Behavioral Law and Economics: Law, Policy, and Science

Thomas S. Ulen

Supreme Court Economic Review, 2013, vol. 21, issue 1, 5 - 42

Abstract: This Article first introduces some of the important concepts of behavioral studies and then develops some significant examples of their application to issues in law and economics (contrasting the behavioral analysis with that of rational choice theory). The penultimate section considers four criticisms of behavioral analysis. The concluding section seeks to assess both why behavioral analysis is important and what further scholarship in behavioral law and economics is most crucial.

Date: 2013
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