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Experimental Law and Economics

By Mark R. Isaac
Emerald Publishing February 2022

Specifications

ISBN-13
9781838675387
Publisher
Emerald Publishing
Publication
February 2022
Format
Hardback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

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.

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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