Behavioral Contract Law-Reference-Cited by-同舟云学术

Behavioral Contract Law

Published:2021-07-01 Issue:2 Volume:17 Page:281-322
ISSN:1555-5879
Container-title:Review of Law & Economics
language:en
Short-container-title:

Author:

Ulen Thomas S.¹²³

Affiliation:

1. University of Illinois , Urbana , Champaign , IL , USA

2. University of Illinois College of Law , Champaign , IL , USA

3. Texas A&M University , College Station , TX , USA

Abstract

Abstract This article explores some behavioral findings that are relevant to three areas of contract: formation, performance, and remedies. I compare the rational choice theory analysis of various aspects of contract law with how behavioral findings lead to a change in our understanding of that area of law. A penultimate section considers several criticisms of behavioral economics. A concluding section calls for altering some settled understandings of contract law to accommodate behavioral results and for further research about some still uncertain aspects of contracting.

Publisher

Walter de Gruyter GmbH

Subject

Law,General Economics, Econometrics and Finance

Link

https://www.degruyter.com/document/doi/10.1515/rle-2021-0067/pdf

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Cited by 2 articles. 订阅此论文施引文献订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献

1. Contracting in Global Chains;Encyclopedia of Law and Economics;2024

2. The Impact of Behavioral Economics on the Law: Introduction;Review of Law & Economics;2021-07-01