In addition to difficulties gathering and evaluating complete information, cognitive limitations and biases preclude individuals from…
When income segregation is coupled with racial segregation, low-income blacks cluster in neighbourhoods that feature disadvantages along…
People are regularly asked to report on their likelihoods of carrying out consequential future behaviors, including complying with medical…
This article is based on the author's Homer Jones Memorial Lecture delivered at the Federal Reserve Bank of St. Louis, April 6, 2016.
Not since Rome has one nation loomed so large above the others. In the words of The Economist, “the United States bestrides the globe like…
Local government is not broken, just burdened. The obsolete rules and regulations discussed here make the conceptualization of alternatives…
Senior government executives make many difficult decisions, but research suggests that individual cognitive limitations and the pathologies…
People contribute more to public goods when their contributions are made more observable to others. We report an intervention that subtly…
In this paper we provide a model of Research Joint Venture (RJV), and study the incentives of competing firms to cooperate in product…
One of the most pervasive debates in literature on managing people is whether using “hard” or “soft” approaches—seeking to influence…