Abstract

http://ssrn.com/abstract=2165856
 


 



Behavioral Models in Tort Law


Barbara Luppi


Università degli studi di Modena e Reggio Emilia (UNIMORE) - Faculty of Business and Economics; University of St. Thomas School of Law

Francesco Parisi


University of Minnesota - Law School; University of Bologna

October 23, 2012

U of St. Thomas Legal Studies Research Paper No. 12-37
Minnesota Legal Studies Research Paper No. 12-56

Abstract:     
In this paper, we illustrate how different behavioral problems can be incorporated into the standard economic model of tort law. Through this exercise, we develop a modeling language that can be utilized by law and economic scholars when considering the effect of behavioral biases and cognitive imperfections in tort law. We use these models in conjunction with the standard taxonomy of psychological biases, to show the effect of different biases on the behavior of tort agents. The models we present are applicable to a wide range of tort problems, and have the potential for application to a broader range of legal problems.

Number of Pages in PDF File: 37

Keywords: behavioral biases, social biases, memory biases, tort law

JEL Classification: K13, K43, D03, D81

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Date posted: October 24, 2012  

Suggested Citation

Luppi, Barbara and Parisi, Francesco, Behavioral Models in Tort Law (October 23, 2012). U of St. Thomas Legal Studies Research Paper No. 12-37; Minnesota Legal Studies Research Paper No. 12-56. Available at SSRN: http://ssrn.com/abstract=2165856 or http://dx.doi.org/10.2139/ssrn.2165856

Contact Information

Barbara Luppi
Università degli studi di Modena e Reggio Emilia (UNIMORE) - Faculty of Business and Economics ( email )
Viale Berengario 51
41100 Modena, Modena 41100
Italy
University of St. Thomas School of Law
MN
United States
Francesco Parisi (Contact Author)
University of Minnesota - Law School ( email )
229 19th Avenue South
Minneapolis, MN 55455
United States
University of Bologna ( email )
Piazza Scaravilli 1
40126 Bologna, fc 47100
Italy
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