Truth on the Market

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Free to Choose Symposium

Free to Choose?

A Symposium on Behavioral Law and Economics

December 6-7, 2010

Truthonthemarket.com

December 6th

Josh Wright, Introduction

David Friedman, Behavioral Economics: Intriguing Research Project, With Reservations

Larry Ribstein, Free to Lose

David Levine, Behavioral Economics: The Good, The Bad, and the Middle Ground

Henry G. Manne, Behavioral Overreach

Geoffrey A. Manne, Interesting Doesn’t Necessarily Mean Policy Relevant

Thom Lambert, Behavioral Economics and the Conflicting Quirks Problem: A “Realist” Critique

Christopher Sprigman & Christopher Buccafusco, Valuing Intellectual Property

Judd E. Stone, Misbehavioral Economics: The Misguided Imposition of Behavioral Economics on Antitrust

Ronald Mann, Nudging From Debt

Richard Epstein, The Dangerous Allure of Behavioral Economics: The Relationship Between Physical and Financial Products

December 7th

Claire Hill, The Promise of Behavioral Law and Economics

Kevin McCabe, Behavioral Economics and the Law

Tom Brown, Camel Spotting: Is Behavioral Economics Really Beyond Redemption?

Christopher Sprigman & Christopher Buffafusco, Behavioral Economics and the Road from Law to Lab

Stephen Bainbridge, Mandatory Disclosure: A Behavioral Analysis

Erin O’Hara, The Free Market Side of Behavioral Law and Economics

Todd Henderson, Project Behavior: What the Battle is Really About

Judd Stone, Behavioral Economics, Administrative Agencies, and Unintended Consequences

Douglas H. Ginsburg & Joshua Wright, A Taxonomy of Behavioral Law and Economics Skepticism

Douglas H. Ginsburg & Joshua Wright, Behavioral Economics: The Never-Ending Quest for a Third Way

11 Responses to “Free to Choose Symposium”

  1. [...] Free to Choose Symposium [...]

  2. [...] Free to Choose Symposium [...]

  3. [...] Truth on the Market is hosting an online forum on behavioral law and economics, the “Free to Choose?” symposium. So far, people like David Levine, Ronald Mann and Christopher Sprigman have taken [...]

  4. [...] Free to Choose Symposium [...]

  5. [...] Free to Choose Symposium [...]

  6. [...] Posts from a recent symposium on behavioral law and economics held by truthonthemarket.com. The topic of the symposium is necessarily broad. Behavioral economics itself has made a significant contribution to increasing our understanding of when individual decision-making deviates from the rationality assumption at the heart of the conventional microeconomic theory. Behavioral law and economics now reaches all corners of the law. The rise of behavioral economics raises interesting sets of questions both within the domain of economics itself: what are the costs and benefits of the intersection of psychology and economics? What explains the remarkable success of behavioral economics in the behavioral law and economics literature? Will the phenomenon have staying power? Is it in fact the case that behavioral law and economics is gaining traction in the current regulatory landscape? We do have the Consumer Financial Protection Bureau. But what else? On the specifics, what are the sorts of behavioral law and economic policy prescriptions in other areas of the law such as antitrust, consumer protection, and intellectual property? Would such interventions be successful? Will there be long-term costs of approaches built on the concept that one can rely on the the government to correct decision-making errors? And further, has the implementation of regulatory proposals by the behavioral law and economics camp in practice remained faithful to the insights produced by the behavioral economics literature in theory, laboratory experiments and the field? Or have proposed “nudges” merely take the form of default rules which map onto the policy preferences of the academic advocate? [...]

  7. [...] Free to Choose Symposium [...]

  8. [...] Free to Choose Symposium [...]

  9. [...] which there has been much debate.  See the TOTM’s Behavioral Law-And-Economics symposium here.  Some may find it a strange fit in family law, but regulation of the financial markets is really [...]

  10. [...] Free to Choose Symposium [...]

  11. [...] Free to Choose Symposium [...]

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