Browsing Vanderbilt Law School Faculty Works by Subject "behavioral law and economics"
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(Evolution and Human Behavior, 2012)The endowment effect is the seemingly irrationally tendency to immediately value a possessed item more than the opportunity to acquire the identical item when one does not already possess it. The phenomenon has broad legal ...
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(Jurimetrics, 2001)The place of the rational actor model in the analysis of individual and social behavior relevant to law remains unresolved. In recent years, scholars have sought frameworks to explain: a) disjunctions between seemingly ...