Homo economicus, behavioural economics and paternalism

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Chapter 4 in The Economic Analysis of Civil Law, 2022, pp 102-140 from Edward Elgar Publishing

Abstract: This chapter deals with a controversial fundamental problem of economics, homo economicus and the criticism of the "behavioural school" of this behavioural model. The current criticism of the homo economicus has produced important literature which demands a more paternalistic social and legal order based on the observable weaknesses of people's will and decision-making processes. This poses a challenge for jurisprudence and the economic analysis of law. In this chapter we therefore contextualise these problems.

Keywords: Economics and Finance; Law - Academic (search for similar items in EconPapers)
Date: 2022
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