Skip to Main Content

Behavioral Law and Economics: Book Carousel

This interdisciplinary guide focuses on topical databases such as economics, psychology, science and the social sciences. It also covers some legal resources such as SSRN. #behavioraleconomics #behaviorallaw

Book Carousel

Behavioral Law and Economics

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.

Creative Commons License
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.