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The Oxford Handbook of Behavioral Economics and the Law
'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.
Law, Economics, and Morality
This work examines the possibility of combining economic methodology and deontological morality through explicit and direct incorporation of moral constraints into economic models.
Law, Psychology, and Morality
Prospect theory posits that people do not perceive outcomes as final states of wealth or welfare, but rather as gains or losses in relation to some reference point. People are generally loss averse: the disutility generated by a loss is greater than the utility produced by a commensurate gain. Loss aversion is related to such phenomena as the status quo and omission biases, the endowment effect, and escalation of commitment. The book systematically analyzes the relationships between loss aversion and the law.
Behavioral Law and Economics
In the past few decades, economic analysis of law has been challenged by a growing body of experimental and empirical studies that attest to prevalent and systematic deviations from the assumptions of economic rationality. While the findings on bounded rationality and heuristics and biases were initially perceived as antithetical to standard economic and legal-economic analysis, over time they have been largely integrated into mainstream economic analysis, including economic analysis of law. Moreover, the impact of behavioral insights has long since transcended purely economic analysis of law: in recent years, the behavioral movement has become one of the most influential developments in leg...
Countering Iran's Regional Strategy
In this Policy Focus, Maj. Gen. Eyal Zamir, IDF, draws on his deep experience in the Israeli military establishment to propose a detailed plan for undermining Iran's influence in the region--an approach that will preserve U.S. and Western interests, reinforce Israel and America's Arab allies, and promote regional stability.
Deliberate Ignorance
Psychologists, economists, historians, computer scientists, sociologists, philosophers, and legal scholars explore the conscious choice not to seek information. The history of intellectual thought abounds with claims that knowledge is valued and sought, yet individuals and groups often choose not to know. We call the conscious choice not to seek or use knowledge (or information) deliberate ignorance. When is this a virtue, when is it a vice, and what can be learned from formally modeling the underlying motives? On which normative grounds can it be judged? Which institutional interventions can promote or prevent it? In this book, psychologists, economists, historians, computer scientists, sociologists, philosophers, and legal scholars explore the scope of deliberate ignorance.
The Future of Law and Economics
In a concise, compelling argument, one of the founders and most influential advocates of the law and economics movement divides the subject into two separate areas, which he identifies with Jeremy Bentham and John Stuart Mill. The first, Benthamite, strain, “economic analysis of law,” examines the legal system in the light of economic theory and shows how economics might render law more effective. The second strain, law and economics, gives equal status to law, and explores how the more realistic, less theoretical discipline of law can lead to improvements in economic theory. It is the latter approach that Judge Calabresi advocates, in a series of eloquent, thoughtful essays that will appeal to students and scholars alike.
Inflation and the Enforcement of Contracts
This important book tackles the problem of inflation in contract law - whether, and to what extent, contract rules should take inflation into account.
The Core Issues of the Israeli-Palestinian Conflict
The Core Issues of the Israeli-Palestinian Conflict goes beyond surface-level analysis, delving into the root causes and deeply entrenched narratives that have hindered the quest for lasting peace. The book explores the territorial disputes, identity struggles, religious tensions, and competing national aspirations that have shaped the conflict's trajectory over the years. Moreover, it dissects the impact of external influences, regional dynamics, and international interventions, providing a nuanced understanding of the broader context in which the Israeli-Palestinian conflict persists. This thought-provoking and meticulously researched book presents a balanced and comprehensive examination of the core issues at the heart of the Israeli-Palestinian conflict. By shedding light on the complex historical, political, and social factors, it offers readers a deeper understanding of the conflict's multifaceted nature and offers valuable insights into potential paths toward reconciliation.
The Law of Good People
This book argues that overcoming people's inability to recognize their own wrongdoing is the most important but regrettably neglected area of the behavioral approach to law.
