Biasing, Debiasing, and the Law
Publication
Debiasing
Year
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.
Recommended Citation
Daniel Pi, Francesco Parisi & Barbara Luppi, Biasing, Debiasing, and the Law, in The Oxford Handbook of Behavioral Economics and the Law (Eyal Zamir & Doron Teichman, eds., Oxford University Press, 2014)