European Perspectives on Behavioural Law and Economics
This anthology highlights the theoretical foundations as well as the various applications of Behavioural Law and Economics in European legal culture. By the same token, it fosters the dialogue between European and American Law and Economics scholars. The traditional neo-classical microeconomic theo...
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| Ngôn ngữ: | English |
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Springer
2016
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| Truy cập trực tuyến: | https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59641 |
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oai:scholar.dlu.edu.vn:DLU123456789-596412023-11-11T06:46:39Z European Perspectives on Behavioural Law and Economics Mathis, Klaus Military Law Congresses Psychological aspects This anthology highlights the theoretical foundations as well as the various applications of Behavioural Law and Economics in European legal culture. By the same token, it fosters the dialogue between European and American Law and Economics scholars. The traditional neo-classical microeconomic theory explains human behaviour by using Rational Choice. According to this model, people tend to maximize the difference between expected utility and cost (“expected utility theory”). This theory includes three assumptions: (1) unbounded rationality, (2) unbounded self-interest, and (3) unbounded willpower. Behavioural Economics questions these assumptions and endeavours to render economic analysis more realistic by underpinning it with psychological insights. In recent years, the influence of Behavioural Economics on the Economic Analysis of Law has gained momentum. Behavioural Law and Economics generates a better theoretical understanding of legal phenomena and offers a multitude of applications in legislation and legal adjudication. 2016-01-25T02:12:02Z 2016-01-25T02:12:02Z 2015 Book 978-3-319-11635-8 978-3-319-11634-1 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59641 en application/pdf Springer |
| institution |
Thư viện Trường Đại học Đà Lạt |
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Thư viện số |
| language |
English |
| topic |
Military Law Congresses Psychological aspects |
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Military Law Congresses Psychological aspects Mathis, Klaus European Perspectives on Behavioural Law and Economics |
| description |
This anthology highlights the theoretical foundations as well as the various applications of Behavioural Law and Economics in European legal culture. By the same token, it fosters the dialogue between European and American Law and Economics scholars.
The traditional neo-classical microeconomic theory explains human behaviour by using Rational Choice. According to this model, people tend to maximize the difference between expected utility and cost (“expected utility theory”). This theory includes three assumptions: (1) unbounded rationality, (2) unbounded self-interest, and (3) unbounded willpower. Behavioural Economics questions these assumptions and endeavours to render economic analysis more realistic by underpinning it with psychological insights. In recent years, the influence of Behavioural Economics on the Economic Analysis of Law has gained momentum. Behavioural Law and Economics generates a better theoretical understanding of legal phenomena and offers a multitude of applications in legislation and legal adjudication. |
| format |
Book |
| author |
Mathis, Klaus |
| author_facet |
Mathis, Klaus |
| author_sort |
Mathis, Klaus |
| title |
European Perspectives on Behavioural Law and Economics |
| title_short |
European Perspectives on Behavioural Law and Economics |
| title_full |
European Perspectives on Behavioural Law and Economics |
| title_fullStr |
European Perspectives on Behavioural Law and Economics |
| title_full_unstemmed |
European Perspectives on Behavioural Law and Economics |
| title_sort |
european perspectives on behavioural law and economics |
| publisher |
Springer |
| publishDate |
2016 |
| url |
https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59641 |
| _version_ |
1819840067583082496 |