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Behavioral Law and Economics (Cambridge Series on Judgment and Decision Making)

by (Cambridge University Press)

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This exciting volume marks the birth of a new field, one which attempts to study law with reference to an accurate understanding of human behavior. It reports new findings in cognitive psychology which show that people are frequently both unselfish and over-optimistic; that people have limited willpower and limited self-control; and that people are 'boundedly' rational, in the sense that they have limited information-processing powers, and frequently rely on mental short-cuts and rules of thumb. Understanding this behavior has large-scale implications for the analysis of law, in areas including environmental protection, taxation, constitutional law, voting behavior, punitive damages for civil rights violations, labor negotiations, and corporate finance. With a better knowledge of human behavior, it is possible to predict the actual effects of law, to see how law can promote society's goals, and to reassess the questions of what law should be doing.

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  • We started tracking this book on February 26, 2017.
  • This book was $44.00 when we started tracking it.
  • The price of this book has changed 262 times in the past 2,654 days.
  • The current price of this book is $47.49 last checked 21 hours ago.
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  • This lowest price this book has been offered at in the past year is $46.62.
  • The lowest price to date was $30.63 last reached on April 29, 2018.
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  • The highest price to date was $61.74 last reached on February 22, 2024.
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Additional Info

  • Publication Date: March 28, 2000
  • Text-to-Speech: Disabled
  • Lending: Disabled
  • Print Length: 448 Pages
  • File Size: 7,481 KB

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