Behavioral Law and Economics (Cambridge Series on Judgment and Decision Making) - Image 1

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

Name: Behavioral Law and Economics (Cambridge Series on Judgment and Decision Making)
Brand: Cambridge University Press
Price: 92.29 GBP
Availability: InStock

Theory & Philosophy

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Description

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.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521661358
Category: Books > Subjects > Business, Finance & Law > Economics > Theory & Philosophy
Domain: Amazon UK
Release Date: 28 March 2000
Listed Since: 22 December 2006

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

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