A Very Small Stake

DISCOVERY presented by UW Law

Mar 28 2022 • 24 mins

The U.S. Supreme Court has endorsed companies’ ability to block class actions through mandatory individual arbitration clauses. A recent policy-based critique balances the purely legal, doctrinal perspective of class actions by examining issues through the lens of economics. Depending on circumstances surrounding the interests of consumers, investors and employees, some class actions maximize social welfare whereas others reduce it and actually promote harmful business practices.

Dr. Albert H. Choi, a professor at the University of Michigan School of Law, co-authored an update on the subject by addressing class action lawsuits from an economics perspective. A recent speaker in UW Law’s 1L Perspectives course, Dr. Choi’s research is published in many top economics and law journals. He is the current co-editor of the American Law and Economics Review.

In this episode, we speak with Dr. Choi about why we should critique class action waivers on a case-by-case basis. He tells us about new unresolved issues, including those which surfaced during the pandemic, and identifies future challenges for legal scholarship.

You Might Like

Stuff You Should Know
Stuff You Should Know
iHeartPodcasts
This American Life
This American Life
This American Life
Radiolab
Radiolab
WNYC Studios
The Way I Heard It with Mike Rowe
The Way I Heard It with Mike Rowe
The Way I Heard It with Mike Rowe
The Shrink Next Door
The Shrink Next Door
Wondery | Bloomberg
Freakonomics Radio
Freakonomics Radio
Freakonomics Radio + Stitcher
Girls Next Level
Girls Next Level
Holly Madison and Bridget Marquardt
Anything Goes with Emma Chamberlain
Anything Goes with Emma Chamberlain
Emma Chamberlain and Ramble
Scared To Death
Scared To Death
Dan Cummins
The Ezra Klein Show
The Ezra Klein Show
New York Times Opinion
Storytime with Seth Rogen
Storytime with Seth Rogen
Earwolf & Seth Rogen
Literally! With Rob Lowe
Literally! With Rob Lowe
Stitcher & Team Coco, Rob Lowe
Joe Rogan Experience Review podcast
Joe Rogan Experience Review podcast
Joe Rogan Experience Review podcast
Bad Batch
Bad Batch
Wondery