Abstract

http://ssrn.com/abstract=611947
 
 

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The Evolution of Irrationality


Owen D. Jones


Vanderbilt University - Law School & Dept. of Biological Sciences


Jurimetrics, Vol 41, p. 289, 2001

Abstract:     
The place of the rational actor model in the analysis of individual and social behavior relevant to law remains unresolved. In recent years, scholars have sought frameworks to explain: a) disjunctions between seemingly rational behavior and seemingly irrational behavior; b) the origins of and influences on law-relevant preferences, and c) the nonrandom development of norms. This Article explains two components of an evolutionary framework that, building from accessible insights of behavioral biology, can encompass all three. The components are: "time-shifted rationality" and "the law of law's leverage."

Number of Pages in PDF File: 16

Keywords: Behavioral Law and Economics, Evolution, Evolutionary Analysis in Law, Irrationality, Rationality

JEL Classification: A12, D90, K00, K49

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Date posted: November 2, 2004  

Suggested Citation

Jones, Owen D., The Evolution of Irrationality. Jurimetrics, Vol 41, p. 289, 2001. Available at SSRN: http://ssrn.com/abstract=611947

Contact Information

Owen D. Jones (Contact Author)
Vanderbilt University - Law School & Dept. of Biological Sciences ( email )
131 21st Avenue South
Nashville, TN 37203-1181
United States
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