Michael L. Wachter is Professor of Economics and Management and Director of the Institute for Law and Economics at the University of Pennsylvania. Susan M. Wachter is the Albert Sussman Professor of Real Estate and Professor of Finance, The Wharton School; Professor of City and Regional Planning, School of Design; and Co-Director, Penn Institute for Urban Research, at the University of Pennsylvania.

Michael L. Wachter is Professor of Economics and Management and Director of the Institute for Law and Economics at the University of Pennsylvania. Susan M. Wachter is the Albert Sussman Professor of Real Estate and Professor of Finance, The Wharton School; Professor of City and Regional Planning, School of Design; and Co-Director, Penn Institute for Urban Research, at the University of Pennsylvania.

Michael L. Wachter is Professor of Economics and Management and Director of the Institute for Law and Economics at the University of Pennsylvania. Susan M. Wachter is the Albert Sussman Professor of Real Estate and Professor of Finance, The Wharton School; Professor of City and Regional Planning, School of Design; and Co-Director, Penn Institute for Urban Research, at the University of Pennsylvania.