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THE LAW AND ECONOMICS OF IRRATIONAL BEHAVIOR

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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.

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Availability

10008202

330.0115 PAR l

RLC MM (Rak Buku Umum)

Available

Detail Information

Series Title

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Statement of Responsibility

Francesco Parisi

Call Number

330.0115 PAR l

Publisher

Stanford, Calif. : Stanford University Press., 2005

Collation

xvi, 613 p. : ill. ; 23 cm.

Language

English

ISBN/ISSN

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Classification

330.0115

Content Type

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Edition

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Subject(s)

Buku Umum
United States
Economic Aspects
Law and Economics
Rational Choice Theory
Deviant Behavior
Law

Specific Detail Info

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