Course description:
Even though the application of economic principles to legal issues has proven to be a productive enterprise, these efforts might rest upon an inaccurate model of human behavior. Psychologists and behavioral economists have identified systematic deviations from the predictions of economic theory in consumers, voters, and litigants. These deviations alter the application of economic principles to torts, contracts, corporate governance, health and safety
regulation, and many other areas of law. This course will review the basic research from psychology and behavioral economics that identified these principles and assess its applications to law.

For registration and further information, please contact professor Giovanni Battista Ramello at giovanni.ramello[AT]sp.unipmn.it