Russell Korobkin
University of California, Los Angeles
72 Papers
647 Citations
Russell Korobkin is an academic researcher from University of California, Los Angeles. The author has contributed to research in topics: Bounded rationality & Settlement (litigation). The author has an hindex of 21, co-authored 72 publications. Previous affiliations of Russell Korobkin include University of Michigan & Loyola University Chicago.
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Papers
•Posted Content
Bargaining with the CEO: The Case for 'Negotiate First, Choose Second'
TL;DR: In this paper, the authors argue that the traditional "choose first, negotiate second" negotiation strategy is inferior to its alternative, which they call "negotiate first, choose second" or "N1C2".
Wrestling with the Endowment Effect, or How to Do Law and Economics without the Coase Theorem
TL;DR: In this article, the authors present the core empirical findings concerning the endowment effect and critically evaluate recent claims that the effect might be an artifact of poor experimental design, and evaluate the evidence for several highly-contested interpretations of what psychological process or processes cause the effect.
Psychological Barriers to Litigation Settlement: An Experimental Approach
Chris Guthrie,Russell Korobkin +1 more
TL;DR: Trubek et al. as mentioned in this paper found that approximately 8% of civil suits filed in state and federal courts went to trial, and another 22.5% of those cases were disposed of by judges, most through dismissal, summary judgment, or default judgment.
•Posted Content
Are Heuristics a Problem or a Solution
Stefan Magen,Douglas A. Kysar,Peter Ayton,Ronald Frank,Bruno S. Frey,Gerd Gigerenzer,P. W. Glimcher,Russell Korobkin,D. C. Langevoort,Christoph Engel +9 more
TL;DR: The 94th Dahlem Workshop on Heuristics and the Law as discussed by the authors discussed and debated a range of methodological, descriptive, and prescriptive issues concerning the implications of cognitive psychology for law, many of which are summarized in this consensus report.
Group report : Are heuristics a problem or a solution?
Douglas A. Kysar,Peter Ayton,Robert H. Frank,Bruno S. Frey,Gerd Gigerenzer,Paul W. Glimcher,Russell Korobkin,Donald C. Langevoort,Stefan Magen +8 more
- 01 Jan 2006
TL;DR: In this paper, a range of methodological, descriptive, and prescriptive issues concerning the implications of cognitive psychology for law are surveyed, with particular attention to the distinction between optimality-based and heuristic-based decision making models within psychology.