Faculty Profiles

Joanna M. Shepherd

Joanna M. Shepherd

Professor of Law

Areas of Expertise

Analytical Methods, Law and Economics, Torts, Health Policy

Curriculum Vitae

Joanna Shepherd teaches Torts, Law and Economics, Analytical Methods for Lawyers, Statistics for Lawyers, and Legal and Economic Issues in Health Policy. Before joining Emory, Professor Shepherd was an Assistant Professor of Economics at Clemson University. In addition to her position at the law school, she currently serves as an Adjunct Professor in the Emory Department of Economics.

Much of Professor Shepherd's research focuses on topics in law and economics, especially on empirical analyses of legal changes and legal institutions. Her recent research has empirically examined issues related to the healthcare industry, tort reform, employment law, litigation practice, and judicial behavior. She has published broadly in law reviews, legal journals and economics journals. Recent publications have appeared in the Michigan Law Review, Vanderbilt Law Review, Southern California Law Review, New York University Law Review, Duke Law Journal, UCLA Law Review, The Journal of Legal Studies, The Journal of Law & Economics, The American Law & Economics Review, The Review of Law & Economics, The Journal of Institutional & Theoretical Economics, The Journal of Law, Economics, & Policy, The Antitrust Bulletin, Health Matrix, The American Journal of Law & Medicine, and many others. In addition to publishing dozens of academic articles, Professor Shepherd is the author of two textbooks: The Economic Analysis of Law and The Economics of Industrial Organization. She has been featured on several TV and radio programs and has been interviewed about her research in numerous newspapers including The Wall Street Journal and The New York Times. Professor Shepherd’s research has been cited by numerous courts, including the Supreme Court of the U.S. in Glossip v. Gross (2015) and Williams-Yulee v. Florida Bar (2015). In addition, she has testified about her empirical work before the U.S. House of Representatives Judiciary Committee, before the Committee on Law and Justice of the National Academy of Sciences, and before several state legislative committees.

Professor Shepherd has considerable experience as an economic and statistical expert.  She has authored numerous expert reports, testified at deposition and at trial in both federal and administrative courts, and provided public policy research and white papers for many clients.  Her expert work has examined issues relating to market power and competition, economic impact analyses of proposed regulations, enforcement actions by federal agencies, and damage computations.  Professor Shepherd has also been invited to present her scholarly work by faculties at leading universities around the country including Stanford Law School, The University of Chicago Law School, NYU School of Law, The University of Michigan School of Law, Northwestern University School of Law, Duke Law School, Georgetown School of Law, and The University of Southern California School of Law.  She also frequently teaches economics courses to law professors and federal and state judges.

Education: PhD, Emory University (Law and Economics, and Econometrics), 2002; BBA, Baylor University, 1997 


Economic Analysis for Lawyers (2014) (with Henry N. Butler and Christopher Drahozal).

The Economics of Industrial Organization (2003) (with William G. Shepherd).

Journal Articles

"Attacking Judicial Elections: How Campaign Advertising Influences State Supreme Court Elections," with Michael Kang, Michigan Law Review (forthcoming, 2016).

"Partisanship in State Supreme Courts: The Empirical Relationship between Party Campaign Contributions and Judicial Decisionmaking," with Michael Kang, Journal Of Legal Studies (forthcoming, 2015).

"Biologic Drugs, Biosimilars, and Barriers to Entry," 25 Health Matrix: Journal of Law and Medicine 139 (2015).

"Uncovering the Silent Victims of the American Medical Liability System," 67 Vanderbilt Law Review 151 (2014).

"Combatting the Prescription Painkiller Epidemic: A National Prescription Drug Reporting Program," 40 American Journal of Law and Medicine 85 (2014)

"Selective Contracting in Prescription Drugs: The Benefits of Pharmacy Networks," 15 Minnesota Journal of Law, Science & Technology 1027 (2014)

"Is More Information Always Better? Mandatory Disclosure Regulations in the Prescription Drug Market," 99 Cornell Law Review Online (2013).

"The Partisan Foundations of Judicial Campaign Finance, with Michael Kang," 86 Southern California Law Review 1239 (2014).

"Products Liability and Economic Activity: An Empirical Analysis of Tort Reform’s Impact on Businesses, Employment, and Production," 66 Vanderbilt Law Review 257 (2013).

"The Partisan Price of Justice: An Empirical Analysis of Campaign Contributions and Judicial Decisions," 86 New York University Law Review 69 (2011) (with Michael Kang).

Other Publications

"Estimating the Impact of a Minimal Diversity Standard on Federal Court Caseloads," National Association of Manufacturers (2015)

"Skewed Justice: Citizens United, Television Advertising and State Supreme Court Justices’ Decisions in Criminal Cases," with Michael Kang, American Constitution Society for Law and Policy (2014)

"Consumer Protection Acts or Consumer Litigation Acts: A Historical and Empirical Examination of State CPAs," American Tort Reform Foundation (2014)

"The Perils of State-Sanctioned Private Regulation: A Case Study from the Healthcare Marketplace," Washington Legal Foundation (2014)

"The Expansion of New Jersey’s Consumer Fraud Act: Causes and Consequences," American Tort Reform Foundation (2014)

"The Expanding Missouri Merchandising Practices Act," American Tort Reform Foundation (2014)

"What do we know about Punitive Damage Caps? A Review of the Empirical Literature," Searle Civil Justice Institute (2013)

"Justice at Risk: An Empirical Analysis of Campaign Contributions and Judicial Decisions," American Constitution Society for Law and Policy (2013)

Congressional Testimony

  • Testimony on Crime and Deterrence: Hearing on H.R. 2934, The Terrorist Penalties Enhancement Act of 2003. Before the House Judiciary Committee; Subcommittee on Crime, Terrorism, and Homeland Security, 108th Cong. (2004).

Supreme Court Citations

  • Research cited in Glossip et al. v. Gross et al. (2015)
  • Research cited in Williams-Yulee v. Florida Bar (2015)

Select Presentations

  • University of Virginia School of Law, Law & Economics Colloquium (2015)
  • Annual Meeting of the American College of Business Court Judges (2015)
  • University of Toronto School of Law (2015)
  • Vanderbilt Law School, Justice at Risk Conference (2014)
  • Harvard Law School, Law & Economics Colloquium (2013)
  • University of Chicago Law School, Conference on Judicial Behavior (2013)
  • Korea Economic Research Institute (2013)
  • University of Texas School of Law, Center for Law, Business, and Economics (2012)
  • ETH Zurich, the University of Zurich, the University of St. Gallen and the University of Lucerne (2012)