D, Cooter Robert; Michal, Feldman; Yuval, Feldman - In: Review of Law & Economics 4 (2008) 3, pp. 889-911
This study combines the psychology of bias and the economics of equilibrium. We focus on two of the most discussed perceptual biases found by psychologists who studied the role social norms in ethical decision making. First, psychologists found a general tendency of people to over-estimate how...