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Behavioral ‘Nudges’ Offer a Cost-Effective Policy Tool
A study examining the cost-effectiveness of nudges and typical policy interventions shows that nudges often yield high returns at a low cost.
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American Academy of Arts & Sciences Elects 9 Psychological Scientists as Fellows
The American Academy of Arts & Sciences has elected APS Treasurer Roberta L. Klatzky, APS James McKeen Cattell Fellow J. Frank Yates, APS Fellow Mary C. “Molly” Potter, and several other psychological scientists as fellows
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APS Among Partners in March for Science
Thousands of people, many wearing knitted “brain” caps, braved persistent rain on April 22 to participate in the flagship March for Science, held on the National Mall in Washington, DC. APS was one of many scientific organizations
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The Friendship That Created Behavioral Economics
The Atlantic: The term “the economic man,” or homo economicus, is attributed to John Stuart Mill. It represents one way economists have studied people for decades—as rational, self-interested actors whose behaviors and actions can be
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In Today’s Supreme Court Case, Freedom Of Speech Meets Your Wallet
FiveThirtyEight: Every time we buy something with our credit cards, whether at a high-end restaurant or a local bodega, merchants pay a percentage of the transaction to companies like Visa and MasterCard. These “swipe fees”
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Can an app change human behavior? This behavioral economics professor is banking on it
Mashable: Whether personal or professional, change is hard. And the cumulative data is not on our side. Take something obviously detrimental, like smoking. A mere 4% to 7% of people successfully quit without the aid