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The Law And Economics Of Irrational Beha
. Ed(S): Parisi, Francesco; Smith, Vernon L.
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Description for The Law And Economics Of Irrational Beha
Paperback. 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. Editor(s): Parisi, Francesco; Smith, Vernon L. Num Pages: 632 pages, 20 tables, 27 figures. BIC Classification: KCA; LAB. Category: (G) General (US: Trade); (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 226 x 163 x 34. Weight in Grams: 816.
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 ... Read more
Show LessProduct Details
Format
Paperback
Publication date
2005
Publisher
Stanford University Press United States
Number of pages
632
Condition
New
Number of Pages
632
Place of Publication
Palo Alto, United States
ISBN
9780804751445
SKU
V9780804751445
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About . Ed(S): Parisi, Francesco; Smith, Vernon L.
Francesco Parisi is Professor of Law and Director, Law and Economics Program, George Mason University School of Law. He is co-editor of The Law and Economics of the European Union (2003), Economic Foundations of Private Law (2002), and Law and Economics (1997). Vernon Smith is Nobel Laureate in Economics, 2002, and Professor of Economics and Law, George Mason University.
Reviews for The Law And Economics Of Irrational Beha
"Progressive law scholars will want to read this lively, wide-ranging, and fun collection. The impressive cast of contributors keeps a clear eye on how law can be informed by formal models of limits on rationality." -Colin F. Camerer,Axline Professor of Business Economics, California Institute of Technology