{"product_id":"behavioral-law-and-economics-hardback-9780521661355","title":"Behavioral Law and Economics (Hardback) 9780521661355","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eBehavioral Law and Economics\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eAnalyzes law with reference to new findings in cognitive psychology and behavioral economics.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eCass R. Sunstein (Edited by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521661355, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 28 March 2000\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e448 pages, 42 b\/w illus.  29 tables\u003cbr\u003e22.9 x 15.2 x 2.9 cm, 0.83 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"...the essays in this book provide a clear and vivid introduction into a research program that promises to illuminate our understanding of how law influences behavior.\"    New York Law Journal\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThis exciting volume marks the birth of a new field, one which attempts to study law with reference to an accurate understanding of human behavior. It reports new findings in cognitive psychology which show that people are frequently both unselfish and over-optimistic; that people have limited willpower and limited self-control; and that people are 'boundedly' rational, in the sense that they have limited information-processing powers, and frequently rely on mental short-cuts and rules of thumb. Understanding this behavior has large-scale implications for the analysis of law, in areas including environmental protection, taxation, constitutional law, voting behavior, punitive damages for civil rights violations, labor negotiations, and corporate finance. With a better knowledge of human behavior, it is possible to predict the actual effects of law, to see how law can promote society's goals, and to reassess the questions of what law should be doing.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eIntroduction Cass R. Sunstein\u003cbr\u003e Part I. Overviews and Prospects: 1. A behavioral approach to law and economics Christine Jolls, Cass R. Sunstein and Richard Thaler\u003cbr\u003e Part II. Heuristics and Biases: Shortcuts, Errors and Legal Decisions: 2. Context-dependence in legal decision making Mark Kelman, Yuval Rottenstreich and Amos Tversky\u003cbr\u003e 3. A positive psychological theory of judging in hindsight Jeffrey J. Rachlinski\u003cbr\u003e 4. Behavioral economics, contract formation, and contract law Russell Korobkin\u003cbr\u003e 5. Organized illusions: a behavioral theory of why corporations mislead stock market investors (and cause other social harms) Donald C. Langevoort\u003cbr\u003e 6. Reluctance to vaccinate: omission bias and ambiguity Ilana Ritov and Jonathan Baron\u003cbr\u003e 7. Second-order decisions Cass R. Sunstein and Edna Ullmann-Margalit\u003cbr\u003e Part III. Valuation: Values and Dollars in the Legal System: 8. Experimental tests of the endowment effect and the cause theorem Daniel J. Kahneman, Jack L. Knetsch and Richard H. Thaler\u003cbr\u003e 9. Assessing punitive damages (with notes on cognition and valuation in law) Cass R. Sunstein, Daniel J. Kahneman and David Schkade\u003cbr\u003e 10. Framing the jury: cognitive perspective on pain and suffering award Edward J. McCaffery, Daniel J. Kahneman and Matthew L. Spitzer\u003cbr\u003e 11. Behavioral economic analysis of redistributive legal rules Christine Jolls\u003cbr\u003e 12. Do parties to nuisance cases bargain after judgment? A glimpse inside the cathedral Ward Fransworth\u003cbr\u003e Part IV. The Demand for Law: Why Law Is As It Is: 13. Some implications of cognitive psychology for risk regulation Roger G. Noll and James E. Krier\u003cbr\u003e 14. Explaining bargaining impasse: the role of self-serving biases Linda Babcock and George Loewenstein\u003cbr\u003e 15. Controlling availability cascades Timur Kuran and Cass R. Sunstein\u003cbr\u003e 16. Cognitive theory and tax Edward J. McCaffery.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Psychology [\u003ca title=\"See our other books on Psychology\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Psychology%20%5BJM%5D%22\"\u003eJM\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46251987206424,"sku":"9780521661355","price":105.59,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521661355i.jpg?v=1691927870","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/behavioral-law-and-economics-hardback-9780521661355","provider":"Freshly Printed Books","version":"1.0","type":"link"}