According to a standard principle in free-speech law, the remedy for falsehoods is more speech, not enforced silence. But empirical research demonstrates that corrections of falsehoods can backfire, by increasing people’s commitment to their inaccurate beliefs, and that presentation of...

Recent empirical work demonstrates that healthy people make large mistakes when evaluating the welfare of those suffering from apparently serious health problems. Significant adverse conditions often inflict little or no hedonic damage-sometimes because people adapt to them, and sometimes...

In many settings, human beings are boundedly rational. A distinctive and insufficiently explored legal response to bounded rationality is to attempt to debias through law by steering people in more rational directions. In many domains, existing legal analyses emphasize the alternative approach...