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In three distinct disciplines, crime and punishment are studied experimentally: in empirical legal studies, in experimental economics, and an experimental criminology. These three disciplines have surprisingly little interaction. The current paper surveys the rich evidence, and discusses the...
Persistent link: https://www.econbiz.de/10012993829
behavioral decision scientists. This Part therefore reviews important behavioral findings, illustrating their application and … by behavioral decision researchers and the data required to resolve legal questions. Legal scholars should therefore be …
Persistent link: https://www.econbiz.de/10014214795
The so-called Chicago School of law and economics, which emerged in the late 1970s, was regarded by many lawyers with considerable suspicion. Much of this suspicion was due to the artificial and unrealistic nature of the assumptions about human motivation that underpinned that School’s...
Persistent link: https://www.econbiz.de/10014165163
Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa's economy is the least developed...
Persistent link: https://www.econbiz.de/10013074888
between the norms of rationality and the context in which rationality is exercised. … lens of another opposition in the philosophy of probability and in probability theory, between Bayesianism and frequentism … programs - Heuristics and Biases and Ecological Rationality - which play respective roles in the foundations of individual …
Persistent link: https://www.econbiz.de/10010803596
Laws express rules of conduct ('obligations') enforced by the means of penalties and rewards ('incentives'). The role of incentives in shaping individual behaviour has been largely analysed in the traditional economic literature. On the contrary, very little is known about the specific role of...
Persistent link: https://www.econbiz.de/10012772808
economic assumption of unbounded rationality …
Persistent link: https://www.econbiz.de/10014053240
In this chapter, we discuss the “lab-in-the-field” methodology, which combines elements of both lab and field experiments in using standardized, validated paradigms from the lab in targeting relevant populations in naturalistic settings. We begin by examining how the methodology has been...
Persistent link: https://www.econbiz.de/10014023427
their economic incentives, the so-called “nudges”. Previous research has found that moral nudges (e.g., making norms salient …
Persistent link: https://www.econbiz.de/10012900728
-registered experiment with 1,260 subjects. In the first wave we vary the level of awareness of subjects' past dishonesty and explore the …
Persistent link: https://www.econbiz.de/10012494900