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, ​in RESEARCH HANDBOOK ON THE ECONOMICS OF CORPORATE LAW (Claire A. Hill and Brett H. McDonnell eds., Northampton, Mass.: Edward Elgar 2012)