crossing the border into the moral domain changes moral thinking in two ways:(1) the facts
at hand become “anthropocentric” facts not easily open to revision, and (2) moral reasoning …

Objections to the rational actor model in law and economics are almost as old as the field
itself. Early skeptics about the economic analysis of law were quick to marshal arguments …

In a striking empirical regularity, deliberation tends to move groups, and the individuals who
compose them, toward a more extreme point in the direction indicated by their own …

The idea of libertarian paternalism might seem to be an oxymoron, but it is both possible and
desirable for private and public institutions to influence behavior while also respecting …

Economists have invented a game: the ultimatum game. The people who run the game give
some money, on a provisional basis, to the first of two players. The first player is told to offer …

O VER twenty years after its birth, the US Supreme Court's decision in Chevron USA v.
Natural Resources Defense Council, Inc.'shows no sign of losing its influence. On the …

Reports of the death of the nondelegation doctrine have been greatly exaggerated. Rather
than having been abandoned, the doctrine has merely been renamed and relocated. Its …

Unlike Marxian analysis, the economic approach I refer to does not assume that individuals
are motivated solely by selfishness or material gain. It is a method of analysis, not an …

In this article, Judge Richard A. Posner presents the first comprehensive economic analysis
of the law of evidence. The article is presented in three parts. First, Judge Posner proposes …

The cotton industry has almost entirely opted out of the public legal system, replacing it with
one of the oldest and most complex systems of private commercial law. 1 Most contracts for …