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Articles 1 - 3 of 3
Full-Text Articles in Law
Behavioral Finance Symposium Summary Paper, Michael S. Barr, Annabel Jouard, Andrew Norwich, Josh Wright, Katy Davis
Behavioral Finance Symposium Summary Paper, Michael S. Barr, Annabel Jouard, Andrew Norwich, Josh Wright, Katy Davis
Other Publications
On September 14-15, 2017, the University of Michigan’s Center on Finance, Law, and Policy and behavioral science research and design lab ideas42 brought together influential leaders from academia, government, nonprofits and the financial sector for a two-day symposium on behavioral finance. Behavioral finance is the study of how behavioral biases and tendencies affect financial decisions, and in turn how those impact financial markets.
Nudge-Proof: Distributive Justice And The Ethics Of Nudging, Jessica L. Roberts
Nudge-Proof: Distributive Justice And The Ethics Of Nudging, Jessica L. Roberts
Michigan Law Review
A review of Cass R. Sunstein, The Ethics of Influence: Government in the Age of Behavioral Science.
Evil Nudges, Michal Lavi
Evil Nudges, Michal Lavi
Vanderbilt Journal of Entertainment & Technology Law
The seminal book Nudge by Richard Thaler and Cass Sunstein demonstrates that policy makers can prod behavioral changes. A nudge is "any aspect of the choice architecture that alters people's behavior in a predictable way without forbidding any options or significantly changing their economic incentives." This type of strategy, and the notion of libertarian paternalism at its base, prompted discussions and objections. Academic literature tends to focus on the positive potential of nudges and neglects to address libertarian paternalism that does not promote the welfare of individuals and third parties, but rather infringes on it-a concept this Article refers to …