Incentives, Choices and Strategic Behavior: A Neuroeconomic Perspective for the Law

In this chapter, we discuss some ways in which neuroeconomic research can inform legal scholarship. Given the limitations on space of this chapter, we cannot discuss anything like all of the neuroeconomic research that has been done in the last few years, even all of that which is of relevance to legal scholarship. Therefore, this chapter is a highly selective review of the research that we believe is useful to legal scholars. The focus of the chapter is on neuroeconomic research related to financial decisions and its relevance to legal scholarship.

Keywords: Law & Economics, Neuroeconomics, Neuroscience

JEL Classification: K00

Suggested Citation: Suggested Citation

Chorvat, Terrence R. and McCabe, Kevin A., Incentives, Choices and Strategic Behavior: A Neuroeconomic Perspective for the Law (August 11, 2017). Research Handbook of Behavioral Law and Economics, Kathryn Zeiler and Joshua Teitelbaum eds., Edward Elgar, Forthcoming, George Mason Law & Economics Research Paper No. 17-33, Available at SSRN: https://ssrn.com/abstract=3017403 or http://dx.doi.org/10.2139/ssrn.3017403