Research handbook on behavioral law and economics / edited by Joshua C. Teitelbaum Georgetown University Law Center and Kathryn Zeiler, Boston University, School of Law, US.

Format:

Book

Contributor:

Edward Elgar Publishing, publisher.

Teitelbaum, Joshua C., editor.

Zeiler, Kathry, editor.

Series:

Research handbooks in law and economics.

Research Handbooks in Law and Economics

Language:

English

Subjects (All):

Economics--Psychological aspects.

Economics.

Physical Description:

1 online resource (544 pages).

Place of Publication:

Northampton, MA : Edward Elgar Pub., 2018.

Summary:

The field of behavioral economics has contributed greatly to our understanding of human decision making by refining neoclassical assumptions and developing models that account for psychological, cognitive, and emotional forces. The field's insights have important implications for law. This Research Handbook offers a variety of perspectives from renowned experts on a wide-ranging set of topics including punishment, finance, tort law, happiness, and the application of experimental literatures to law. It also includes analyses of conceptual foundations, cautions, limitations and proposals for ways forward. The leading scholars of law, economics, and psychology featured in this Research Handbook use their insights to synthesize and contribute to the extant research at the intersection of behavioral economics and key areas of law, and to demonstrate methods for effective original research. With synthetic literature reviews and original research, conceptual overviews and critical perspectives, as well as topic-specific chapters, it provides a strong overview of this burgeoning field. Law and economics scholars, behavioral law scholars, and behavioral economists and psychologists dealing with law, judgement and decision-making will appreciate this Research Handbook's dedication to applicable research, and judges, lawmakers, policy advocates and regulators will note its important practical implications for law and public policy.

Contents:

Contents: Introduction, Joshua C. Teitelbaum and Kathryn Zeiler

Part I Foundations

1. Conceptual Foundations: A Bird's-Eye View / Jonathan Baron and Tess Wilkinson-Ryan

2. Behavioral Probability / Alex Stein

Part II Antitrust and Consumer Finance

3. Exclusionary Vertical Restraints and Antitrust: Experimental Law and Economics Contributions / Claudia M. Landeo

4. Balancing Act: New Evidence and a Discussion of the Theory on the Rationality and Behavioral Anomalies of Choice in Credit Markets / Marieke Bos, Susan Payne Carter and Paige Marta Skiba

5. The Effect of Advertising on Home Equity Credit Choices / Sumit Agarwal and Brent W. Ambrose

Part III Crime and Punishment

6. Punishment, Social Norms, and Cooperation / Erte Xiao

7. Prospect Theory, Crime and Punishment / Ali al-Nowaihi and Sanjit Dhami

Part IV Torts

8. Behavioral Models in Tort Law / Barbara Luppi, Reggio Emilia and Francesco Parisi

9. Law and Economics and Tort Litigation Institutions: Theory and Experiments / Claudia M. Landeo

Part V Happiness and Trust

10. Happiness 101 for Legal Scholars: Applying Happiness Research to Legal Policy, Ethics, Mindfulness, Negotiations, Legal Education, and Legal Practice / Peter H. Huang

11. Trust and the Law / Benjamin Ho and David B. Huffman

Part VI Experiments and Neuroeconomics

12. Law and Economics in the Laboratory / Gary Charness and Gregory DeAngelo

13. What Explains Observed Reluctance to Trade? A Comprehensive Literature Review / Kathryn Zeiler

14. Incentives, Choices, and Strategic Behavior: A Neuroeconomics Perspective for the Law / Terrence R. Chorvat and Kevin McCabe

Part VII Cautions and Ways Forward

15. The Price of Abstraction / Gregory Mitchell

16. Why Behavioral Economics Isn't Better, and How It Could Be / Owen D. Jones

Index.

Notes:

Includes bibliographical references at the end of each chapter and index.

Description based on online resource; title from PDF title page (EBC, viewed April 14, 2018).

ISBN:

1-84980-568-7