Research Handbook on Behavioral Law and Economics
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Research Handbook on Behavioral Law and Economics

Edited by Joshua C. Teitelbaum and Kathryn Zeiler

The field of behavioral economics has contributed greatly to our understanding of human decision making by refining neoclassical assumptions and developing models that account for psychological, cognitive, and emotional forces. The field’s insights have important implications for law. This Research Handbook offers a variety of perspectives from renowned experts on a wide-ranging set of topics including punishment, finance, tort law, happiness, and the application of experimental literatures to law. It also includes analyses of conceptual foundations, cautions, limitations and proposals for ways forward.
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Chapter 10: Happiness 101 for legal scholars: applying happiness research to legal policy, ethics, mindfulness, negotiations, legal education, and legal practice

Peter H. Huang

Abstract

This chapter offers legal scholars a brief introductory survey of modern happiness research. It analyzes how happiness research can inform legal policy, and explains how and why happiness research differs from and is related to behavioral economics. The author develops two conditions under which law and policy should care more about experienced happiness versus remembered happiness. Connections are made between being happy, being ethical, and being mindful, while the chapter illustrates how happiness research applies and relates to negotiations and conflict resolution. Finally, the author considers how happiness research can improve legal education and legal practice.

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