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Philipp Hacker
Verhaltensökonomik und Normativität
Die Grenzen des Informationsmodells im Privatrecht und seine Alternativen
[Behavioural Economics and Normativity. The Limits of the Disclosure Paradigm in Private Law and Its Alternatives.]
2017. XL, 1022 pages. Published in German.
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People make mistakes, for example in purchase or investment decisions. Novel strategies of regulation seek to use these insights. However, they can only unfold their full potential once they are reconciled with core legal principles. Eventually, in this way, fair behaviour may even be legally promoted.