Law, Psychology, and Morality The Role of Loss Aversion

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  • Engels
  • Hardcover
  • 9780199972050
  • 15 januari 2015
  • 280 pagina's
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Samenvatting

Kahneman and Tversky's Prospect Theory posits that people do not perceive outcomes as final states of wealth or welfare, but rather as gains or losses in relation to some reference point. People are generally loss averse, meaning that the disutility generated by a loss is greater than the utility produced by a commensurate gain. Loss aversion is related to psychological phenomena such as the status quo and omission biases, the endowment effect, and escalation of commitment. Law, Psychology, and Morality: The Role of Loss Aversion systematically analyzes the complex relationships between loss aversion and the law weaving together insights from cognitive and social psychology, neuropsychology, behavioral economics, experimental legal studies, economic analysis of law, normative ethics, moral psychology, and comparative law. It discusses diverse legal issues in private and public law, national and international law, and substantive and procedural law. Eyal Zamir provides an overview of the psychological studies of loss aversion to examine its effect on human behavior in the contexts of particular interest to the law, while discussing the impact of the law on people's behavior through the framing of the choices they encounter. The book further highlights an intriguing compatibility between loss aversion and fundamental features of the law and various legal doctrines, while theorizing about the causes of this compatibility by drawing on insights from the economic analysis of law and evolutionary psychology. The book points to the correlation between loss aversion, deontological and commonsense morality, and the law, while proposing many normative implications.

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Inhoud

Taal
en
Bindwijze
Hardcover
Oorspronkelijke releasedatum
15 januari 2015
Aantal pagina's
280
Illustraties
Nee

Betrokkenen

Hoofdauteur
Eyal Zamir
Hoofduitgeverij
Oxford University Press Inc

Overige kenmerken

Extra groot lettertype
Nee
Product breedte
171 mm
Product hoogte
25 mm
Product lengte
248 mm
Studieboek
Ja
Verpakking breedte
171 mm
Verpakking hoogte
25 mm
Verpakking lengte
248 mm
Verpakkingsgewicht
517 g

EAN

EAN
9780199972050

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