Showing 1 - 10 of 15
Persistent link: https://www.econbiz.de/10014141193
In the past few decades, economic analysis of law has been challenged by a growing body of experimental and empirical studies that attest to prevalent and systematic deviations from the assumptions of economic rationality. While the findings on bounded rationality and heuristics and biases were...
Persistent link: https://www.econbiz.de/10012915680
Persistent link: https://www.econbiz.de/10012881234
Persistent link: https://www.econbiz.de/10012806406
This Article introduces the concept of nudge — low cost behaviorally informed modes of regulation that influence peoples' decisions without limiting their choice set — into the behavioural analysis of international law. The Article sketches out the pathways through which nudges might...
Persistent link: https://www.econbiz.de/10012842538
Persistent link: https://www.econbiz.de/10014548344
Persistent link: https://www.econbiz.de/10012299532
This Article presents the first comprehensive analysis of the contribution of behavioral science to the legal response to the COVID-19 pandemic. At the descriptive level, the Article shows how behavioral insights were incorporated into the political debate regarding the legal response to the...
Persistent link: https://www.econbiz.de/10013234141
Economic analysis, and economic analysis of law in particular, ordinarily assumes that paternalism and efficiency are incompatible bases for analyzing and evaluating rules and actions. Most economists reject paternalism as inefficient. By appealing to the theoretical foundations of normative...
Persistent link: https://www.econbiz.de/10014049411
The market for legal services, and particularly lawyers' Contingent Fee (CF) arrangements, have been extensively studied from legal, economic and sociological standpoints, but curiously not from a behavioral perspective. Building on Kahneman and Tversky's Prospect Theory, this paper presents a...
Persistent link: https://www.econbiz.de/10014220839