Experimental Economics and the Law

Oxford Handbook of Law and Economics

38 Pages Posted: 20 Apr 2022

See all articles by Sean Sullivan

Sean Sullivan

University of Iowa College of Law

Charles A. Holt

University of Virginia - Department of Economics

Date Written: 2017

Abstract

This chapter surveys the past and future role of experimental economics in legal research and practice. Following a brief explanation of the theory and methodology of experimental economics, the chapter discusses topics in each of three broad application areas: (1) the use of experiments for studying legal institutions such as settlement bargaining and adjudicative functions, (2) the use of experiments to explore legal doctrines, and (3) the use of experiments in litigation and trial strategy. The general theme of this material is a broad and versatile relationship between law and experimental economics.

Keywords: experimental economics, law and economics

JEL Classification: K10, C90

Suggested Citation

Sullivan, Sean and Holt, Charles A., Experimental Economics and the Law (2017). Oxford Handbook of Law and Economics, Available at SSRN: https://ssrn.com/abstract=4078306

Sean Sullivan (Contact Author)

University of Iowa College of Law ( email )

Melrose and Byington
Iowa City, IA 52242
United States

HOME PAGE: http://sean-p-sullivan.com

Charles A. Holt

University of Virginia - Department of Economics ( email )

P.O. Box 400182
Rouss Hall #114
Charlottesville, VA 22904-4182
United States
(804) 924-7894 (Phone)

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