Volume 92 - Issue 3
Exchange: The Behavioral Economics of Consumer Contracts
By Oren Bar-Gill. Full text here. In the past decade, behavioral economics has established itself as a contender to the throne of neoclassical economics in the economic analysis of law. The pros and cons of behavioral as compared to neoclassical economics have been vigorously debated at the general, methodology level. But the success or failure of…
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