¹ Jolis, Christine, Sunstein, Cass R. & Thaler, Richard H., “A Behavioral Approach to Law and Economics” in Sunstein, Cass R., ed., Behavioral Law and Economics (Cambridge: Cambridge University Press, 2000) 13–58 at 16.CrossRefGoogle Scholar

² Ibid. at 17.

³ Simon, Herbert A., “Theories of Bounded Rationality” in McGuire, C.B. & Radner, Roy, eds., Decision and Organization: A Volume in Honor of Jacob Marschak (Minneapolis: University of Minnesota Press, 1972) 161–76Google Scholar; Simon, Herbert A., “From substantive to procedural rationality” in Hahn, Frank & Hollis, Martin, eds., Philosophy and Economic Theory (Oxford: Oxford University Press, 1979) 65–85Google Scholar; Simon, Herbert A., “Rational Decision Making in Business Organizations” (1979) 69 American Economic Review 493–514Google Scholar; Simon, Herbert A., “Bounded Rationality” in Eatwell, John, Milgate, Murray & Newman, Peter, eds., The New Palgrave - Utility and Probability (New York, W.W. Norton, 1987) 15–18.Google Scholar

⁴ See the compilations in Kahneman, Daniel, Slovic, Paul & Tversky, Amos, eds., Judgment under Uncertainty: Heuristics and Biases (Cambridge: Cambridge University Press, 1982)CrossRefGoogle Scholar; Kahneman, Daniel & Tversky, Amos, eds., Choices, Values, and Frames, (Cambridge: Cambridge University Press, 2000).Google Scholar

⁵ See for instance Elster, Jon, Ulysses and the Sirens - Studies in Rationality and Irrationality, 2d ed. (Cambridge: Cambridge University Press and Paris: Editions de la Maison des Sciences de l'Homme, 1984)Google Scholar; Elster, Jon ed., The Multiple Self (Cambridge: Cambridge University Press, 1985)Google Scholar; Elster, Jon, Sour Grapes – Studies in the Subversion of Rationality 2d ed. (Cambridge: Cambridge University Press et Paris, Maison des Sciences de l'Homme, 1985)Google Scholar

⁶ For instance, Knetsch, Jack L., & Sinden, J.A., “The Persistence of Evaluation Disparities” (1984) 99 Quarterly Journal of Economics 691–95Google Scholar; Knetsch, Jack L., “The Endowment Effect and Evidence of Nonreversible Indifference Curves” (1989) 79 American Economic Review 1277–284Google Scholar; Kahneman, Daniel, Knetsch, Jack L. & Thaler, Richard H., “Experimental Tests of the Endowment Effect and the Coase Theorem” (1990) 98 Journal of Political Economy 1325–348CrossRefGoogle Scholar; Kahneman, Daniel, Knetsch, Jack L. & Thaler, Richard H., “The Endowment Effect, Loss Aversion, and Status Quo Bias” (1991) 5 Journal of Economic Perspectives 193–206.CrossRefGoogle Scholar

⁷ Posner, Richard A., Economic Analysis of Law, 6th ed. (New York: Aspen Law & Business 2003) at xix.Google Scholar

⁸ Journal of Law and Economics, Journal of Legal Studies, Journal of Law, Economics, & Organization, International Review of Law and Economics, European Journal of Law and Economics, Supreme Court Economics Review, Antitrust Law and Economics Review.

⁹ Langevoort, Donald C., “Behavioral Theories of Judgment and Decision Making in Legal Scholarship: A Literature Review” (1998) 51 Vand. L. Rev. 1499–540Google Scholar.

¹⁰ Jolis, Christine, Sunstein, Cass R. & Thaler, Richard H. “A Behavioral Approach to Law and Economics” (1998) 50 Stan. L. Rev. 1471–550.CrossRefGoogle Scholar

¹¹ Cass R. Sunstein & Edna Ullmann-Margalit, “Second-Order Decisions” in Sunstein, ed., supra note 1, 187–208 at 187.

¹² Sunstein ed., Introduction, supra note 1, 3–9.

¹³ Sunstein & Ullmann-Margalit, supra note 11 at 191.

¹⁴ Russell Korobkin, “Behavioral Economics, Contract Formation, and Contract Law” in Sunstein, ed., supra note 1, 116–43.

¹⁵ Ibid. 142.

¹⁶ Jolis, Christine, Sunstein, Cass R. & Thaler, Richard H., “A Behavioral Approach to Law and Economics” (1998) 50 Stan. L. Rev. 1471–550CrossRefGoogle Scholar – reproduced as chapter 1 of the Sunstein book; Posner, Richard A., “Rational Choice, Behavioral Economics, and the Law” (1998) 50 Stan. L. Rev. 1551–575CrossRefGoogle Scholar – reproduced in modified form as chapter 8 in Posner, Richard A., Frontiers of Legal Theory (Cambridge: Harvard University Press, 2001).Google Scholar

¹⁷ Sunstein ed., Introduction, supra note 1 atlO.

¹⁸ For instance, provisions requiring written estimates for car repairs, prohibiting certain clauses, stipulating uniform warranties for all merchandise, including software remain dead letter or are seen as unnecessary red tape.