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The Heuristics Debate (Hardcover)
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The Heuristics Debate (Hardcover)
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All of use heuristics-that is, we reach conclusions using shorthand
cues without utilizing or analyzing all of the available
information at hand. For instance, when we tell someone we walked
'a mile,' we might not know if we actually walked that distance
precisely, but we know that if we tell someone that distance, the
listener will have a good sense of the distance from point A to
point B. Heuristics pervade all aspects of life, from the most
mundane practices to more important ones like economic decision
making and politics. The study of heuristics originated in
psychology, but in recent years, behavioral economists like Daniel
Kahneman have studied how heuristics shape our economic decisions.
Not surprisingly, opinions vary about our tendency to use
heuristics. The 'heuristics and biases' school argues that the
practice often leads to outcomes that are not ideal: people act on
too little information, make incorrect assumptions, and don't
understand the consequences of their actions. The 'fast and frugal'
school contends that while mistakes will inevitably occur, the
benefits-prompt action that leads to real achievements, as opposed
to paralysis-by-analysis-generally outweigh the costs. In The
Heuristics Debate, Mark Kelman takes a step back from the chaos of
competing academic debates to consider the wealth of knowledge that
a more expansive use of heuristics can open up. Removing the
concept from the realm of economic cost-benefit analysis and into
the practical, relevant domains of public and private life, Kelman
uncovers a powerful tool for understanding the relationship between
human reasoning ad public policy. Can we figure out more optimal
modes of disclosure to consumers, or better rules of evidence and
jury instructions if we understand more accurately how people
process information? Can we figure out how best to increase
compliance with law if we understand how people make decisions
whether or not to comply? Will democratically responsive bodies
regulate risk better if we understand how the public overestimates
and underestimates potential risks? Alongside a penetrating
analysis of the various schools of thought on heuristics, Kelman
ultimately offers a comprehensive account of how heuristics
shapes-and misshapes-law and policy in America. The Heuristics
Debate is a groundbreaking work that will reshape how we think
about the relationship between human psychology, the law, and
public policy. The book will appeal to advanced students and
scholars of law, business and public policy, both for its insight
into decision-making as well as its overall relevance to each of
these fields. It will also be of interest to undergraduate
psychology students, particularly those looking at the relationship
between psychology and public policy.
General
Imprint: |
Oxford UniversityPress
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Country of origin: |
United States |
Release date: |
May 2011 |
First published: |
April 2011 |
Authors: |
Mark Kelman
(Professor of Law)
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Dimensions: |
236 x 163 x 27mm (L x W x T) |
Format: |
Hardcover - Cloth over boards
|
Pages: |
336 |
ISBN-13: |
978-0-19-975560-8 |
Categories: |
Books >
Law >
Jurisprudence & general issues >
Law & society
Promotions
|
LSN: |
0-19-975560-4 |
Barcode: |
9780199755608 |
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