Course Listing

Behavioural Economics, Law & Regulation
Last Updated Date:   16 July 2024


5 Units,  Semester 2

Course Description:
Law is a behavioural system. Most law seeks to regulate, incentivize and nudge people to behave in some ways and not in others - it seeks to shape human behaviour. Traditional economic analysis of law is committed to the assumption that people are fully rational, but empirical evidence suggests that people very often exhibit bounded rationality, bounded self-interest, and bounded willpower. This course about behavioural law and economics, with an emphasis on regulation, looks at the implications of actual, not hypothesized, human behaviour for the law. It considers, in particular, how using the mildest forms of interventions, law can steer people's choices in welfare-promoting directions.

Course Convenor: Senior Research Fellow Juliana Cardinale

Co-teacher(s): NA

Course Codes: LL4308V / LL5308V / LL6308V / LLJ5308V

Contact Hours: 3 hour weekly seminar

Workload: 3 hours

Mode of Assessment: Class Participation - 20%; Research Paper (6000 words, excluding footnotes) - 80% [Due: Thursday, 17 April 2025 (9am)]

Preclusions: LL4308/LL5308/LLJ5308/LL6308 Behavioural Economics, Law & Regulation.

Prerequisites: NUS Compulsory Core Law Curriculum or common law equivalent.

Examination Date: Different Mode of Examination

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