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This is a chapter of our book titled Law, Economics, and Morality (OUP, 2010), in which we propose to integrate threshold deontological constraints (and options) with cost-benefit analysis, thus combining economic methodology with moderate (threshold) deontological morality. This chapter...
Persistent link: https://www.econbiz.de/10014136676
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
Persistent link: https://www.econbiz.de/10012881242
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