A PYMNTS Company

The Role of Behavioral Economics in Competition Law: A Judicial Perspective

By  |  April 5, 2010

Vivien Rose, Apr 01, 2010

To date, the literature on the role of behavioral economics in the context of competition policy has largely focused on the development of the theory and practice of behavioral economics in the analysis of competition cases. It is also useful, however, to consider how arguments about behavioral economics are likely to be received in a judicial setting.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    It will take longer for academic writings on behavioral economics to filter through into the arguments before and judgments of the Tribunal or the High Court than it does in the U.S. courts—indeed that might never happen. But, in fact, what courts have been doing all along may be closer to behavioral economics than to more conventional economic theories of rational behavior.