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9781845427122

Experimental Law and Economics

by ;
  • ISBN13:

    9781845427122

  • ISBN10:

    1845427122

  • Format: Hardcover
  • Copyright: 2008-12-31
  • Publisher: Edward Elgar Pub
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List Price: $450.00

Table of Contents

Introduction
Experimental Tests of the Coase Theorem
The Coase Theorem: Some Experimental Testsp. 3
A Coasean Experiment on Contract Presumptionsp. 29
Experimental Results on Bargaining Under Alternative Property Rights Regimesp. 61
Loss Aversion: Endowment Effects, Framing Effects, and Status Quo Bias
Endowment Effects
Experimental Tests of the Endowment Effect and the Coase Theoremp. 89
Endowment Effects within Corporate Agency Relationshipsp. 113
The Willingness to Pay-Willingness to Accept Gap, the "Endowment Effect", Subject Misconceptions, and Experimental Procedures for Eliciting Valuationsp. 150
Framing Effects
Framing the Jury: Cognitive Perspectives on Pain and Suffering Awardsp. 169
Psychology, Economics, and Settlement: A New Look at the Role of the Lawyerp. 234
Settlement Behavior, Self-Serving Bias, and the Role of Lawyers
Biased Judgments of Fairness in Bargainingp. 287
When ignorance is Bliss: Information Exchange and Inefficiency in Bargainingp. 294
Creating Convergence: Debiasing Biased Litigantsp. 316
Damage Caps, Motivated Anchoring, and Bargaining Impassep. 329
Fairness, Trust, and Crowding Out
Preferences, Properly Rights, and Anonymity in Bargaining Gamesp. 349
Social Distance and Other-Regarding Behavior in Dictator Gamesp. 384
Does Studying Economics Inhibit Cooperation?p. 392
Fairness and Contract Designp. 405
More Order with Less Law: On Contract Enforcement, Trust, and Crowdingp. 439
The Dirt on Coming Clean: Perverse Effects of Disclosing Conflicts of Interestp. 453
Reasoning About Risk and Loss
Legal Rules and Deterrence
An Experimental Study of Single-Actor Accidentsp. 483
A Fine Is a Pricep. 514
Assessment of Risk by Judges and Juries
Ex Post [actual symbol not reproducible] Ex Ante: Determining Liability in Hindsightp. 533
Conduct and its Consequences: Attempts at Debiasing Jury Judgmentsp. 549
The Denominator Blindness Effect: Accident Frequencies and the Misjudgment of Recklessnessp. 571
Impact of Decision Rules on Juries
Inside the Judicial Mindp. 597
Deliberating About Dollars: The Severity Shiftp. 651
An Experimental Study of Jury Decision Rulesp. 688
Name Indexp. 705
Table of Contents provided by Blackwell. All Rights Reserved.

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