Reviews for The law and economics of irrational behavior

The average rating for The law and economics of irrational behavior based on 2 reviews is 3.5 stars.

Review # 1 was written on 2009-03-03 00:00:00 Bob Blum The first two chapters are good. The rest are a mixed bag.

Review # 2 was written on 2014-09-09 00:00:00 Beverly Hartman In this book the author applies the economic way of thinking to the law. He argues, and I think correctly, that economic analysis can be used to explain the law and suggest what the law should be. Assuming individuals are rational and that the economically efficient outcome (this can be defined a different ways, but I like to think of it as the outcome with the most benefit and the least cost) is likely the best outcome, the author uses examples to show how the economic analysis of law expands our knowledge and can help us make better decisions about what the law should be. It was a good book. However, it was slow in parts.