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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.
Law and economics --- Economics and jurisprudence --- Economics and law --- Jurisprudence and economics --- Economics --- Jurisprudence --- Psychological aspects --- Law and economics - Psychological aspects
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This 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.
Economic analysis of law --- Legal theory and methods. Philosophy of law --- Social psychology --- -Economics and jurisprudence --- Economics and law --- Jurisprudence and economics --- Law and economics --- Psychological aspects. --- Economics and jurisprudence --- Psychological aspects --- Economics --- Jurisprudence --- Health Sciences --- Psychiatry & Psychology --- Law and economics - Psychological aspects
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Law and economics --- Economics --- Human behavior models --- Behavioral modeling --- Behavioral models --- Modeling human behavior --- Models of behavior --- Psychology --- Behavioral economics --- Behavioural economics --- Economics and jurisprudence --- Economics and law --- Jurisprudence and economics --- Jurisprudence --- Psychological aspects --- Economic aspects --- Methodology --- Psychological aspects. --- Economic aspects. --- Law and economics - Psychological aspects --- Economics - Psychological aspects --- Human behavior models - Economic aspects
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