Experimental law and economics
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Bibliographic Information
Experimental law and economics
（Research in experimental economics / series editors, R. Mark Isaac and Douglas A. Norton, v. 21）
Emerald, 2022
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Includes bibliographical references
Description and Table of Contents
Description
Experiments. Law. Economics. Those three words taken by themselves encompass vast parts of the human intellectual experience. Even when we link them together as Experimental Law and Economics, we see a large and diverse body of inquiry over the last half century. This 21st volume of Research in Experimental Economics focuses on experimental and empirical investigations into topics about both the economic effects of the law and how economic theories can explain the behavior of individuals within a legal system.
The papers in this volume follow two long-standing traditions. Firstly, the tradition of experimental methodology that allows one to test the potential impacts of alternate institutional arrangements. Secondly, a subset of the papers in this volume, in addition to exploring institutional change, follow the tradition in experimental economics of replication and robustness studies.
Illuminating three key areas, by summarizing mechanisms to facilitate the assembly of property rights, exploring legal procedure, and replicating classic market experiments using more recent experimental methods to understand how different market rules affect market outcomes, each of these papers contributes to one of the broader areas within experimental law and economics.
Table of Contents
- Introduction
- R. Mark Isaac and Carl Kitchens Chapter 1. Land-Assembly Experiments: A Survey
- Javier Portillo Chapter 2. Laboratory Experiments of Land Assembly without Eminent Domain
- Mark DeSantis, Matthew McCarter, and Abel Winn Chapter 3. Multi-offer Litigation: An Empirical Analysis of Alternative Mechanisms
- Alexandros Sivvopoulos and Mark Van Boening Chapter 4. Not as I Do: Hypocrisy Aversion and Optimal Punishment of Common Offenses
- Greg DeAngelo, Michael Makowsky, and Bryan McCannon Chapter 5. The Robustness of Lemons in Experimental Markets
- Blake Dunkle, R. Mark Isaac, and Philip Solimine
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