Behavioral Economics

• Prospect Theory By Lionel Page 
• It's not a bug, it's a feature: Revisiting Kahneman and Tversky's insights on subjective satisfaction By Lionel Page, Optimally Irrational (blog), June 28, 2023
  
• That Giant College ‘Sticker’ Price Isn’t What Most Students Pay By Ann Carrns, The New York Times, April 12, 2024 [Is education a Veblen good?]
  
• Daniel Kahneman, Who Plumbed the Psychology of Economics, Dies at 90 By Robert D. Hershey, The New York Times, March 27, 2024
• The Nobel Prize-Winning Professor Who Liked to Collaborate With His Adversaries By Cass R. Sunstein, The New York Times, April 1, 2024
  
• The Unlikely Story of Behavioral Economics Podcast, Opinion Science, February 26, 2024
  
• They Studied Dishonesty. Was Their Work a Lie? By Gideon Lewis-Kraus, The New Yorker, September 30, 2023
  
• The Harvard Professor and the Bloggers By Noam Scheiber, The New York Times, September 30, 2023 ["When Francesca Gino, a rising academic star, was accused of falsifying data — about how to stop dishonesty — it didn’t just torch her career. It inflamed a crisis in behavioral science."]
  
• Opinion Why colleges hide the truth about tuition (it isn’t as high as advertised) By George F. Will, The Washington Post, August 30, 2023 
  
• The Fall of a Superstar Psychologist By quant, YouTube, August 5, 2023
  
• ‘Random Acts of Medicine’ Review: Paging Dr. Chance By Alex Tabarrok, The Wall Street Journal, August 2, 2023 [Review of "Random Acts of Medicine" by Anupam Jena and Christopher Worsham.]
  
• Do judges give out tougher sentences when hungry? The story behind a study too good to be true By Stuart Ritchie, i News, March 29, 2023
  
• The long-term effects of conditional cash transfer programmes: Evidence from Colombia By Attanasio, O, L Cardona-Sosa, C Medina, C Meghir, C M Posso-Suárez and Bibiana Taboada, VoxDev, February 27, 2023 [Example of a non-nudge intervention based on behavioral economics.]
  
•  Manufacturers use 'shrinkflation' to pass costs on to consumers  PBS NewsHour, YouTube, July 29, 2022
  
• The death of behavioral economics By Jason Hreha (blog), August 28, 2021
  
• For a Fairer World, It’s Necessary First to Cut Through the ‘Noise’ By Steven Brill, The New York Times, May 18, 2021
  
• Daniel Kahneman: ‘Clearly AI is going to win. How people are going to adjust is a fascinating problem’ By Tim Adams, The Guardian, May 16, 2021
  
• Bias Is a Big Problem. But So Is ‘Noise.’ By Daniel Kahneman, Olivier Sibony and Cass R. Sunstein, The New York Times, May 15, 2021
  
•  Good Moods Often Lead to Bad Judgments By Daniel Kahneman, Olivier Sibony and Cass R. Sunstein, The Wall Street Journal, May 13, 2021. [Excerpt from "Noise".]
  
• Cognitive Reflection Problems By Numberphile YouTube Channel, January 31, 2021
  
• Just How Dishonest Are Most Students? By Christian B. Miller, The New York Times, Nov. 13, 2020
• Using behavioural economics in development policy Michael Kremer and Gautam Rao, interviewed by VoxDev, January 29, 2020
  
• Neuroeconomics and Shopping: Don’t Ask the Person, Ask the Brain (Colin Camerer, Caltech) Marginal Revolution University YouTube Channel, June 9, 2020
  
• How Common Mental Shortcuts Can Cause Major Physician Errors  By Anupam B. Jena and Andrew R. Olenski, The New York Times, Feb. 20, 2020
• The simple maths error that can lead to bankruptcy By David Robson, Worklife (blog), BBC.com, 17th February 2020 [The “gambler’s fallacy” - which can affect everyone from athletes to loan officers - creates deceptive biases that lead you to anticipate patterns that don’t really exist.]
  
• Laplace's Theories of Cognitive Illusions, Heuristics, and Biases Suggested citation: Miller, Joshua B. and Gelman, Andrew, Laplace's Theories of Cognitive Illusions, Heuristics, and Biases (December 1, 2018). Available at SSRN: https://ssrn.com/abstract=3149224 or http://dx.doi.org/10.2139/ssrn.3149224
  
• For more, see Laplace’s Theories of Cognitive Illusions, Heuristics and Biases by Andrew Gelman, Statistical Modeling, Causal Inference, and Social Science (blog), 5 June 2020
• Reversals in psychology By Gavin Leech, ArgMin Gravitas (blog), January 26, 2020
  
• Why Facts Don’t Change Our Minds By Elizabeth Kolbert, The New Yorker, February 20, 2017 
• Self-Control
• The Marshmallow Test and other predictors of success have bias built in, researchers say By Carolyn Y. Johnson, The Washington Post, August 29, 2024
  
• Fairness
  
• Consumers Hate ‘Price Discrimination,’ but They Sure Love a Discount By Lydia DePillis, The New York Times, April 6, 2024
  
• Placebo Effect
• Think you are sick? It may be the nocebo effect. By Stacey Colino, The Washington Post, August 7, 2024
  
• ‘No Better Than Placebo’ By Ted J. Kaptchuk, The New York Times, October 10, 2023
  
• Nudges
• The Problem With Behavioral Nudges By Evan Polman and Sam J. Maglio, The Wall Street Journal, May 26, 2024
  
• Second Thoughts about Nudge-based Behavioral Policies By Timothy Taylor, Conversable Economist (blog), July 21, 2023
  
• How ‘nudge economics’ lets companies pass the buck By Helaine Olen, The Washington Post, May 16, 2022
  
• More Than Nudges Are Needed to End the Pandemic By Richard H. Thaler, The New York Times, August 5, 2021
  
• Why we can’t always be “nudged” into changing our behavior  By Kelsey Piper, Vox.com, Feb 26, 2020
• Recent studies looked at “nudging” interventions and mostly found disappointing results.
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• Loss Aversion
• The Brain Hates Losing (and Other News from Neuroeconomics)  By Colin Camerer, Caltech, YouTube, October 12, 2022
  
• Automatic Saving
• Saving at Work for Retirement: A Perk Coming to More States in 2021 By Tammy La Gorce, The New York Times, Dec. 22, 2020
  
• More Workers Get Help in Building Rainy Day Savings By Ann Carrns, The New York Times, Nov. 6, 2020
  
• I Made One Simple Financial Change and It Lowered My Spending By JOE PINSKER, The Atlantic, SEPTEMBER 7, 2018
  
• Phishing for Phools
• How One Firm Drove Influence Campaigns Nationwide for Big Oil By Hiroko Tabuchi, The New York Times, Nov. 11, 2020. [FTI, a global consulting firm, helped design, staff and run organizations and websites funded by energy companies that can appear to represent grass-roots support for fossil-fuel initiatives.]
  
• "Phishing for Phools" | Talks at Google by Robert J. Shiller, Talks at Google (YouTube channel), November 18, 2015
• Phishing for Phools: the economics of manipulation and deception by Robert J. Shiller, LSE (YouTube channel), November 11, 2015
• Charity
• What Makes People Give? By David Leonhardt, The New York Times, March 9, 2008
  
• Mental Accounting
• Mental Accounting by Daniel Kahneman, INTELECOM (YouTube channel), April 4, 2018
  
• Cognitive Biases: Mental Accounting by Laurie Santos, Wireless Philosophy (YouTube channel), September 19, 2015
• Mental Accounting by Dan Ariely, Long Luong (YouTube channel), April 7, 2013
• Addiction
• The Science Behind Your Need for One More Potato Chip By Daniel E. Lieberman, The New York Times, March 12, 2021. [Review of "HOOKED: Food, Free Will, and How the Food Giants Exploit Our Addictions" By Michael Moss.]
• This Addiction Treatment Works. Why Is It So Underused? By Abby Goodnough, The New York Times, Oct. 27, 2020
• Defaults
• How The Trump Campaign Steered Supporters Into Unwitting Donations MSNBC YouTube Channel,April 5, 2021 
• Peer Effects
• Debunking Common Psychology Myths #2: The Stanford Prison Experiment By Dominic Packer and Jay Van Bavel, The Power Of Us (newsletter), October 1, 2024
  
• Could Peer Influence Be a Cause of the Global Baby Bust? By Peter Coy, The New York Times, April 21, 2023
• How peer pressure can help stop climate change by Robert H. Frank, The Washington Post, February 20, 2020
• Behavioral Finance
• When It Comes to Money, Your Brain Can Be Your Own Worst Enemy By Kristin Wong, The New York Times, February 26, 2023 [Our cognitive biases can get in the way of saving for the future, especially for retirement. Here’s how to recognize and overcome them.] 
• ‘Dumb Money’ Exposes the Baffling Allure of Bad Investment Advice By Owen A. Lamont and Richard H. Thaler, The New York Times, October 1, 2023
• Overconfidence
• Jensen Huang, the cofounder and current CEO of Nvidia, wouldn't do it all over again if he could. x.com, July 26, 2024