In this essay, we build on the existing literature on the use of legal strategies for addressing problems of biased judgment and behavior, exploring how heuristics and biases may be exploited to foster efficiency in the presence of other incentive alignment problems. We also introduce two new categories: the hitherto unnoticed counterparts to debiasing and insulating strategies, which we will call “benevolent biasing,” and “cognitive leveraging” strategies.
Biasing, Debiasing and the Law / Luppi, B., Parisi, F., Pi, D. - In: Oxford Handbook of Behavioral Economics and the Law / [a cura di] D. Teichman and E. Zamir. - [s.l] : Oxford University Press, 2014. - ISBN 9780199945474. - pp. 143-163
Biasing, Debiasing and the Law
Barbara Luppi;
2014
Abstract
In this essay, we build on the existing literature on the use of legal strategies for addressing problems of biased judgment and behavior, exploring how heuristics and biases may be exploited to foster efficiency in the presence of other incentive alignment problems. We also introduce two new categories: the hitherto unnoticed counterparts to debiasing and insulating strategies, which we will call “benevolent biasing,” and “cognitive leveraging” strategies.
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