| F. A. Hayek Program F. A. Hayek Program | Journal Articles Journal Articles | May 2017 Do we need behavioral economics to explain law? By Peter Leeson Originally published in European Journal of Law and Economics Do we need behavioral economics to explain law? I analyze Judge Guido Calabresi’s claim that we do. I find that, actually, we don’t; traditional economic theory can explain law just fine. Additional details Read the full article here. To speak with a scholar or learn more on this topic, visit our contact page.