Experimental law and economics / edited by Jennifer H. Arlen, Eric L. Talley.

Format:

Book

Contributor:

Arlen, Jennifer.

Talley, Eric L.

Edward Elgar Publishing.

Series:

Economic approaches to law ; 20.

Economic approaches to law ; 20

Language:

English

Subjects (All):

Law and economics.

Physical Description:

1 online resource (784 p.) : ill. ; cm.

Place of Publication:

Cheltenham, UK ; Northampton, MA : Edward Elgar Pub., 2008.

Summary:

During the last two decades researchers in the field of experimental law and economics have made significant contributions to our knowledge of human behaviour and its interaction with legal and regulatory environments. This collection of previously published papers examines the use of laboratory experiments to test and develop these theories about how people behave, including their responses to legal rules. An important resource for judges, policymakers and scholars alike, the articles presented are drawn from diverse disciplines such as economics, law and psychology. The editors' comprehensive introduction provides expert analysis and insightful discussion of new directions in the field. Also included is an extended bibliography of additional articles to further aid readers' study.

Contents:

Recommended readings (Machine generated): M. Alais (1953), 'Le comportement de l'homme rationnel devant le risque: Critique des postulats et axiomes de l'ecole Americane', Econometrica, 21, 503-46.

Jennifer Arlen (1998), 'The Future of Behavioral Economic Analysis of Law', Vanderbilt Law Review, 51, 1765-88.

Jennifer Arlen and William Carney (1992), 'Vicarious Liability for Fraud on Securities Markets', University of Illinois Law Review, 691-740.

Nava Ashraf, Colin Camerer, and George Loewenstein (2005), 'Adam Smith, Behavioral Economist', Journal of Economic Perspectives, 19, 131-45.

Linda Babcock, Henry Farber, Cynthia Fobian, and Eldar Shafir (1995a), 'Forming Beliefs about Adjudicated Outcomes: Perceptions of Risk and Reservation Values', International Review of Law and Economics, 15, 289-303.

Linda Babcock and Claudia M. Landeo (2004), 'Settlement Escrows: An Experimental Study of a Bilateral Bargaining Game', Journal of Economic Behavior and Organization, 53, 401-17.

Linda Babcock and George Loewenstein (1997), 'Explaining Bargaining Impasse: The Role of Self-Serving Biases', Journal of Economic Perspectives, 11, 109-26.

Linda Babcock and Greg Pogarsky (1999), 'Damage Caps and Settlement: A Behavioral Approach', Journal of Legal Studies, 28, 341-70.

Linda Babcock, George Loewenstein, and Xianghong Wang (1995), 'The Relationship between Uncertainty, the Contract Zone, and Efficiency in a Bargaining Experiment', Journal of Economic Behavior and Organization, 27, 475-85.

Linda Babcock, Xianghong Wang, and George Loewenstein (1996), 'Choosing the Wrong Pond: Social Comparisons in Negotiations that Reflect a Self-Serving Bias', Quarterly Journal of Economics, 111, 1-19.

Thomas Baker, Alon Harel, and Tamar Kugler (2004), 'The Virtues of Uncertainty in Law: An Experimental Approach', Iowa Law Review, 89, 443-94.

Daniel Bernoulli ([1738] 1954), '"Exposition of a New Theory on the Measurement of Risk": English Translation', 22, 23-36.

Marianne Bertrand and Sendhil Mullainathan (2004), 'Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment in Labor Market Discrimination', American Economic Review, 94, 991-1013.

Iris Bohnet and Bruno Frey (1999), 'The Sound of Silence in Prisoner's Dilemma and Dictator Games', Journal of Economic Behavior and Organization, 38, 43-57.

Colin F. Camerer (2003), Behavioral Game Theory - Experiments in Strategic Interaction. Princeton, NJ: Princeton University Press.

Colin F. Camerer and Ernst Fehr (2006), 'When Does "Economic Man" Dominate Social Behavior?' Science, 311, 47-52.

Colin F. Camerer, Joseph Henrich, Robert Boyd, Samuel Bowles, Ernst Fehr, Herbert Gintis, and Richard McElreath (2001), 'Cooperation, Reciprocity and Punishment in 15 Small-Scale Societies', American Economic Review, 91, 73-8.

Colin F. Camerer and Robin M. Hogarth (1999), 'The Effect of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework', Journal of Risk and Uncertainty, 18, 7-42

Colin F. Camerer, George Loewenstein, and Drazen Prelec (2005), '"Neuroeconomics": How Neuroscience Can Inform Economics', Journal of Economic Literature, 43, 9-64.

Colin F. Camerer, George Loewenstein, and Martin Weber (1989), 'The Curse of Knowledge in Economic Settings: An Experimental Analysis', Journal of Political Economy, 97, 1232-54.

Colin F. Camerer and Richard H. Thaler (1995), 'Anomalies: Ultimatums, Dictators and Manners', Journal of Economic Perspectives, 9, 209-19.

Colin Camerer and Eric Talley (2007), 'Experimental Law and Economics', in M. Polinsky and S. Shavell (eds), Handbook of Law and Economics. Amsterdam: North Holland, 1621-50.

Ronald H. Coase (1960), 'The Problem of Social Costs', Journal of Law and Economics, 3, 1-44.

Leda Cosmides and John Tooby (1996), 'Are Humans Good Intuitive Statisticians After All? Rethinking Some Conclusions from the Literature on Judgment under Uncertainty', Cognition, 58, 1-73.

Leda Cosmides and John Tooby (2006), 'Evolutionary Psychology, Moral Heuristics and the Law', in G. Gigerenzer and C. Engel (eds), Heuristics and the Law (Dahlem Workshop Report No. 94). Cambridge, MA: MIT Press, 175-206.

Rachel Croson (2000), 'Why and How to Experiment: Methodologies from Experimental Economics', University of Illinois Law Review, 921-45.

Antonio Damasio (2005), 'Brain Trust', Nature, 435, 571-2.

Elsa Ermer, Scott A. Guerin, Leda Cosimedes, John Tooby, and Michael B. Miller (2006), 'Theory of Mind Broad and Narrow: Reasoning about Social Exchange Engages ToM Areas, Precautionary Reasoning Does Not', Social Neuroscience, 1, 196-219.

Ernst Fehr and Urs Fischbacher (2003), 'The Nature of Human Altruism,' Nature, 425, 785-91.

Ernst Fehr and Urs Fischbacher (2004), 'Social Norms and Human Cooperation', TRENDS in Cognitive Science, 8, 185-190.

Ernst Fehr, Urs Fischbacher, and Michael Kosfeld (2005), 'Neuroeconomic Foundations of Trust and Social Preferences: Initial Evidence', American Economic Review, 95, 346-51.

Ernst Fehr and Simon Gächter (2002), 'Altruistic Punishment in Humans', Nature, 415, 137-40.

Ernst Fehr, Georg Kirchsteiger, and Arno Riedl (1993), 'Does Fairness Prevent Market Clearing? An Experimental Investigation', Quarterly Journal of Economics, 108, 437-59.

Ernst Fehr and John A. List (2004), 'The Hidden Costs and Returns of Incentives - Trust and Trustworthiness among CEOs', Journal of the European Economic Association, 2, 743-71.

Ernst Fehr and Bettina Rockenbach (2003), 'Detrimental Effect of Sanctions on Human Altruism', Nature, 422, 137-40.

Baruch Fischhoff (1975), 'Hindsight =/= Foresight: The Effect of Outcome Knowledge on Judgment under Uncertainty', Journal of Experimental Psychology, 1, 288-99.

Baruch Fischhoff (1982), 'Debiasing', in Daniel Kahneman, Paul Slovic and Amos Tversky (eds), Judgement under Uncertainty: Heuristics and Biases. New York: Cambridge University Press, 422-44

Robert Franciosi, Praven Kujal, Roland Michelitsch, Vernon L. Smith, and Deng Gang (1996), 'Experimental Tests of the Endowment Effect', Journal of Economic Behavior and Organization, 30, 213-26.

Robert H. Frank, Thomas Gilovich, and Dennis Regan (1996), 'Do Economists Make Bad Citizens?', Journal of Economic Perspectives, 10, 187-92.

Gerd Gigerenzer (1991), 'How to Make Cognitive Illusions Disappear: Beyond "Heuristics and Biases"', European Review of Social Psychology, 2, 83-115.

William M. Goldstein and Elke U. Weber (1995), 'Content and Discontent: Indications and Implications of Domain Specificity in Preferential Decision Making', in J.R. Busemeyer, R. Hastie, and D.L. Medlin (eds), The Psychology of Learning and Motivation. Vol. 32. New York: Academic Press, 83-136.

Paul Glimcher and Aldo Rustichini (2004), 'Neuroeconomics: The Consilience of Brain and Decision', Science, 306, 447-52.

Joshua Greene, R. Brian Sommerville, Leigh Nyström, John Darley, and Jonathan Cohen (2001), 'An fMRI Investigation of Emotional Engagement in Moral Judgment', Science, 293, 2105-8.

Joshua Greene, Leigh Nyström, Andrew D. Engell, John Darley, and Jonathan Cohen (2004), 'The Neural Bases of Cognitive Conflict and Control in Moral Judgment', Neuron, 44, 389-400.

Werner Güth, Rolf Schmittberger, and Bernd Schwarze (1982), 'An Experimental Analysis of Ultimatum Bargaining', Journal of Economic Behavior and Organization, 3, 367-88.

Reid Hastie, David A. Schkade and John W. Payne (1999), 'Juror Judgments in Civil Cases: Effects of the Plaintiff's Requests and Plaintiff's Identity on Punitive Damage Awards', Law and Human Behavior, 23, 445-70.

Marc Hauser (2006), Moral Minds: How Nature Designed Our Universal Sense of Right and Wrong. New York: HarperCollins.

Hauke Heekeren, Isabell Wartenberger, Helge Schmidt, Hans-Peter Schwintowski, and Arno Villringer (2003), 'An fMRI Study of Simple Ethical Decision-making', Neuroreport, 14, 1215-19.

Aviad Heifetz, Ella Segev, Eric Talley (2007), 'Market Design with Endogenous Preferences', Games and Economic Behaviour, 58, 121-53.

Joseph Henrich, Robert Boyd, Samuel Bowles, Colin Camerer, Ernst Fehr, Herbert Gintis, Robert McElreath, Michael Alvard, Abigail Barr, Jean Ensminger, Natalie-Smith Henrich, Kim Hill, Francisco Gil-White, Michael Gurven, Frank W. Marlowe, John Q. Patton, and David Tracer (2005), '"Economic Man" in Cross-Cultural Perspective: Ethnography and Experiments from 15 Small-Scale Societies', Behavioral and Brain Sciences, 28, 795-855.

Elizabeth Hoffman and Matthew Spitzer (1985), 'Entitlements, Rights and Fairness: An Experimental Examination of Subjects' Conceptions of Distributive Justice', Journal of Legal Studies, 14, 259-97.

Elizabeth Hoffman and Matthew Spitzer (1986), 'Experimental Tests of the Coase Theorem with Large Bargaining Groups', Journal of Legal Studies, 15, 149-71.

Jonathan K. Horowitz and Kenneth E. McConnell (2002), 'A Review of WTA/WTP Studies', Journal of Environmental Economics and Management, 44, 426-44.

Christine Jolls and Cass R. Sunstein (2006), 'Debiasing through Law', Journal of Legal Studies, 35, 199-241.

Christine Jolls, Cass R. Sunstein, and Richard Thaler (1998), 'A Behavioral Approach to Law and Economics', Stanford Law Review, 50, 1471-550.

Daniel Kahneman, Jack L. Knetsch, and Richard Thaler (1986), 'Fairness as a Constraint on Profit Seeking: Entitlements in the Market', American Economic Review, 76, 728-41

Daniel Kahneman, Jack L. Knetsch, and Richard Thaler (1991), 'The Endowment Effects, Loss Aversion and Status Quo Bias', Journal of Economic Perspectives, 5, 193-206.

Daniel Kahneman, David Schkade, and Cass R. Sunstein (1998), 'Shared Outrage and Erratic Awards: The Psychology of Punitive Damages', Journal of Risk and Uncertainty, 16, 49-86.

Daniel Kahneman and Amos Tversky (1979), 'Prospect Theory: An Analysis of Decision under Risk', Econometrica, 47, 263-91.

Tatsuya Kameda, Masanori Takezawa, R. Scott Tindale, and Christine M. Smith (2002), 'Social Sharing and Risk Reduction: Exploring a Computational Algorithm for the Psychology of Windfall Gains', Evolutionary Human Behavior, 23, 11-33.

Mark Kelman, David Fallas, and Hilary Folger (1998), 'Decomposing Hindsight Bias', Journal of Risk and Uncertainty, 16, 251-69.

Daria Knoch, Alvaro Pascual-Leone, Kaspar Meyer, Valerie Treyer, and Ernst Fehr (2006), 'Diminishing Reciprocal Fairness by Disrupting the Right Prefrontal Cortex', Science, 314, 829-32.

Michael Koenigs, Liane Young, Ralph Adolphs, Daniel Tranel, Fiery Cushman, Marc Hauser, and Antonia Damasio (2007), 'Damage to the Prefrontal Cortex Increases Utilitarian Moral Judgments', Nature, 446, 908-11.

Russell Korobkin (1998), 'The Status Quo Bias and Contract Default Rules', Cornell Law Review, 83, 608-87.

Russell Korobkin (2003), 'The Endowment Effect and Legal Analysis', Northwestern University Law Review, 97, 1227-93.

Russell Korobkin and Christopher Guthrie (1994), 'Psychological Barriers to Litigation Settlement: An Experimental Approach', Michigan Law Review, 93, 107-92.

Russell Korobkin and Thomas Ulen (2000), 'Law and Behavioral Science: Removing the Rationality Assumption from Law and Economics', California Law Review, 88, 1051-1144.

Michael Kosfeld, Markus Heinrichs, Paul Zak, Urs Fischbacher and Ernst Fehr (2005), 'Oxytocin Increases Trust in Humans', Nature, 435, 673-6.

Susan J. LaBine and Gary LaBine (1996), 'Determinations of Negligence and the Hindsight Bias', Law and Human Behavior, 20, 501-16.

David Laibson (1997), 'Golden Eggs and Hyperbolic Discounting', Quarterly Journal of Economics, 112, 443-78.

Donald C. Langevoort (1997), 'Organized Illusions: A Behavioral Theory of Why Corporations Mislead Stock Market Investors (and Cause Other Social Harms)', University of Pennsylvania Law Review, 146, 101-72.

John List (2003), 'Does Market Experience Eliminate Market Anomalies?', Quarterly Journal of Economics, 118, 41-71.

George Loewenstein (2000), 'Emotions in Economic Theory and Economic Behavior', Papers and Proceedings of the 112th Annual Meeting of the American Economic Association, American Economic Review, 90, 426-32.

George Loewenstein and Daniel Adler (1995), 'A Bias in the Prediction of Tastes', Economic Journal, 105, 929-37.

George Loewenstein and Samuel Issacharoff (1994), 'Source Dependence in the Valuation of Objects', Behavioral Decision Making, 7, 157-68

George Loewenstein, Samuel Issacharoff, Colin Camerer, and Linda Babcock (1993), 'Self-serving Assessments of Fairness and Pretrial Bargaining', Journal of Legal Studies, 22, 135-59.

George Loewenstein and Don A. Moore (2004), 'When Ignorance is Bliss: Information Exchange and Inefficiency in Bargaining', Journal of Legal Studies, 33, 37-58.

George Loewenstein, Don A. Moore, and Roberto A. Weber (2006), 'Misperceiving the Value of Information in Predicting the Performance of Others', Experimental Economics, 9, 281-95.

George Loewenstein and Drazen Prelec (1992), 'Anomalies in Intertemporal Choice: Evidence and an Interpretation', Quarterly Journal of Economics, 107, 573-97.

George Loewenstein and Richard H. Thaler (1989), 'Anomalies: Intertemporal Choice', Journal of Economic Perspectives, 3, 181-93.

Qian Luo, Mariaa Nakic, Thalia Wheatley, Rebecca Ritchell, Alex Martin, and R. James Blair (2006), 'The Neural basis of Implicit Moral Attitude - an IAT Study Using Event-related fMRI, Neurolmage, 30, 1449-57.

Richard McAdams and Janice Nadler (2005), 'Testing the Focal Point Theory of Legal Compliance: Expressive Influence in an Experimental Hawk/Dove Game', Journal of Empirical Legal Studies, 2, 87-123.

Edward McCaffery and Jonathan Baron (2006), 'Thinking about Tax', Psychology, Public Policy, and Law, 12, 106-35.

Samuel M. McClure, David I. Laibson, George Loewenstein, and Jonathan D. Cohen (2004), 'Separate Neural Systems Value Immediate and Delayed Monetary Rewards', Science, 306, 503-7.

Richard McKelvey and Talbot Page (2000), 'An Experimental Study of the Effect of Private Information in the Coase Theorem', Experimental Economics, 3, 187-213.

Jorge Moll, Ricardo de Oliveira-Souza, Ivanei Bramati, and Jordan Grafman (2002), 'Functional Networks in Emotional Moral and Nonmoral Social Judgments', Neurolmage, 16, 696-703.

Roger G. Noll and James E. Krier (1990), 'Some Implications of Cognitive Psychology for Risk Regulation', Journal of Legal Studies, 19, 747-79.

Martin A. Nowak, Karen M. Page, and Karl Sigmund (2000), 'Fairness versus Reason in the Ultimatum Game', Science, 289, 1773-5.

Kevin N. Ochsner and Elizabeth Phelps (2007), 'Emerging Perspectives on Emotion-Cognition Interactions', TRENDS in Cognitive Sciences, 11, 317-18.

Elizabeth Phelps (2006), 'Emotion and Cognition: Insights from Studies of the Human Amygdala', Annual Review of Psychology, 57, 27-53.

Charles R. Plott (1996), 'Rational Individual Behavior in Markets and Social Choice Processes: The Discovered Preference Hypothesis', in Kenneth J. Arrow, Enrico Colombatto, Mark Perlman and Christian Schmidt (eds), The Rational Foundations of Economic Behavior. London: Macmillan, 225-50.

George L. Priest and Benjamin Klein (1984), 'The Selection of Disputes for Litigation', Journal of Legal Studies, 13, 1-55.

Dominique J.-F. de Quervain, Urs Fischbacher, Valerie Treyer, Melanie Schellhammer, Ulrich Schnyder, Alfred Buck, and Ernst Fehr (2004), 'The Neural Basis of Altruistic Punishment', Science, 305, 1254-8.

Jeffrey Rachlinski (2003), 'The Uncertain Psychological Case for Paternalism', Northwestern University Law Review, 97, 1165-226

Jeffrey Rachlinski and Forrest Jourdan (1998), 'Remedies and the Psychology of Ownership', Vanderbilt Law Review, 51, 1541-82.

James K. Rilling, David A. Gutman, Thorsten R. Zeh, Giuseppe Pagnoni, Gregory S. Berns, and Clinton D. Kilts (2002), 'A Neural Basis for Social Cooperation', Neuron, 35, 395-405.

Jennifer K. Robbennolt and Christina A. Studebaker (1999), 'Anchoring in the Courtroom: The Effect of Caps on Punitive Damages', Journal of Law and Human Behavior, 23, 353-73.

Roberta Romano (1986), 'A Comment on Information Overload, Cognitive Illusions, and Their Implications for Public Policy', Southern California Law Review, 59, 313-27.

William Samuelson and Richard Zeckhauser (1988), 'Status Quo Bias in Decision Making', Journal of Risk and Uncertainty, 1, 7-59.

Alan G. Sanfey, George Lowenstein, Samuel M. McClure, and Jonathan D. Cohen (2006), 'Neuroeconomics: Cross-Currents in Research on Decision-making', Trends in Cognitive Sciences, 10, 108-16.

Alan G. Sanfey, James K. Rilling, Jessica A. Aronson, Leigh E. Nystrom, and Jonathan D. Cohen (2003), 'The Neural Basis of Economic Decision-Making in the Ultimatum Game', Science, 300, 1755-8.

Karl Sigmund, Ernst Fehr, and Martin Nowak (2002), 'The Economics of Fair Play', Scientific American, 286, 83-7.

J. Shogren, S. Shin, J. Kliebenstein, and D. Hayes (1994), 'Resolving Differences in Willingness to Pay and Willingness to Accept', American Economic Review, 84, 259-64.

Paul Slovic and Baruch Fischhoff (1977), 'On the Psychology of Experimental Surprises', Journal of Experimental Psychology: Human Perception and Performance, 3, 544-51.

M.J. Stallard and D.L. Worthington (1998), 'Reducing the Hindsight Bias Utilizing Attorney Closing Arguments', Journal of Law and Human Behavior, 22, 671-81.

Michael Strahilevitz and George Loewenstein, (1998), 'The Effects of Ownership History on the Valuation of Objects', Journal of Consumer Research, 25, 276-89.

Cass R. Sunstein, David A. Schkade, and Daniel Kahneman (2000), 'Do People Want Optimal Deterrence?', Journal of Legal Studies, 29, 237-54.

Cass R. Sunstein, Daniel Kahneman, David A. Schkade, and Ilana Ritov (2002), 'Predictably Incoherent Judgements', Stanford Law Review, 54, 1153-1215.

Taiki Takahashi, Kikue Sakaguchi, Mariko Oki, Seijiro Homma, and Toshikazu Hasegawa (2006), 'Testosterone Levels and Discounting Delayed Monetary Gains and Losses in Male Humans', Neuroendocrinology Letters, 27, 439-44.

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Sabrina M. Tom, Craig R. Fox, Christopher Trepel, and Russell A. Poldrack (2007), 'The Neural Basis of Loss Aversion in Decision-Making Under Risk', Science, 315, 515-18.

Amos Tversky and Daniel Kahneman (1974), 'Judgment under Uncertainty: Heuristics and Biases', Science, 185, 1124-31.

Amos Tversky and Daniel Kahneman (1981), 'The Framing of Decisions and the Psychology of Choice', Science, 211, 453-8

Amos Tversky and Daniel Kahneman (1983), 'Extensional versus Intuitive Reasoning: The Conjunction Fallacy in Probability Judgment', Psychology Review, 90, 293-315.

Amos Tversky and Daniel Kahneman (1991), 'Loss Aversion in Riskless Choice: A Reference-Dependent Model', Quarterly Journal of Economics, 106, 1039-61.

Leaf Van Boven, George Loewenstein, and David Dunning (2003), 'Mispredicting the Endowment Effect: Underestimation of Owners' Selling Prices by Buyer's Agents', Journal of Economic Behavior and Organization, 51, 351-65.

W. Kip Viscusi (1999), 'How Do Judges Think about Risk?', American Law and Economics Review, 1, 26-62.

W. Kip Viscusi (2001), 'Jurors, Judges, and the Mistreatment of Risk by the Courts', Journal of Legal Studies, 30, 107-42.

D.M. Wagner and T.P. Wheatley (1999), 'Apparent Mental Causation: Sources of the Experience of Will', American Psychologist, 54, 480-92.

Roberto Weber and Colin Camerer (2003), 'Cultural Conflict and Merger Failure: An Experimental Approach', Management Science, 49, 400-15.

Neil D. Weinstein (1980), 'Unrealistic Optimism about Future Events', Journal of Personality and Social Psychology, 39, 806-20.

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Andrew Wistrich, Christopher Guthrie, and Jeffrey Rachlinski (2005), 'Can Judges Ignore Inadmissible Information? The Difficulty of Deliberately Disregarding', University of Pennsylvania Law Review, 153,1251-345.

Paul J. Zak, Robert Kurzban, and William T. Matzner (2005), 'Oxytocin is Associated with Human Trustworthiness', Hormones and Behavior, 48, 522-7.

Paul Zak and Ahlam Fakhar (2006), 'Neuroactive Hormones and Interpersonal Trust: International Evidence', Economics and Human Biology, 4, 412-29.

Elizabeth Hoffman and Matthew Spitzer (1982), 'The Coase Theorem: Some Experimental Tests', Journal of Law and Economics, XXV, April, 73-98

Stewart Schwab (1988), 'A Coasean Experiment on Contract Presumptions', Journal of Legal Studies, XVII, June, 237-68

Rachel Croson and Jason Scott Johnston (2000), 'Experimental Results on Bargaining Under Alternative Property Rights Regimes', Journal of Law, Economics, and Organization, 16 (1), 50-73

Daniel Kahneman, Jack L. Knetsch and Richard H. Thaler (1990), 'Experimental Tests of the Endowment Effect and the Coase Theorem', Journal of Political Economy, 98 (6), 1325-48

Jennifer Arlen, Matthew Spitzer and Eric Talley (2002), 'Endowment Effects within Corporate Agency Relationships', Journal of Legal Studies, XXXI, January, 1-37

Charles R. Plott and Kathryn Zeiler (2005), 'The Willingness to Pay-Willingness to Accept Gap, the "Endowment Effect", Subject Misconceptions, and Experimental Procedures for Eliciting Valuations', American Economic Review, 95 (3), June, 530-45

Edward J. McCaffery, Daniel J. Kahneman and Matthew L. Spitzer (1995), 'Framing the Jury: Cognitive Perspectives on Pain and Suffering Awards', Virginia Law Review, 81, 1341-87, 1403-20

Russell Korobkin and Chris Guthrie (1997), 'Psychology, Economics, and Settlement: A New Look at the Role of the Lawyer', Texas Law Review, 76, 77-121, 137-41

Linda Babcock, George Loewenstein, Samuel Issacharoff and Colin Camerer (1995), 'Biased Judgments of Fairness in Bargaining', American Economic Review, 85 (5), December, 1337-43

George Loewenstein and Don A. Moore (2004), 'When Ignorance is Bliss: Information Exchange and Inefficiency in Bargaining', Journal of Legal Studies, 33 (1), January, 37-58

Linda Babcock, George Loewenstein and Samuel Issacharoff (1998), 'Creating Convergence: Debiasing Biased Litigants', Law and Social Inquiry, 22, 913-25

Greg Pogarsky and Linda Babcock (2001), 'Damage Caps, Motivated Anchoring, and Bargaining Impasse', Journal of Legal Studies, XXX, January, 143-59

Elizabeth Hoffman, Kevin McCabe, Keith Shachat and Vernon Smith (1994), 'Preferences, Property Rights, and Anonymity in Bargaining Games', Games and Economic Behavior, 7, 346-80

Elizabeth Hoffman, Kevin McCabe and Vernon L. Smith (1996), 'Social Distance and Other-Regarding Behavior in Dictator Games', American Economic Review, 86 (3), June, 653-60

Robert H. Frank, Thomas Gilovich and Dennis T. Regan (1993), 'Does Studying Economics Inhibit Cooperation?', Journal of Economic Perspectives, 7 (2), Spring, 159-71

Ernst Fehr, Alexander Klein and Klaus M. Schmidt (2007), 'Fairness and Contract Design', Econometrica, 75 (1), January, 121-54

Iris Bohnet, Bruno S. Frey and Steffen Huck (2001), 'More Order with Less Law: On Contract Enforcement, Trust, and Crowding', American Political Science Review, 95 (1), March, 131-44

Daylian M. Cain, George Loewenstein and Don A. Moore (2005), 'The Dirt on Coming Clean: Perverse Effects of Disclosing Conflicts of Interest', Journal of Legal Studies, 34 (1), January, 1-25

Lewis Kornhauser and Andrew Schotter (1990), 'An Experimental Study of Single-Actor Accidents', Journal of Legal Studies, XIX, January, 203-33

Uri Gneezy and Aldo Rustichini (2000), 'A Fine Is a Price', Journal of Legal Studies, XXIX, January, 1-17

Kim A. Kamin and Jeffrey J. Rachlinski (1995), 'Ex Post =/= Ex Ante: Determining Liability in Hindsight', Law and Human Behavior, 19 (1), 89-104

Alison C. Smith and Edith Greene (2005), 'Conduct and its Consequences: Attempts at Debiasing Jury Judgments', Law and Human Behavior, 29 (5), October, 505-26

W. Kip Viscusi and Richard J. Zeckhauser (2004), 'The Denominator Blindness Effect: Accident Frequencies and the Misjudgment of Recklessness', American Law and Economics Review, 6 (1), 72-94

Chris Guthrie, Jeffrey J. Rachlinski and Andrew J. Wistrich (2001), 'Inside the Judicial Mind', Cornell Law Review, 86, 777-830

David Schkade, Cass R. Sunstein and Daniel Kahneman (2000), 'Deliberating About Dollars: The Severity Shift', Columbia Law Review, 100, 1139-75

Serena Guarnaschelli, Richard D. McKelvey and Thomas R. Palfrey (2000), 'An Experimental Study of Jury Decision Rules', American Political Science Review, 94 (2), June, 407-23.

Notes:

The recommended readings are available in the print version, or may be available via the link to your library's holdings.

Includes bibliographical references and index.

ISBN:

1-78536-647-5

OCLC:

236120486