Document Type

Book Chapter

Publication Date



This chapter reviews the challenges associated with developing a plausible theory of why psychological "heuristics and biases" might persist in high-stakes business settings. Specific attention is given to issues of loyalty on corporate boards, behavioral finance, and corporate cultures.

Publication Citation

David C. Langevoort, Behavioral Approaches to Corporate Law, ‚Äčin RESEARCH HANDBOOK ON THE ECONOMICS OF CORPORATE LAW (Claire A. Hill and Brett H. McDonnell eds., Northampton, Mass.: Edward Elgar 2012)