Direct experiences, we find, influence environmental risk beliefs more than the indirect experiences derived from outcomes to others. This…
Nonprofit charities and foundations hold endowments and many other kinds of investments. How do these investments perform? Some high-…
We continue our examination of the investment performance of nonprofit charities and foundations. This analysis tests hypotheses about what…
We conduct and analyze two large surveys of hypothetical annuitization choices. We find that allowing individuals to annuitize a fraction…
The premise of this article is that an understanding of psychology and other social science disciplines can inform the effectiveness of the…
The sweeping changes to the US military announced recently by Defense Secretary Chuck Hagel are the most public recognition yet of the…
America’s dysfunctional budget process has been mired in federal shutdowns and debt ceiling brinksmanship for the past several years. No…
After Iraq and Afghanistan, the US appetite for foreign interventions is about as low as it’s ever been. Many Americans are frustrated that…