Behavioral Approaches to Corporate Law

RESEARCH HANDBOOK ON THE ECONOMICS OF CORPORATE LAW, Claire A. Hill and Brett H. McDonnell eds., Northampton, Mass.: Edward Elgar 2012

Georgetown Law and Economics Research Paper No. 12-015

Georgetown Public Law Research Paper No. 12-055

33 Pages Posted: 19 Apr 2012

Date Written: 2012

Abstract

This chapter reviews the challenges associated with developing a plausible theory of why psychological "heuristics and biases" might persist in high-stakes business settings. Specific attention is given to issues of loyalty on corporate boards, behavioral finance, and corporate cultures.

Keywords: behavioral economics, corporate law, securities law, behavioral finance, behavioral approaches, corporate cultures, corporate governance, legal scholars

JEL Classification: K22

Suggested Citation

Langevoort, Donald C., Behavioral Approaches to Corporate Law (2012). RESEARCH HANDBOOK ON THE ECONOMICS OF CORPORATE LAW, Claire A. Hill and Brett H. McDonnell eds., Northampton, Mass.: Edward Elgar 2012, Georgetown Law and Economics Research Paper No. 12-015, Georgetown Public Law Research Paper No. 12-055, Available at SSRN: https://ssrn.com/abstract=2042009

Donald C. Langevoort (Contact Author)

Georgetown University Law Center ( email )

600 New Jersey Avenue, NW
Washington, DC 20001
United States
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