Showing 1 - 10 of 61
Persistent link: https://www.econbiz.de/10005584960
Individuals often repeatedly face a choice of whether to obey a particular legal rule. Conventional legal scholarship assumes that whether such a choice is made repeatedly or is a one-time event has no effect on individuals' decisions. In either case, individuals are expected to maximize their...
Persistent link: https://www.econbiz.de/10014070478
This article uncovers the role of framing in the determination of negligence. Negligence disputes fall into two categories: cases in which injurers inflicted harm while seeking to avoid a loss to themselves (loss frame), and those in which they were seeking to obtain a personal gain (gain...
Persistent link: https://www.econbiz.de/10013294470
Persistent link: https://www.econbiz.de/10012881219
Persistent link: https://www.econbiz.de/10009948171
Under the formal procedural rules, fact-finders are required to apply a uniform standard of proof in all criminal cases. Experimental studies as well as real world examples indicate, however, that fact-finders often adjust the evidentiary threshold for conviction in accordance with the severity...
Persistent link: https://www.econbiz.de/10014184643
Under the conventional tort law paradigm, a tortfeasor behaves unreasonably where two conditions are met: The tortfeasor could have averted the harm by investing in cost-effective precautions and failed to do so, and other, more cost-effective precautions were not available to the victim. Torts...
Persistent link: https://www.econbiz.de/10014052026
Injurers often purchase the property of potential victims to avoid liability or to comply with regulations. This paper shows that injurers subject to cost-benefit standards could profit from buying out victims even if they attach no value to the victims' property. Because buyouts allow injurers...
Persistent link: https://www.econbiz.de/10014102658
The chapter, in the Oxford Handbook of Behavioral Economics and the Law, discusses the contributions of cognitive psychology and behavioral studies to the research of tort law. These contributions, we show, relate to a wide range of issues in torts: from the basic decision to impose tort...
Persistent link: https://www.econbiz.de/10014142309
Looking to curb potential liability and comply with regulatory standards, many large-scale injurers now offer nearby residents to purchase their property and help them relocate to safer areas. Because the relocation of potential victims reduces the risk of harm and saves litigation costs,...
Persistent link: https://www.econbiz.de/10013034871