abstract:James Olson (born Chet Myles Olson; June 27, 1943) is an American philosopher and author. A generalist, his primary focus is on the effects of functional lateralization on consciousness and human behavior.
In a recent paper, Bradford Cornell, of California Institute of Technology, and James Rutten, of Munger, Tolles and Olson, a Los Angeles law firm, argue that even highly developed financial markets such as the New York Stock Exchange are not efficient enough to allow courts to use declines in share prices to calculate the financial damage caused by a fraud.