Binding: Hardcover
Description: Choice is a key concept of our time. It is a foundational mechanism for every legal order in societies that are politically constituted as democracies and economically built on the market mechanism. Thus choice can be understood as an atomic structure that grounds core societal processes. In recent years however the debate over the right way to theorize choice - for example as a rational or a behavioral type of decision making - has intensified. This collection provides an in - depth discussion of the promises and perils of specific types of theories of choice. It shows how the selection of a specific theory of choice can make a difference for concrete legal questions in particular in the regulation of the digital economy or in choosing between market firm or network. In its first part the volume provides an accessible overview of the current debates about rational versus behavioral approaches to theories of choice. The remainder of the book structures the vast landscape of theories of choice along with three main types: individual collective and organizational decision making. As theories of choice proliferate and become ever more sophisticated however the process of choosing an adequate theory of choice becomes increasingly intricate. This volume addresses this selection problem for the various legal arenas in which individual organizational and collective decisions matter. By drawing on economic technological political and legal points of view the volume shows which theories of choice are at the disposal of the legally relevant decision - maker and how they can be operationalized for the solution of concrete legal problems. The editors acknowledge the kind support of the Fritz Thyssen Foundation for an exploratory conference on the subject of the book.
Title: Theories Of Choice The Social Science And The Law Of Decision Making
Brand: Oxford University Press
Barcode: 9780198863175
Pages: 352 Pages
Publication Date: 3/14/2021
Category: Law As It Applies To Other Professions