFA’er?
by Oguzhan C. Dincer (Illinois State University) and Russell B. Gregory-Allen (Massey University - Department of Commerce) and Hany A. Shawky (SUNY at Albany - School of Business and Center for Institutional Investment Management)

2. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

3. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (Brookings Institution) and Aart Kraay (World Bank - Development Research Group) and Massimo Mastruzzi (World Bank Institute)

4. Why We Have Never Used the Black-Scholes-Merton Option Pricing Formula (fifth version)
by Espen Gaarder Haug (affiliation not provided to SSRN) and Nassim Nicholas Taleb (NYU-Poly Institute)

5. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; The Monitor Company; Social Science Electronic Publishing, Inc.) and William H. Meckling (University of Rochester Simon School [deceased])

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending August 7, 2009:

1. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

2. “I’ve Got Nothing to Hide” and Other Misunderstandings of Privacy
by Daniel J. Solove (George Washington University Law School)

3. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (Brookings Institution) and Aart Kraay (World Bank - Development Research Group) and Massimo Mastruzzi (World Bank Institute)

4. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; The Monitor Company; Social Science Electronic Publishing, Inc.) and William H. Meckling (University of Rochester Simon School [deceased])

5. Understanding the Subprime Mortgage Crisis
by Yuliya S. Demyanyk (Federal Reserve Bank of Cleveland) and Otto Van Hemert (New York University - Department of Finance)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending July 31, 2009:

1. A Case of Insider Trading in Spain (in Spanish)
by Pablo Fernandez (University of Navarra - IESE Business School)

2. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

3. Seven Sins of Fund Management
by James Montier (Dresdner Kleinwort Wasserstein - Global Equity Strategy)

4. Understanding the Subprime Mortgage Crisis
by Yuliya S. Demyanyk (Federal Reserve Bank of Cleveland) and Otto Van Hemert (New York University - Department of Finance)

5. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (Brookings Institution) and Aart Kraay (World Bank - Development Research Group) and Massimo Mastruzzi (World Bank Institute)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending July 17, 2009:

1. Information for Submitting Articles to Law Reviews & Journals
by Allen Rostron (University of Missouri at Kansas City - School of Law) and Nancy Levit (University of Missouri at Kansas City - School of Law)

2. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

3. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (Brookings Institution) and Aart Kraay (World Bank - Development Research Group) and Massimo Mastruzzi (World Bank Institute)

4. Post-Conflict Justice and Sustainable Peace
by Scott Gates (International Peace Research Institute, Oslo - Centre for the Study of Civil War) and Helga Malmin Binningsbo (Norwegian University of Science and Technology) and Tove Grete Lie (Norwegian University of Science and Technology)

5. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; The Monitor Company; Social Science Electronic Publishing, Inc.) and William H. Meckling (University of Rochester Simon School [deceased])

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending July 10, 2009:

1. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (Brookings Institution) and Aart Kraay (World Bank - Development Research Group) and Massimo Mastruzzi (World Bank Institute)

2. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

3. Heller and the Triumph of Originalist Judicial Engagement: A Response to Judge Harvie Wilkinson
by Alan Gura (Gura & Possessky, P.L.L.C.)

4. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; The Monitor Company; Social Science Electronic Publishing, Inc.) and William H. Meckling (University of Rochester Simon School [deceased])

5. Why We Have Never Used the Black-Scholes-Merton Option Pricing Formula (fifth version)
by Espen Gaarder Haug (affiliation not provided to SSRN) and Nassim Nicholas Taleb (NYU-Poly Institute)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending July 3, 2009:

1. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (Brookings Institution) and Aart Kraay (World Bank - Development Research Group) and Massimo Mastruzzi (World Bank Institute)

2. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

3. Copyfraud
by Jason Mazzone (Brooklyn Law School)

4. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; The Monitor Company; Social Science Electronic Publishing, Inc.) and William H. Meckling (University of Rochester Simon School [deceased])

5. Why We Have Never Used the Black-Scholes-Merton Option Pricing Formula (fifth version)
by Espen Gaarder Haug (affiliation not provided to SSRN) and Nassim Nicholas Taleb (NYU-Poly Institute)

Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending June 5, 2009:

1. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

2. Slapped in the Face by the Invisible Hand: Banking and the Panic of 2007
by Gary B. Gorton (Yale School of Management; National Bureau of Economic Research)

3. Understanding the Subprime Mortgage Crisis
by Yuliya S. Demyanyk (Federal Reserve Bank of Cleveland) and Otto Van Hemert (New York University - Department of Finance)

4. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
by Michael C. Jensen (Harvard Business School; The Monitor Company; Social Science Electronic Publishing, Inc.) and William H. Meckling (University of Rochester Simon School [deceased])

5. Governance Matters VII: Aggregate and Individual Governance Indicators, 1996-2007
by Daniel Kaufmann (Brookings Institution) and Aart Kraay (World Bank - Development Research Group) and Massimo Mastruzzi (World Bank Institute)