Psychology, behavioral economics, and public policy

On Amir, Dan Ariely, Alan Cooke, David Dunning, Nicholas Epley, Uri Gneezy, Botond Koszegi, Donald Lichtenstein, Nina Mazar, Sendhil Mullainathan, Drazen Prelec, Eldar Shafir, Jose Silva

Research output: Contribution to journalArticle

45 Scopus citations

Abstract

Economics has typically been the social science of choice to inform public policy and policymakers. In the current paper we contemplate the role behavioral science can play in enlightening policymakers. In particular, we provide some examples of research that has and can be used to inform policy, reflect on the kind of behavioral science that is important for policy, and approaches for convincing policy-makers to listen to behavioral scientists. We suggest that policymakers are unlikely to invest the time translating behavioral research into its policy implications, and researchers interested in influencing public policy must therefore invest substantial effort, and direct that effort differently than in standard research practices.

Original languageEnglish (US)
Pages (from-to)443-454
Number of pages12
JournalMarketing Letters
Volume16
Issue number3-4
DOIs
StatePublished - Dec 2005

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Economics and Econometrics
  • Marketing

Keywords

  • Behavioral economics
  • Psychology
  • Public policy

Fingerprint Dive into the research topics of 'Psychology, behavioral economics, and public policy'. Together they form a unique fingerprint.

  • Cite this

    Amir, O., Ariely, D., Cooke, A., Dunning, D., Epley, N., Gneezy, U., Koszegi, B., Lichtenstein, D., Mazar, N., Mullainathan, S., Prelec, D., Shafir, E., & Silva, J. (2005). Psychology, behavioral economics, and public policy. Marketing Letters, 16(3-4), 443-454. https://doi.org/10.1007/s11002-005-5904-2