Behavioral Economics and strongInvestorstrong Protection - LAW eCommons.pdfVIP

Loyola University Chicago, School of Law LAW eCommons F culty Public tions Other Works 2013 Behavioral Economics and Investor Protection Michael J. Kaufman Loyola University C hicago, Sc hool of Law, mk ufma@ Follow this nd dditional works t : http://l /f cpubs P rt of the Securities L w Commons Recommended Cit tion K ufm n, Mich el J., Beh vioral Economics nd Investor Protection, 44 Loy. U. Chi. L. J. 1323 (2013) This Article is brought to you for free nd open ccess by LAW eCommons. It has been ccepted for inclusion in F culty Public tions Other Works by n uthorized dministr tor of LAW eCommons. For more inform tion, please cont ct l w-libr ry@. 1_KAUFMAN.DOCX 5/15/2013 12:45 PM Foreword: Behavioral Economics and Investor Protection Michael J. Kaufman * In this extraordinary issue of the Loyola University Chicago Law Journal , the world’s leading scholars, jurists, and practitioners have provided profound articles at the intersection of “Behavioral Economics and Investor Protection.” The articles emanate from a remarkable Conference held at Loyola University Chicago School of Law.1 The Conference began with a keynote address by Professor Daniel Kahneman. Professor Kahneman received the Nobel Memorial Prize in Economic Sciences for integrating the insights from his psychological research into economic science. His pathbreaking work, which is captured in his international best-selling book, Thinking, Fast and Slow,2 has animated the disciplines of behavioral science and behavioral economics. In his presentation at Loyola, Professor Kahneman e