LAMB Conference: Behavioral Law and Economics: Substance and Methodology

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Location: Room 2130

p(image-right). "!/assets/96370/lambapril_conference_poster_web.jpg(lambapril_conference_poster_web)!":/assets/96372/april_conference_poster.pdf For several decades, one of the leading approaches to legal theory has been the economic analysis of law. The theory of human behavior underlying standard economic analysis of law (like economic analysis more generally) is the rational choice theory. According to this theory, people strive to enhance their own well-being, choosing the available option that would maximize their expected utility. In the past two decades or so, hand-in-hand with comparable developments in economics, the economic analysis of law has been challenged by a growing body of experimental and empirical studies attesting to prevalent and systematic deviations from the assumptions of economic rationality. These studies have questioned both the assumption of thin, cognitive rationality (by showing that people's preferences often do not comply with the rules of dominance, transitivity, and invariance) and the assumption of thick, motivational rationality (by pointing to the role of motivations such as envy and altruism). Initially perceived as the antithesis to standard law and economics, over time these insights have been largely integrated into mainstream economic analysis of law, thereby establishing a new field of inquiry: behavioral law and economics. Behavioral insights can have particular value for legal analysis, as legal scholars are often interested in real-life policy-making, which must take into account people's actual behavioral characteristics. Moreover, the growing influence of behavioral law and economics has been accompanied in recent years by the emergence of empirical and experimental legal studies. Rather than only draw on the results of experimental and empirical studies in the social sciences, a steadily growing number of researchers now engage in experimental and empirical studies designed specifically to answer questions that are of especial interest to legal scholarship. The dramatic growth and influence of behavioral and experimental law and economics deserves close study and attention, to which this conference is devoted. Specifically, the conference builds on the contribution of leading scholars in the field to a first-of-its-kind "Handbook on Behavioral Economics and the Law" that will be published by Oxford University Press, offering a unique forum to examine the state-of-the-art of behavioral analysis throughout the law, its methodology and future challenges. *Conference Participants Only* * "Conference Papers":/academics/interdisciplinary-studies/the-notre-dame-research-program-on-law-and-market-behavior-nd-lamb/other-events/behavioral-law-and-economics-substance-and-methodology
"*Conference Schedule*":http://www.nd.edu/~ndlaw/lamb/BehavioralConference-schedule-sp2013.pdf
*Conference participants include:* h4. "Kenworthey Bilz":http://www.law.illinois.edu/faculty/profile/kenwortheybilz _"Professor of Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Bilz.pdf, University of Illinois College of Law_ Chapter Title: Law, Moral Attitudes, and Behavioral Change • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Bilz.pdf h4. "Russell Covey":http://law.gsu.edu/directory/covey "Associate Professor of Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Covey.pdf, Georgia State University College of Law Chapter Title: Behavioral Economics and Plea Bargaining • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Covey.pdf h4. "Melvin Eisenberg":http://www.law.berkeley.edu/php-programs/faculty/facultyProfile.php?facID=35 "Koret Professor of Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Eisenberg.pdf, University of California Berkeley School of Law Chapter Title: Behavioral Economics and Contract Law • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Eisenberg.pdf h4. "Christoph Engel":http://www.coll.mpg.de/engel.html "Director":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Engel.pdf, Max Planck Institute of Research on Collective Goods Chapter Title: Behavioral Law and Economics: Empirical Methods • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Engel.pdf h4. "Yuval Feldman":http://www.law.biu.ac.il/en/feldman "Professor of Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Feldman.pdf, Bar Ilan University School of Law Chapter Title: Behavioral Ethics Meets Behavioral Law and Economics • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Feldman.pdf h4. "Kent Greenfield":http://www.bc.edu/schools/law/fac-staff/deans-faculty/greenfieldk.html "Professor and Law Fund Research Scholar":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Greenfield.pdf, Boston College Law School Chapter Title: The End of Contractarianism? Behavioral Economics and the Law of Corporations • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Greenfield.pdf h4. "Yoed Halbersberg":http://works.bepress.com/yoed_halbersberg/ Hebrew University of Jerusalem "Faculty of Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Halbersberg.pdf Chapter Title: The Behavioral Economics of Tort Law • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Halbersberg.pdf h4. "Russell Korobkin":http://www.law.ucla.edu/faculty/all-faculty-profiles/professors/Pages/russell-korobkin.aspx "Professor of Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Korobkin.pdf, UCLA Law School Chapter Title: Wrestling with the Endowment Effect, or How to Do Law-and-Economics without the Coase Theorem • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Korobkin.pdf h4. Adrian Kuenzler "Yale Law School":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Kuenzler.pdf Chapter Title: Environmental Law • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Kuenzler.pdf h4. "Kevin McCabe":http://www.law.gmu.edu/faculty/directory/fulltime/mccabe_kevin "Professor of Law and Economics":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/McCabe.pdf, George Mason University Chapter Title: Neuroeconomics and the Law • Abstract h4. "Gregory Mitchell":http://www.law.virginia.edu/lawweb/faculty.nsf/FHPbI/1191856 "Mortimer M. Caplin Professor of Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Mitchell.pdf and Class of 1948 Professor of Scholarly Research in Law, University of Virginia School of Law Chapter Title: Alternative BLEs • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Mitchell.pdf h4. "Janice Nadler":http://www.law.northwestern.edu/faculty/profiles/JaniceNadler/ "Benjamin Mazur Summer Research Professor":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Nadler.pdf, Northwestern Law Chapter Title: Law, Moral Attitudes, and Behavioral Change • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Nadler.pdf h4. "Francesco Parisi":http://www.law.umn.edu/facultyprofiles/parisif.html "Oppenheimer Wolff and Donnelly Professor of Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Parisi.pdf, University of Minnesota Law School Professor of Economics, University of Bologna Chapter Title: Biasing, Debiasing, and the Law • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Parisi.pdf h4. Daniel Pi "University of Minnesota Law School":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Pi.pdf Chapter Title: Biasing, Debiasing, and the Law • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Parisi.pdf h4. "Jennifer Robbennolt":http://www.law.illinois.edu/faculty/profile/jenniferrobbennolt "Professor of Law and Psychology":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Robbennolt.pdf, University of Illinois College of Law Chapter Title: Litigation and Settlement • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Robbennolt.pdf h4. "Ariel Rubinstein":http://arielrubinstein.tau.ac.il/index.html Salzberg Chair, Tel Aviv University School of Economics "Professor":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Rubinstein.pdf, NYU Department of Economics Chapter Title: Directions in Modeling Bounded Rationality • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Rubinstein.pdf h4. "Doron Teichman":http://law.huji.ac.il/eng/segel.asp?staff_id=42&cat=441 "Senior Lecturer":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Teichman.pdf, Hebrew University of Jerusalem Faculty of Law Chapter Title: The Hindsight Bias and the Law in Hindsight • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Teichman.pdf h4. "Avishalom Tor":https://law.nd.edu/directory/avishalom-tor/ "Professor of Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Tor.pdf, Notre Dame Law School Chapter Title: The Market, the Firm, and Behavioral Antitrust • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Tor.pdf h4. "Thomas Ulen":http://www.law.illinois.edu/faculty/profile/thomasulen "Swanlund Chair":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Ulen.pdf, University of Illinois College of Law Chapter Title: Behavioral Law and Economics: A Theoretical Overview • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Ulen.pdf h4. "Fredrick Vars":http://www.law.ua.edu/directory/People/view/Fredrick_Vars "Associate Professor of Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Vars.pdf, University of Alabama School of Law Chapter Title: Evidence Law • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Vars.pdf h4. "Sean Williams":http://www.utexas.edu/law/faculty/shw395/ "Assistant Professor of Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Williams.pdf, The University of Texas at Austin School of Law Chapter Title: Probability Errors: Over-Optimism, Ambiguity Aversion, and the Certainty Effect • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Williams.pdf h4. "Eyal Zamir":http://law.huji.ac.il/eng/segel.asp?staff_id=44&cat=441 "Augusto Levi Professor of Commercial Law":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/bios/Zamir.pdf, Hebrew University of Jerusalem Faculty of Law Chapter Title: Law’s Loss Aversion • "Abstract":http://www.nd.edu/~ndlaw/lamb/substance-methodology-conference/abstracts/Zamir.pdf