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The Psychology of Property Law

Stephanie M. Stern, Daphna Lewinsohn-Zamir

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NYU Press img Link Publisher

Geisteswissenschaften, Kunst, Musik / Psychologie

Beschreibung

Considers how research in psychology offers new perspectives on property law, and suggests avenues of reform

Property law governs the acquisition, use and transfer of resources. It resolves competing claims to property, provides legal rules for transactions, affords protection to property from interference by the state, and determines remedies for injury to property rights. In seeking to accomplish these goals, the law of property is concerned with human cognition and behavior. How do we allocate property, both initially and over time, and what factors determine the perceived fairness of those distributions? What social and psychological forces underlie determinations that certain uses of property are reasonable? What remedies do property owners prefer?

The Psychology of Property Law explains how assumptions about human judgement, decision-making and behavior have shaped different property rules and examines to what extent these assumptions are supported by the research. Employing key findings from psychology, the book considers whether property law’s goals could be achieved more successfully with different rules. In addition, the book highlights property laws and conflicts that offer productive areas for further behaviorally-informed research.

The book critically addresses several topics from property law for which psychology has a great deal to contribute. These include ownership and possession, legal protections for residential and personal property, takings of property by the state, redistribution through property law, real estate transactions, discrimination in housing and land use, and remedies for injury to property.

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Schlagwörter

bailments, inequity aversion, psychology-informed property law, undercompensation, self- help, Schemas, homes, injunctions, long-term tenants, bounded rationality, legitimacy, implicit bias, well-being, groupthink, sunk costs, in-kind redress, bundle of rights, omission bias, Discrimination, liability rules, neighborhood associations, property rules, Remedies, anchoring, family property, overoptimism, first possession, trespass, nudges, Ownership, ownership, theories of private property, monetary compensation, Fair Housing Act, self-serving bias, Possession, dictator game, expropriation, cognitive biases, mere ownership effect, takings, disparate impact, dual agency, remedies, homelessness, Preferences, identifiability effect, applied psychology, just compensation, tenancy by the entirety, cultural differences, identity, optimism bias, property rights, endowment effect, redistribution, Taxes, personal property, bankruptcy exemptions, social norms, deception, fair housing, homestead exemptions, adaptation, participatory democracy, reparcellation, behavioral law and economics, externalities, eminent domain, source dependence, personhood theory, ultimatum game, debiasing, quick take, resource theory, Stereotype, motivated reasoning, Prejudice, adverse possession, Lockean labor theory