We present a model of judicial decision making in which the judge overweights the salient facts of the case. The context of the judicial decision, which is comparative by nature, shapes which aspects of the case stand out and draw the judge's attention. By focusing judicial attention on such salient aspects of the case, legally irrelevant information can affect judicial decisions. Our model accounts for a range of recent experimental evidence bearing on the psychology of judicial decisions,including anchoring eects in the setting of damages, decoy eects in choice of legal remedies, and framing eects in the decision to litigate. The model also offers a new approach to positive analysis of damage awards in torts.

Salience theory of judicial decisions

BORDALO, PEDRO;GENNAIOLI, NICOLA;SHLEIFER, ANDREI
2015

Abstract

We present a model of judicial decision making in which the judge overweights the salient facts of the case. The context of the judicial decision, which is comparative by nature, shapes which aspects of the case stand out and draw the judge's attention. By focusing judicial attention on such salient aspects of the case, legally irrelevant information can affect judicial decisions. Our model accounts for a range of recent experimental evidence bearing on the psychology of judicial decisions,including anchoring eects in the setting of damages, decoy eects in choice of legal remedies, and framing eects in the decision to litigate. The model also offers a new approach to positive analysis of damage awards in torts.
2015
2015
Bordalo, Pedro; Gennaioli, Nicola; Shleifer, Andrei
File in questo prodotto:
File Dimensione Formato  
JLS_acceptance.pdf

non disponibili

Tipologia: Allegato per valutazione Bocconi (Attachment for Bocconi evaluation)
Licenza: NON PUBBLICO - Accesso privato/ristretto
Dimensione 294.66 kB
Formato Adobe PDF
294.66 kB Adobe PDF   Visualizza/Apri
676007.pdf

non disponibili

Descrizione: articolo
Tipologia: Pdf editoriale (Publisher's layout)
Licenza: NON PUBBLICO - Accesso privato/ristretto
Dimensione 679.7 kB
Formato Adobe PDF
679.7 kB Adobe PDF   Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11565/3878921
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 40
  • ???jsp.display-item.citation.isi??? 38
social impact