Product Description
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, t… More >>
The Law and Economics of Irrational Behavior
Tags: departures, economic models, economics and psychology, institutions, irrational behavior, law and economics, rational behavior, relevant developments