@article {132951,
	title = {Salience Theory of Judicial Decisions},
	journal = {Journal of Legal Studies},
	volume = {44},
	number = {S1},
	year = {2015},
	pages = {S7-S33},
	abstract = {We present a model of judicial decision making in which the judge overweights the salient facts\&nbsp;of the case. The context of the judicial decision, which is comparative by nature, shapes which\&nbsp;aspects of the case stand out and draw the judge{\textquoteright}s attention. By focusing judicial attention on such\&nbsp;salient aspects of the case, legally irrelevant information can aect judicial decisions. Our model\&nbsp;accounts for a range of recent experimental evidence bearing on the psychology of judicial decisions,\&nbsp;including anchoring eects in the setting of damages, decoy eects in choice of legal remedies, and\&nbsp;framing eects in the decision to litigate. The model also oers a new approach to positive analysis\&nbsp;of damage awards in torts.},
	url = {http://www.jstor.org/stable/pdf/10.1086/676007.pdf?acceptTC=true\&jpdConfirm=true},
	author = {Pedro Bordalo and Nicola Gennaioli and Andrei Shleifer}
}
