Non-Fiction Books:

Behavioral Law and Economics

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Paperback / softback
$153.99
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Description

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.
Release date Australia
March 28th, 2000
Audience
  • Professional & Vocational
Contributor
  • Edited by Cass R. Sunstein
Illustrations
29 Tables, unspecified; 42 Line drawings, unspecified
Pages
448
Dimensions
151x228x22
ISBN-13
9780521667432
Product ID
2124801

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