Behavioral Law and Economics Book

	Contributors
	Acknowledgments
	Introduction	1
Pt. I	Overview and Prospects	11
1	A Behavioral Approach to Law and Economics	13
Pt. II	Heuristics and Biases: Shortcuts, Errors, and Legal Decisions	59
2	Context-Dependence in Legal Decision Making	61
3	A Positive Psychological Theory of Judging in Hindsight	95
4	Behavioral Economics, Contract Formation, and Contract Law	116
5	Organized Illusions: A Behavioral Theory of Why Corporations Mislead Stock Market Investors (and Cause Other Social Harms)	144
6	Reluctance to Vaccinate: Omission Bias and Ambiguity	168
7	Second-Order Decisions	187
Pt. III	Valuation: Values and Dollars in the Legal System	209
8	Experimental Tests of the Endowment Effect and the Coase Theorem	211
9	Assessing Punitive Damages (With Notes on Cognition and Valuation in Law)	232
10	Framing the Jury: Cognitive Perspective on Pain and Suffering Awards	259
11	Behavioral Economic Analysis of Redistributive Legal Rules	288
12	Do Parties to Nuisance Cases Bargain After Judgment? A Glimpse Inside the Cathedral	302
Pt. IV	The Demand for Law: Why Law Is As It Is	323
13	Some Implications of Cognitive Psychology for Risk Regulation	325
14	Explaining Bargaining Impasse: The Role of Self-serving Biases	355
15	Controlling Availability Cascades	374
16	Cognitive Theory and Tax	398
	Index	423