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Books > Law > Other areas of law > Law as it applies to other professions
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Theories of Choice - The Social Science and the Law of Decision Making (Hardcover)
Loot Price: R3,235
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Theories of Choice - The Social Science and the Law of Decision Making (Hardcover)
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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.
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