Incentives, choices, and strategic behavior: a neuroeconomic perspective for the law

Terrence R. Chorvat · Kevin McCabe

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Decision-Making and Behavioral Economics Experimental Behavioral Economics Studies Law, Economics, and Judicial Systems

Abstract

This chapter discusses some ways in which neuroscientific research applied to economics, commonly referred to as neuroeconomics, can inform legal scholarship. Given the limitations on space in this chapter, it was not possible to discuss anything like all of the neuroeconomic research that has been done in the last few years, even all of that which is of relevance to legal scholarship. Therefore, this chapter is a highly selective review of the research that the authors believe is useful to legal scholars. The focus of the chapter is on neuroeconomic research related to financial decisions and its relevance to legal scholarship.

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