Behavioral Law and Economics

Edited by Jeffrey J. Rachlinski, Professor of Law, Cornell Law School, Cornell University, US

‘Jeff Rachlinski has assembled an essential and timely introduction to the literature of behavioural law and economics: the key articles, central themes, and ongoing criticisms of the approach. The text will serve as a standard reference for scholars and an intriguing reader for students.’

• Contents:Volume IAcknowledgementsIntroduction Jeffrey J. RachlinskiPART IINTRODUCTION 1. Christine Jolls, Cass R. Sunstein and Richard Thaler (1998), ‘A Behavioral Approach to Law and Economics’2. Robert A. Hillman (2000), ‘The Limits of Behavioral Decision Theory in Legal Analysis: The Case of Liquidated Damages’3. Jeffrey J. Rachlinski (2000), ‘The New Law and Psychology: A Reply to Critics, Skeptics, and Cautious Supporters’PART IISUIT AND SETTLEMENT 4. Lee Ross and Andrew Ward (1995), ‘Psychological Barriers to Dispute Resolution’5. Linda Babcock and George Loewenstein (1997), ‘Explaining Bargaining Impasse: The Role of Self-Serving Biases’6. Chris Guthrie (2000), ‘Framing Frivolous Litigation: A Psychological Theory’PART IIITORTS 7. Jeffrey J. Rachlinski (1998), ‘A Positive Psychological Theory of Judging in Hindsight’8. John D. Hanson and Douglas A. Kysar (1999), excerpt from ‘Taking Behavioralism Seriously: The Problem of Market Manipulation’9. Jonathan J. Koehler and Andrew D. Gershoff (2003), ‘Betrayal Aversion: When Agents of Protection Become Agents of Harm’PART IVCONTRACTS 10. Melvin Aron Eisenberg (1995), ‘The Limits of Cognition and the Limits of Contract’11. Robert A. Hillman and Jeffrey J. Rachlinski (2002), ‘Standard-Form Contracting in the Electronic Age’12. Oren Bar-Gill (2008), ‘ The Behavioral Economics of Consumer Contracts’13. Richard A. Epstein (2008), ’The Neoclassical Economics of Consumer Contracts’14. Russell Korobkin (2000), ‘Behavioral Economics, Contract Formation, and Contract Law’Name IndexVolume IIAcknowledgementsAn introduction to all three volumes by the editor appears in Volume IPART IPROPERTY 1. Ward Farnsworth (1999), ‘Do Parties to Nuisance Cases Bargain after Judgment?: A Glimpse inside the Cathedral’2. Jeffrey J. Rachlinski and Forest Jourden (1998), ‘Remedies and the Psychology of Ownership’PART IICIVIL RIGHTS AND DISCRIMINATION 3. Linda Hamilton Krieger (1995), ‘The Content of Our Categories: A Cognitive Bias approach to Discrimination and Equal Employment Opportunity’4. Anthony G. Greenwald and Linda Hamilton Krieger (2006), ‘Implicit Bias: Scientific Foundations’5. Jerry Kang and Mahzarin R. Banaji (2006), ‘Fair Measures: A Behavioral Realist Revision of Affirmative Action’PART IIISECURITIES REGULATION 6. Donald C. Langevoort (2002), ‘Taming the Animal Spirits of the Stock Market: A Behavioral Approach to Securities Regulation’7. Donald C. Langevoort (1997), ‘Organized Illusions: A Behavioral Theory of Why Corporations Mislead Stock Market Investors (and Cause Other Social Harms)’PART IVCRIMINAL LAW 8. Neal Kumar Katyal (2003), ‘Conspiracy Theory’9. Paul H. Robinson and John M. Darley (2007), ‘Intuitions of Justice: Implications for Criminal Law and Justice Policy’10. Dan M. Kahan (2003), ‘The Logic of Reciprocity: Trust, Collective Action, and Law’Name Index Volume IIIAcknowledgementsAn introduction to all three volumes by the editor appears in Volume IPART ITRIAL PROCESSES 1. Chris Guthrie, Jeffrey J. Rachlinski and Andrew J. Wistrich (2001), ‘Inside the judicial Mind’2. Dan Simon (2004), ‘A Third View of the Black Box: Cognitive Coherence in Legal Decision Making’3. Cass R. Sunstein, Daniel Kahneman, David Schkade and Ilana Ritov (2002), ‘Predictably Incoherent Judgments’PART IIHEURISTICS, BIASES AND GOVERNANCE 4. Dan M. Kahan (2007), ‘The Cognitively Illiberal State’5. Cass R. Sunstein (2005), ‘Moral Heuristics’6. Jeffrey J. Rachlinski and Cynthia R. Farina (2002), ‘Cognitive Psychology and Optimal Government Design’7. Jeffrey J. Rachlinski (2000), ‘The Psychology of Global Climate Change’PART IIIPATERNALISM AND REGULATION 8. Cass R. Sunstein and Richard H. Thaler (2003), ‘Libertarian Paternalism is not an Oxymoron’9. Colin Camerer, Samuel Issacharoff, George Loewenstein, Ted O’Donaghue and Matthew Rabin (2003), ‘Regulation for Conservatives: Behavioral Economics and the Case for ‘Asymmetric Paternalism’10. Christine Jolls and Cass R. Sunstein (2006), ‘Debiasing through Law’11. Cass R. Sunstein and Robert H. Frank (2001), ‘Cost–Benefit Analysis and Relative Position’Name Index