The behavioral approach to economic analysis of law Cover Image

Поведінковий підхід до економічного аналізу права
The behavioral approach to economic analysis of law

Author(s): O. O. Nabatova
Subject(s): Behaviorism, Law on Economics
Published by: Національний юридичний університет імені Ярослава Мудрого
Keywords: law and economics; behavioral law and economics; bounded rationality; endowment effect; cognitive errors;

Summary/Abstract: The article analyzes and summarizes theoretical and methodological frameworks of economic analysis of law. The author has determined basic principles of the behavioral approaches to economic and legal research. The author has indicated the sense of the concept of «debiasing through law», which considers legal norms as a way to correct choices of individuals in favor of normatively appropriate decisions desired by a society.

  • Issue Year: 4/2015
  • Issue No: 23
  • Page Range: 109-121
  • Page Count: 13
  • Language: Ukrainian