The Law And Economics Of Irrational Behavior PDF Download
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Author | : Francesco Parisi |
Publisher | : Stanford University Press |
Total Pages | : 634 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9780804751445 |
Download The Law and Economics of Irrational Behavior Book in PDF, ePub and Kindle
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.
Author | : Eyal Zamir |
Publisher | : Oxford University Press |
Total Pages | : 641 |
Release | : 2018 |
Genre | : Economics |
ISBN | : 0190901349 |
Download Behavioral Law and Economics Book in PDF, ePub and Kindle
Economic analysis of law: an overview -- Behavioral studies -- An overview of behavioral law and economics -- Normative implications -- Behavioral insights and basic features of the law -- Property law -- Contract law -- Consumer contracts -- Tort law -- Commercial law -- Administrative, constitutional, and international law -- Criminal law and enforcement -- Tax law and redistribution -- Litigants' behavior -- Judicial decision-making -- Evidence law
Author | : Gary S. Becker |
Publisher | : University of Chicago Press |
Total Pages | : 321 |
Release | : 2013-02-06 |
Genre | : Business & Economics |
ISBN | : 022621706X |
Download The Economic Approach to Human Behavior Book in PDF, ePub and Kindle
Since his pioneering application of economic analysis to racial discrimination, Gary S. Becker has shown that an economic approach can provide a unified framework for understanding all human behavior. In a highly readable selection of essays Becker applies this approach to various aspects of human activity, including social interactions; crime and punishment; marriage, fertility, and the family; and "irrational" behavior. "Becker's highly regarded work in economics is most notable in the imaginative application of 'the economic approach' to a surprising breadth of human activity. Becker's essays over the years have inevitably inspired a surge of research activity in testimony to the richness of his insights into human activities lying 'outside' the traditionally conceived economic markets. Perhaps no economist in our time has contributed more to expanding the area of interest to economists than Becker, and a number of these thought-provoking essays are collected in this book."—Choice Gary Becker was awarded the Nobel Prize in Economic Science in 1992.
Author | : David K. Levine |
Publisher | : Open Book Publishers |
Total Pages | : 154 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 1906924929 |
Download Is Behavioral Economics Doomed? Book in PDF, ePub and Kindle
In this book, David K. Levine questions the idea that behavioral economics is the answer to economic problems. He explores the successes and failures of contemporary economics both inside and outside the laboratory, and asks whether popular behavioral theories of psychological biases are solutions to the failures. The book not only provides an overview of popular behavioral theories and their history, but also gives the reader the tools for scrutinizing them.
Author | : Eyal Zamir |
Publisher | : Oxford Handbooks |
Total Pages | : 841 |
Release | : 2014 |
Genre | : Business & Economics |
ISBN | : 0199945470 |
Download The Oxford Handbook of Behavioral Economics and the Law Book in PDF, ePub and Kindle
'The Oxford Handbook of Behavioral Economics and Law' brings together leading scholars of law, psychology, and economics to provide an up-to-date and comprehensive analysis of this field of research, including its strengths and limitations as well as a forecast of its future development. Its twenty-nine chapters are organized into four parts.
Author | : Enrico Trevisan |
Publisher | : Routledge |
Total Pages | : 156 |
Release | : 2016-03-09 |
Genre | : Business & Economics |
ISBN | : 1317026950 |
Download The Irrational Consumer Book in PDF, ePub and Kindle
Companies of all kinds have fallen into some of the most fundamental of traps when it comes to consumer marketing; in assuming that the motivation that drives their customers is entirely rational. Enrico Trevisan's The Irrational Consumer builds on the ground breaking works on behavioural economics of authors such as Daniel Kahneman and Richard Thaler in order to explain the fundamental drivers of customer decisions and how to incorporate these into your business strategy. Learn how consumers respond to different offer architectures and discounts; why they sometimes struggle to see the wood for the trees in a world of ever-increasing options; what are the rules of thumb they develop for making sense of value. Behavioural economics offers organizations perspectives for engaging with customers, whose views on what to buy are strongly driven by contextual factors, such as the framework and the dynamics of choices. Enrico Trevisan's The Irrational Consumer is your 'must-have' primer to this world.
Author | : Douglas Hough |
Publisher | : Stanford Economics and Finance |
Total Pages | : 0 |
Release | : 2014-05-20 |
Genre | : Business & Economics |
ISBN | : 9780804793407 |
Download Irrationality in Health Care Book in PDF, ePub and Kindle
The health care industry in the U.S. is peculiar. We spend close to 18% of our GDP on health care, yet other countries get better results—and we don't know why. To date, we still lack widely accepted answers to simple questions, such as "Would requiring everyone to buy health insurance make us better off?" Drawing on behavioral economics as an alternative to the standard tools of health economics, author Douglas E. Hough seeks to more clearly diagnose the ills of health care today. A behavioral perspective makes sense of key contradictions—from the seemingly irrational choices that we sometimes make as patients, to the incongruous behavior of physicians, to the morass of the long-lived debate surrounding reform. With the new health care law in effect, it is more important than ever that consumers, health care industry leaders, and the policymakers who are governing change reckon with the power and sources of our behavior when it comes to health.
Author | : Christine Jolls |
Publisher | : |
Total Pages | : 95 |
Release | : 2011 |
Genre | : Law |
ISBN | : 9781601983985 |
Download Behavioral Economics and the Law Book in PDF, ePub and Kindle
Behavioral Economics and the Law begins with the early evolution of behavioral economics both outside and within legal policy analysis and then describes the central role of behavioral economics in such analysis today. The "behavioral law and economics" of today is rooted in more traditional law and economics, so it is useful to start with an understanding of the field's jumping-off point. Behavioral law and economics has sought to bring the insights of behavioral economics to bear on many topics within the field of law and economics. Behavioral Economics and the Law describes a number of the central attributes and applications of behavioral law and economics to date. It does not embrace every area in which behavioral economics has become influential in legal policy in America and beyond, but it does seek to give a representative sample of the burgeoning modern field of behavioral law and economics. Section 1 begins with the early development and refinement of one of the pivotal insights of behavioral economics - that people frequently exhibit an endowment effect - both outside and within the field of behavioral law and economics. Section 2 offers a general overview of the features of human decision making that have informed modern behavioral law and economics. Section 3 provides a general typology of legal responses to bounded rationality, bounded willpower, and bounded self-interest. Sections 4 through 6 move from the general to the concrete, offering a range of illustrative applications of behavioral law and economics in the domains of bounded rationality, bounded willpower, and bounded self-interest respectively.
Author | : Joshua D. Wright |
Publisher | : |
Total Pages | : 114 |
Release | : 2012 |
Genre | : Consumer behavior |
ISBN | : |
Download Behavioral Law and Economics Book in PDF, ePub and Kindle
Author | : Richard J. Herrnstein |
Publisher | : Harvard University Press |
Total Pages | : 350 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780674001770 |
Download The Matching Law Book in PDF, ePub and Kindle
This impressive collection features Richard Herrnstein's most important and original contributions to the social and behavioral sciences--his papers on choice behavior in animals and humans and on his discovery and elucidation of a general principle of choice called the matching law. In recent years, the most popular theory of choice behavior has been rational choice theory. Developed and elaborated by economists over the past hundred years, it claims that individuals make choices in such a way as to maximize their well-being or utility under whatever constraints they face; that is, people make the best of their situations. Rational choice theory holds undisputed sway in economics, and has become an important explanatory framework in political science, sociology, and psychology. Nevertheless, its empirical support is thin. The matching law is perhaps the most important competing explanatory account of choice behavior. It views choice not as a single event or an internal process of the organism but as a rate of observable events over time. It states that instead of maximizing utility, the organism allocates its behavior over various activities in exact proportion to the value derived from each activity. It differs subtly but significantly from rational choice theory in its predictions of how people exert self-control, for example, how they decide whether to forgo immediate pleasures for larger but delayed rewards. It provides, through the primrose path hypothesis, a powerful explanation of alcohol and narcotic addiction. It can also be used to explain biological phenomena, such as genetic selection and foraging behavior, as well as economic decision making.