This review provides a critical survey of psychology-and-economics (“behavioral-
economics”) research in contract theory. First, I introduce the theories of individual decision …

This chapter surveys the literature on behavioral industrial organization, covering four broad
topics:(1) how rational firms interact with consumers who make systematic mistakes in …

Objective: to elaborate the conceptual theoretical-legal provisions and scientific
recommendations for the substantiating the inefficiency of mandated disclosure. Methods …

Behavioral law and economics (BLE) has been broadly regarded in recent years as among
the most promising and exciting new developments in public policymaking theory and …

Consumers routinely enter into long-term contracts with providers of goods and services-
from credit cards, mortgages, cell phones, insurance, TV, and internet services to household …

One of the most promising regulatory currents consists of" targeted" disclosure: mandating
simplified information disclosure at the time of decisionmaking to" nudge" parties along. Its …

Should the United States introduce a value added tax? How should we manage budget
deficits? Should we abolish the alternative minimum tax? Why does the United States …

With the globalization of business, firms are increasingly relying on thirdparty suppliers in
countries plagued by weak governance. Although this trend has provided economic benefits …

We live in a world of one-size-fits-all law. People are different, but the laws that govern them
are uniform." Personalized Law"---rules that vary person by person---will change that. Here …

Consumer protection in most domains of financial regulation centers on transparency.
Broadly construed, transparency involves making relevant information available to …