The Law and Economics of Irrational Behavior / edited by Francesco Parisi, Vernon L. Smith.
Bar-Gill, Oren contributor, contributor.; Ben-Shahar, Omri contributor, contributor.; Buckley, F. H., contributor. contributor.; Caulkins, Jonathan, contributor, contributor.; Chorvat, Terrence, contributor, contributor.; Cooter, Robert contributor, contributor.; Feldman, Yuval, 1971- contributor, contributor.; Fon, Vincy contributor, contributor.; Frank, Robert H. contributor., contributor.; Gigerenzer, Gerd contributor, contributor.; Grady, Mark F. contributor., contributor.; Hoffman, Elizabeth contributor, contributor.; Huang, Peter H., contributor. contributor.; Jolls, Christine, contributor, contributor.; La Blanc, Gregory, contributor, contributor.; MacCoun, Robert, contributor, contributor.; McCabe, Kevin contributor, contributor.; Morse, Stephen J. contributor., contributor.; Novarese, Marco contributor, contributor.; O'Neill, Michael E. contributor., contributor.; Parisi, Francesco contributor, contributor.; Parisi, Francesco editor.; Posner, Eric A., 1965- contributor., contributor.; Rachlinski, Jeffrey J., contributor. contributor.; Rizzello, Salvatore, 1963- contributor, contributor.; Skog, Ole-Jørgen contributor, contributor.; Smith, Vernon L. editor.; Smith, Vernon contributor, contributor.; Sunstein, Cass R. contributor., contributor.; Ulen, Thomas contributor., contributor.
2022
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Title
The Law and Economics of Irrational Behavior / edited by Francesco Parisi, Vernon L. Smith.
Added Author
Bar-Gill, Oren contributor, contributor.
Ben-Shahar, Omri contributor, contributor.
Buckley, F. H., contributor. contributor.
Caulkins, Jonathan, contributor, contributor.
Chorvat, Terrence, contributor, contributor.
Cooter, Robert contributor, contributor.
Feldman, Yuval, 1971- contributor, contributor.
Fon, Vincy contributor, contributor.
Frank, Robert H. contributor., contributor.
Gigerenzer, Gerd contributor, contributor.
Grady, Mark F. contributor., contributor.
Hoffman, Elizabeth contributor, contributor.
Huang, Peter H., contributor. contributor.
Jolls, Christine, contributor, contributor.
La Blanc, Gregory, contributor, contributor.
MacCoun, Robert, contributor, contributor.
McCabe, Kevin contributor, contributor.
Morse, Stephen J. contributor., contributor.
Novarese, Marco contributor, contributor.
O'Neill, Michael E. contributor., contributor.
Parisi, Francesco contributor, contributor.
Parisi, Francesco editor.
Posner, Eric A., 1965- contributor., contributor.
Rachlinski, Jeffrey J., contributor. contributor.
Rizzello, Salvatore, 1963- contributor, contributor.
Skog, Ole-Jørgen contributor, contributor.
Smith, Vernon L. editor.
Smith, Vernon contributor, contributor.
Sunstein, Cass R. contributor., contributor.
Ulen, Thomas contributor., contributor.
Ben-Shahar, Omri contributor, contributor.
Buckley, F. H., contributor. contributor.
Caulkins, Jonathan, contributor, contributor.
Chorvat, Terrence, contributor, contributor.
Cooter, Robert contributor, contributor.
Feldman, Yuval, 1971- contributor, contributor.
Fon, Vincy contributor, contributor.
Frank, Robert H. contributor., contributor.
Gigerenzer, Gerd contributor, contributor.
Grady, Mark F. contributor., contributor.
Hoffman, Elizabeth contributor, contributor.
Huang, Peter H., contributor. contributor.
Jolls, Christine, contributor, contributor.
La Blanc, Gregory, contributor, contributor.
MacCoun, Robert, contributor, contributor.
McCabe, Kevin contributor, contributor.
Morse, Stephen J. contributor., contributor.
Novarese, Marco contributor, contributor.
O'Neill, Michael E. contributor., contributor.
Parisi, Francesco contributor, contributor.
Parisi, Francesco editor.
Posner, Eric A., 1965- contributor., contributor.
Rachlinski, Jeffrey J., contributor. contributor.
Rizzello, Salvatore, 1963- contributor, contributor.
Skog, Ole-Jørgen contributor, contributor.
Smith, Vernon L. editor.
Smith, Vernon contributor, contributor.
Sunstein, Cass R. contributor., contributor.
Ulen, Thomas contributor., contributor.
Imprint
Stanford, CA : Stanford University Press, [2022]
Copyright
©2005
Description
1 online resource (632 p.) : 20 tables, 27 figures
Formatted Contents Note
Frontmatter
Contents
Tables and Figures
Acknowledgments
Contributors
Introduction
I. Irrationality and Bounded Rationality in Law, Psychology, and Economics
Chapter 1. Departures from Rational Choice: With and Without Regret
Chapter 2. Is the Mind Irrational or Ecologically Rational?
Chapter 3. Lessons from Neuroeconomics for the Law
Chapter 4. Treating Yourself Instrumentally: Internalization, Rationality, and the Law
II. The Economics of Irrational Behavior
Chapter 5. Addiction, Choice, and Irrationality
Chapter 6. Revenge and Retaliation
Chapter 7. What Makes Trade Possible?
Chapter 8. Satisfaction and Learning: An Experimental Game to Measure Happiness
Chapter 9. The Market for Laughter
III. The Jurisprudence of Irrational Behavior: Rethinking Law as a Behavioral Instrument
Chapter 10. The Jurisprudence of Craziness
Chapter 11. On Law Enforcement with Boundedly Rational Actors
Chapter 12. The Biology of Irrationality: Crime and the Contingency of Deterrence
Chapter 13. Analyzing Illicit Drug Markets When Dealers Act with Limited Rationality
Chapter 14. On the Psychology of Punishment
Chapter 15. Some Well-Aged Wines for the "New Norms" Bottles: Implications of Social Psychology for Law and Economics
IV. Irrational Behavior and the Design of Law
Chapter 16. Human Fallibility and the Forms of Law: The Case of Traffic Safety
Chapter 17. The Free Radicals of Tort
Chapter 18. Probability Errors: Some Positive and Normative Implications for Tort and Contract Law
Chapter 19. Threatening an "Irrational" Breach of Contract
Chapter 20. Regulating Irrational Exuberance and Anxiety in Securities Markets
Chapter 21. In Praise of Investor Irrationality
Index
Contents
Tables and Figures
Acknowledgments
Contributors
Introduction
I. Irrationality and Bounded Rationality in Law, Psychology, and Economics
Chapter 1. Departures from Rational Choice: With and Without Regret
Chapter 2. Is the Mind Irrational or Ecologically Rational?
Chapter 3. Lessons from Neuroeconomics for the Law
Chapter 4. Treating Yourself Instrumentally: Internalization, Rationality, and the Law
II. The Economics of Irrational Behavior
Chapter 5. Addiction, Choice, and Irrationality
Chapter 6. Revenge and Retaliation
Chapter 7. What Makes Trade Possible?
Chapter 8. Satisfaction and Learning: An Experimental Game to Measure Happiness
Chapter 9. The Market for Laughter
III. The Jurisprudence of Irrational Behavior: Rethinking Law as a Behavioral Instrument
Chapter 10. The Jurisprudence of Craziness
Chapter 11. On Law Enforcement with Boundedly Rational Actors
Chapter 12. The Biology of Irrationality: Crime and the Contingency of Deterrence
Chapter 13. Analyzing Illicit Drug Markets When Dealers Act with Limited Rationality
Chapter 14. On the Psychology of Punishment
Chapter 15. Some Well-Aged Wines for the "New Norms" Bottles: Implications of Social Psychology for Law and Economics
IV. Irrational Behavior and the Design of Law
Chapter 16. Human Fallibility and the Forms of Law: The Case of Traffic Safety
Chapter 17. The Free Radicals of Tort
Chapter 18. Probability Errors: Some Positive and Normative Implications for Tort and Contract Law
Chapter 19. Threatening an "Irrational" Breach of Contract
Chapter 20. Regulating Irrational Exuberance and Anxiety in Securities Markets
Chapter 21. In Praise of Investor Irrationality
Index
Summary
This collection of essays explores the most relevant developments at the interface of economics and psychology, giving special attention to models of irrational behavior, and draws the relevant implications of such models for the design of legal rules and institutions. The application of economic models of irrational behavior to law is especially challenging because specific departures from rational behavior differ markedly from one another. Furthermore, the analytical and deductive instruments of economic theory have to be reshaped to deal with the fragmented and heterogeneous findings of psychological research, turning towards a more experimental and inductive methodology. This volume brings together pioneering scholars in this area, along with some of the most exciting developments in the field of legal and economic theory. Areas of application include criminal law and sentencing, tort law, contract law, corporate law, and financial markets.
Language Note
In English.
System Details Note
Mode of access: Internet via World Wide Web.
Source of Description
Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Jun 2022)
Location
www
In
Title is part of eBook package: Stanford University Press Backlist eBook-Package 2000-2013 De Gruyter
Available in Other Form
print
Access Note
restricted access (http://purl.org/coar/access_right/c_16ec) online access with authorization
Alternate Title
DeGruyter online
Language
English
ISBN
9781503625174
Record Appears in