America is more divided than ever—but it doesn’t have to be. Open to Debate offers an antidote to the chaos. We bring multiple perspectives together for real, nonpartisan debates. Debates that are structured, respectful, clever, provocative, and driven by the facts. Open to Debate is on a mission to restore balance to the public square through expert moderation, good-faith arguments, and reasoned analysis. We examine the issues of the day with the world’s most influential thinkers spanning s ...
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Jonathan S. Masur, "The Behavioral Law & Economics of Happiness"
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Content provided by UChicagoLaw. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by UChicagoLaw or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
A central question in law and economics is how people will behave in the presence of legal rules. An essential part of that inquiry is what makes people happy or unhappy – what increases or decreases their “subjective well-being.” There is ample evidence that individuals make decisions based in part on what they believe will improve their well-being. In order to understand how legal rules will influence behavior, it is thus vital to understand how those rules will affect happiness. More generally, viewing law through a hedonic lens can help legal policymakers determine whether (or not) a given law or policy will be beneficial for the individuals affected by it. Jonathan S. Masur is John P. Wilson Professor of Law, David and Celia Hilliard Research Scholar, and Director of the Wachtell, Lipton, Rosen & Katz Program in Behavioral Law, Finance and Economics. The 2018 Coase Lecture in Law and Economics was presented on February 6, 2018.
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Manage episode 198340486 series 30905
Content provided by UChicagoLaw. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by UChicagoLaw or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
A central question in law and economics is how people will behave in the presence of legal rules. An essential part of that inquiry is what makes people happy or unhappy – what increases or decreases their “subjective well-being.” There is ample evidence that individuals make decisions based in part on what they believe will improve their well-being. In order to understand how legal rules will influence behavior, it is thus vital to understand how those rules will affect happiness. More generally, viewing law through a hedonic lens can help legal policymakers determine whether (or not) a given law or policy will be beneficial for the individuals affected by it. Jonathan S. Masur is John P. Wilson Professor of Law, David and Celia Hilliard Research Scholar, and Director of the Wachtell, Lipton, Rosen & Katz Program in Behavioral Law, Finance and Economics. The 2018 Coase Lecture in Law and Economics was presented on February 6, 2018.
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Similar to The University of Chicago Law School Faculty Podcast
America is more divided than ever—but it doesn’t have to be. Open to Debate offers an antidote to the chaos. We bring multiple perspectives together for real, nonpartisan debates. Debates that are structured, respectful, clever, provocative, and driven by the facts. Open to Debate is on a mission to restore balance to the public square through expert moderation, good-faith arguments, and reasoned analysis. We examine the issues of the day with the world’s most influential thinkers spanning s ...
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…
continue reading
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…
continue reading
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…
continue reading
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