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Behavioral law and economics /

Behavioral law and economics / edited by Cass R. Sunstein - New York : Cambridge University Press, 2000. - xiv, 431 p. : 24 cm. - Cambridge series on judgment and decision making .

Introduction-
Part I. Overviews and prospects-
1. A behavioral approach to law and economics-
Part II. Heuristics and biases: shortcuts, errors and legal decisions-
2. Context-dependence in legal decision-making-
3. A positive psychological theory of judging in hindsight-
4. Behavioral economics, contract formation, and contract law-
5. Organized illusions: a behavioral theory of why corporations mislead stock market investors (and cause other social harms)-
6. Reluctance to vaccinate: omission bias and ambiguity-
7. Second-order decisions-
Part III. Valuation: values and dollars in the legal system-
8. Experimental tests of the endowment effect and the cause theorem-
9. Assessing punitive damages (with notes on cognition and valuation in law)-
10. Framing the jury: cognitive perspective on pain and suffering award-
11. Behavioral economic analysis of redistributive legal rules-
12. Do parties to nuisance cases bargain after judgment? A glimpse inside the cathedral-
Part IV. The demand for law: why law is as it is-
13. Some implications of cognitive psychology for risk regulation-
14. Explaining bargaining impasse: the role of self-serving biases-
15. Controlling availability cascades-
16. Cognitive theory and tax-
Index.


9780521667432 (pbk)


Law and economics--Psychological aspects.

330.01 SUN