Behavioral law and economics

In the past few decades, economic analysis of law has been challenged by a growing body of experimental and empirical studies that attest to prevalent and systematic deviations from the assumptions of economic rationality. While the findings on bounded rationality and heuristics and biases were init...

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Main Authors: Zamir, Eyal, Teichman, Doron (Author)
Format: eBook
Language:English
Published: New York, NY Oxford University Press 2018, 2018
Subjects:
Online Access:
Collection: Oxford University Press - Collection details see MPG.ReNa
Summary:In the past few decades, economic analysis of law has been challenged by a growing body of experimental and empirical studies that attest to prevalent and systematic deviations from the assumptions of economic rationality. While the findings on bounded rationality and heuristics and biases were initially perceived as antithetical to standard economic and legal-economic analysis, over time they have been largely integrated into mainstream economic analysis, including economic analysis of law. Moreover, the impact of behavioral insights has long since transcended purely economic analysis of law: in recent years, the behavioral movement has become one of the most influential developments in legal scholarship in general. 'Behavioral Law and Economics' offers a state-of-the-art overview of the field
Item Description:Previously issued in print: 2018
Physical Description:1 online resource illustrations (black and white)
ISBN:9780190901387