Amos Tversky's contributions to legal scholarship
Together with his long-time colleague Daniel Kahneman, Amos Tversky, provided the intellectual infrastructure for contemporary behavioral law and economics. Prospect theory undermines the Coase Theorem, which is the bedrock of traditional law and economics; and the heuristics and biases research que...
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| Format: | Article |
| Language: | English |
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Cambridge University Press
2006-11-01
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| Series: | Judgment and Decision Making |
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| Online Access: | http://journal.sjdm.org/jdm06125.pdf |
| _version_ | 1797725653868478464 |
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| author | Paul Brest |
| author_facet | Paul Brest |
| author_sort | Paul Brest |
| collection | DOAJ |
| description | Together with his long-time colleague Daniel Kahneman, Amos Tversky, provided the intellectual infrastructure for contemporary behavioral law and economics. Prospect theory undermines the Coase Theorem, which is the bedrock of traditional law and economics; and the heuristics and biases research questions the fundamental idea of a rational self-interested decisionmaker, which is also challenged by subsequent studies of the role of affect in judgment and decisionmaking. |
| first_indexed | 2024-03-12T10:34:22Z |
| format | Article |
| id | doaj.art-29fca484e1064bf58dcb63b255668c70 |
| institution | Directory Open Access Journal |
| issn | 1930-2975 |
| language | English |
| last_indexed | 2024-03-12T10:34:22Z |
| publishDate | 2006-11-01 |
| publisher | Cambridge University Press |
| record_format | Article |
| series | Judgment and Decision Making |
| spelling | doaj.art-29fca484e1064bf58dcb63b255668c702023-09-02T08:57:21ZengCambridge University PressJudgment and Decision Making1930-29752006-11-011NA174178Amos Tversky's contributions to legal scholarshipPaul BrestTogether with his long-time colleague Daniel Kahneman, Amos Tversky, provided the intellectual infrastructure for contemporary behavioral law and economics. Prospect theory undermines the Coase Theorem, which is the bedrock of traditional law and economics; and the heuristics and biases research questions the fundamental idea of a rational self-interested decisionmaker, which is also challenged by subsequent studies of the role of affect in judgment and decisionmaking.http://journal.sjdm.org/jdm06125.pdfTverskybehavioral law and economicsCoase Theoremprospect theoryavailability heuristicpaternalism. |
| spellingShingle | Paul Brest Amos Tversky's contributions to legal scholarship Judgment and Decision Making Tversky behavioral law and economics Coase Theorem prospect theory availability heuristic paternalism. |
| title | Amos Tversky's contributions to legal scholarship |
| title_full | Amos Tversky's contributions to legal scholarship |
| title_fullStr | Amos Tversky's contributions to legal scholarship |
| title_full_unstemmed | Amos Tversky's contributions to legal scholarship |
| title_short | Amos Tversky's contributions to legal scholarship |
| title_sort | amos tversky s contributions to legal scholarship |
| topic | Tversky behavioral law and economics Coase Theorem prospect theory availability heuristic paternalism. |
| url | http://journal.sjdm.org/jdm06125.pdf |
| work_keys_str_mv | AT paulbrest amostverskyscontributionstolegalscholarship |