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About this product
- DescriptionThis volume of collected essays explores the most relevant developments at the interface of ecomics and psychology, with 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 ecomic models of irrational behavior to law is especially challenging because specific departures from rational behavior differ markedly from one ather. Furthermore, the analytical and deductive instruments of ecomic theory have to be reshaped to deal with the fragmented and heterogeneous findings of psychological research, lurning towards a more experimental and inductive methodology. This volume brings together scholars who are pioneering in this area, with a presentation of some of the most exciting developments in the field of legal and ecomic theory. Areas of application include criminal law and sentencing, tort law, contract law, corporate law, and financial markets.
- Author BiographyFrancesco Parisi is Professor of Law and Director, Law and Economics Program, George Mason University School of Law. He is co-editor of The Law and Economics of the European Union (2003), Economic Foundations of Private Law (2002), and Law and Economics (1997). Vernon L. Smith is Nobel Laureate in Economics, 2002, and Professor of Economics and Law, George Mason University.
- PublisherStanford University Press
- Date of Publication18/01/2005
- SubjectLaw: General & Reference
- Place of PublicationPalo Alto
- Country of PublicationUnited States
- ImprintStanford University Press
- Width152 mm
- Height229 mm
- Edited byFrancesco Parisi,Vernon L. Smith
- Format DetailsTrade paperback (US)
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