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    Bordalo, Pedro, Nicola Gennaioli, and Andrei Shleifer. 2015. “Salience Theory of Judicial Decisions.” Journal of Legal Studies 44 (S1): S7-S33. Publisher's Version Abstract

    We present a model of judicial decision making in which the judge overweights the salient facts of the case. The context of the judicial decision, which is comparative by nature, shapes which aspects of the case stand out and draw the judge's attention. By focusing judicial attention on such salient aspects of the case, legally irrelevant information can aect judicial decisions. Our model accounts for a range of recent experimental evidence bearing on the psychology of judicial decisions, including anchoring eects in the setting of damages, decoy eects in choice of legal remedies, and framing eects in the decision to litigate. The model also oers a new approach to positive analysis of damage awards in torts.