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Behavioral Decision Research, Legislation, and Society: Three Cases
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Max H. Bazerman
Published/Copyright:
May 30, 2007
Economists have a great deal of influence on the legislative and judicial branches of government. This is good. But, the dominance of economics in Washington has led to the undervaluation of other social sciences. This paper explores the limitations of a traditional economics approach, the benefits of the consideration of behavioral decision research and behavioral economics, and an analysis of how this pattern affected decision making in three distinct episodes.
Published Online: 2007-5-30
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
- Article
- Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence
- Behavioral Decision Research, Legislation, and Society: Three Cases
- Local Company Politics: A Proposal
- Discussion and Commentary
- Freedom versus Control: Comment on "Behavioral decision research, legislation, and society: Three cases" by Max H. Bazerman
- Comments on Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence by David Howell, Dean Baker, Andrew Glyn, and John Schmitt
- Comment on Fisman and Werker's "Local Company Politics: A Proposal"
