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Advanced Introduction to Behavioral Law and Economics
This highly informative Advanced Introduction explores the diverse and far-reaching legal implications of some of the key findings of behavioral economics. This Advanced Introduction provides a much-needed assessment and analysis of the law as a critical domain for the use of behavioral economics, and investigates how techniques including nudging, mandates, and taxes can be used to enhance the effectiveness and improve the implementation of the law.
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Critical Acclaim
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Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world’s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas.
This highly informative Advanced Introduction explores the diverse and far-reaching legal implications of some of the key findings of behavioral economics. Cass Sunstein, a leader in this field, adopts an interdisciplinary approach to examining cutting-edge topics such as air pollution and climate change; public health and safety; pandemic response; occupational safety; road safety; and contract, property, and tort law. This Advanced Introduction provides a much-needed assessment and analysis of the law as a critical domain for the use of behavioral economics, and investigates how techniques including nudging, mandates, and taxes can be used to enhance the effectiveness and improve the implementation of the law.
Key Features:
• Explains how legal systems and governments employ behavioral economics
• Explores the crucial relationship between law, behavioral economics and human welfare
• Highlights the use of algorithms in law and policy, considering the relationship between algorithms, noise and bias
• Examines key concepts from behavioral economics including sludge, present bias, loss aversion, unrealistic optimism, and anchoring
This erudite Advanced Introduction will be an essential read for legal students, academics and researchers with an interest in behavioral economics, public policy and economic psychology. Highlighting how behavioral economics interacts with various other disciplines, it will also prove valuable to professionals and practitioners working in law, medicine, education and politics.
This highly informative Advanced Introduction explores the diverse and far-reaching legal implications of some of the key findings of behavioral economics. Cass Sunstein, a leader in this field, adopts an interdisciplinary approach to examining cutting-edge topics such as air pollution and climate change; public health and safety; pandemic response; occupational safety; road safety; and contract, property, and tort law. This Advanced Introduction provides a much-needed assessment and analysis of the law as a critical domain for the use of behavioral economics, and investigates how techniques including nudging, mandates, and taxes can be used to enhance the effectiveness and improve the implementation of the law.
Key Features:
• Explains how legal systems and governments employ behavioral economics
• Explores the crucial relationship between law, behavioral economics and human welfare
• Highlights the use of algorithms in law and policy, considering the relationship between algorithms, noise and bias
• Examines key concepts from behavioral economics including sludge, present bias, loss aversion, unrealistic optimism, and anchoring
This erudite Advanced Introduction will be an essential read for legal students, academics and researchers with an interest in behavioral economics, public policy and economic psychology. Highlighting how behavioral economics interacts with various other disciplines, it will also prove valuable to professionals and practitioners working in law, medicine, education and politics.
Critical Acclaim
‘As always, Sunstein''s Advanced Introduction is a pleasure to read. This highly informative book is particularly helpful to those interested in law and public policy. Drawing on his deep and extensive work in behavioral law and economics, Sunstein covers much ground in short order. The book introduces readers to both foundational topics and current debates at the frontiers of this burgeoning field of research and policy.’
– Avishalom Tor, Notre Dame Law School, US
‘I love this terrific book. The science of how humans think meets the laws that govern how humans should act – and who better than Sunstein to teach us what happens when these worlds collide!’
– Anupam B. Jena, Harvard University, US
‘To develop policies that improve on society, we need to consider how people behave, both in the absence and presence of policies. I highly recommend this book to anyone interested in public policy and how insights about human behavior may inform policy making. Cass Sunstein’s experiences and extensive expertise in both law making and behavioral economics make him uniquely positioned to provide key insights on the intersection of law and behavioral economics.’
– Linda Thunström, University of Wyoming, US
‘In this book Professor Sunstein summarizes an enormous body of research showing how law affects human behavior. He carefully reviews research from behavioral economics and psychology, provides clever examples, and melds these insights with conventional economics, thereby suggesting ways to make legal systems more efficient—and even more fair.’
– Jeffrey J. Rachlinski, Cornell Law School, US
– Avishalom Tor, Notre Dame Law School, US
‘I love this terrific book. The science of how humans think meets the laws that govern how humans should act – and who better than Sunstein to teach us what happens when these worlds collide!’
– Anupam B. Jena, Harvard University, US
‘To develop policies that improve on society, we need to consider how people behave, both in the absence and presence of policies. I highly recommend this book to anyone interested in public policy and how insights about human behavior may inform policy making. Cass Sunstein’s experiences and extensive expertise in both law making and behavioral economics make him uniquely positioned to provide key insights on the intersection of law and behavioral economics.’
– Linda Thunström, University of Wyoming, US
‘In this book Professor Sunstein summarizes an enormous body of research showing how law affects human behavior. He carefully reviews research from behavioral economics and psychology, provides clever examples, and melds these insights with conventional economics, thereby suggesting ways to make legal systems more efficient—and even more fair.’
– Jeffrey J. Rachlinski, Cornell Law School, US
