Terminological Conflation and the Behavioralist-Neoclassical Divide
Many disagreements implicating economic analysis arise from terminological misunderstandings. For example, a challenge when teaching Law and Economics is persuading students not to fight theorems or games. Unfamiliar students sometimes treat theorems or games as if they were hypotheses or theories. A similar phenomenon explains sometimes profound disagreements between scholars relying upon neoclassical economic theory, including first generation law and economics scholars, o