Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending May 15, 2009:

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

2. Buying Troubled Assets
by Lucian A. Bebchuk (Harvard University – Harvard Law School; National Bureau of Economic Research; European Corporate Governance Institute)

3. Up in Arms About a Revolting Movement
by Glenn Harlan Reynolds (University of Tennessee College of Law)

4. House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis
by Atif R. Mian (University of Chicago – Booth School of Business; National Bureau of Economic Research) and Amir Sufi (University of Chicago – Booth School of Business; National Bureau of Economic Research)

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