Showing 1 - 10 of 29
Judges are human beings. Is their behavior therefore subject to the same effects that psychology and behavioral economics have documented for convenience samples, like university students? Does that fact that they decide on behalf of third parties moderate their behavior? In which ways does the...
Persistent link: https://www.econbiz.de/10014327022
Legal research is a repeat offender - in the best sense of the term - when it comes to making use of empirical and experimental methods borrowed from other disciplines. We anticipate that the field's response to developments in eye-tracking research will be no different. Our aim is to aid legal...
Persistent link: https://www.econbiz.de/10014327023
Die Juristen haben eine gespaltene Beziehung zu Treu und Glauben. Es soll gerecht zugehen. Deshalb sollen treuwidrige Entscheidungen vermieden werden. Aber für den offenen Rückgriff auf normative Wertungen haben Juristen keine spezifische professionelle Kompetenz. Dieser Beitrag macht aus der...
Persistent link: https://www.econbiz.de/10014471648
Why do people punish experienced unfairness if it induces costs for both the punisher and punished person(s) without any direct material benefits for the punisher? Economic theories of fairness propose that punishers experience disutility from disadvantageous inequality and punish in order to...
Persistent link: https://www.econbiz.de/10015046530
We report on our test of the Large Language Model (LLM) ChatGPT (GPT) as a tool for generating evidence of the ordinary meaning of statutory terms, We explain why the most useful evidence for interpretation involves a distribution of replies rather than only what GPT regards as the single "best"...
Persistent link: https://www.econbiz.de/10015046539
Persistent link: https://www.econbiz.de/10015046571
The German Constitutional Court has powers that are no weaker than the powers of the US Supreme Court. Justices are openly selected by the political parties. Nonetheless, public and professional perception are strikingly different. Justices at the German court are not believed to be guided by...
Persistent link: https://www.econbiz.de/10015046572
Large Language Models (LLMs) have the potential to profoundly transform and enrich experimental economic research. We propose a new software framework, "alter_ego", which makes it easy to design experiments between LLMs and to integrate LLMs into oTree-based experiments with human subjects. Our...
Persistent link: https://www.econbiz.de/10015046579
Persistent link: https://www.econbiz.de/10015046590
Behavioral law and economics applies the conceptual tools of behavioral economics to the analysis of legal problems and legal intervention. These models, and the experiments to test them, assume an institution free state of nature. In modern societies, the law's subjects never see this state of...
Persistent link: https://www.econbiz.de/10011789576