Abstract The Status Quo Bias (SQB) describes an individual's preference to avoid changes
and maintain the current situation. In today's world, technological advances require nearly …

This chapter surveys major issues arising in the economic analysis of contract law. It begins
with an introductory discussion of scope and methodology, and then addresses four main …

In the past few decades, economic analysis of law has been challenged by a growing body
of experimental and empirical studies that attest to prevalent and systematic deviations from …

The idea of libertarian paternalism might seem to be an oxymoron, but it is both possible and
desirable for private and public institutions to influence behavior while also respecting …

An updated and refreshed edition of the groundbreaking book that shows how people can
be nudged toward decisions that will improve their lives" If you've read Nudge and think you …

The authors first explain the various ways the rationality assumption is used in legal
scholarship and why it leads to unsatisfying policy prescriptions. They then systematically …

What is the relationship between fear, danger, and the law? In this text, Cass Sunstein
attacks the increasingly influential Precautionary Principle--the idea that regulators should …

Contract law has neither a complete descriptive theory, explaining what the law is, nor a
complete normative theory, explaining what the law should be. These gaps are unsurprising …

Privacy policies are widely used by online service providers to regulate the use of personal
data they collect, but users often skip on reading them and are unaware of the way …