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Crowd of Black Lives Matters demonstrators marching in the street.
Feature: The Democratic Necessity of Reckoning

Erica Chenoweth reviews scholarship that overwhelmingly shows the Black Lives Matter movement generated high levels of public awareness about systemic racism and increased support for criminal justice reform.

Electronic stock ticker board with numbers and arabic letters.
Feature: Against Rule-of-Thumb Economics

Dani Rodrik argues against neoliberalism’s universal rule-of-thumb approach and for economic analyses grounded in contextual dependencies.

Several hands of team members covering one another in a huddle above a work table.
Feature: Leaders’ Psychological Bravery

Dana Born explores what skills leaders need to cultivate psychological safety on their teams and across their organizations.

Dollars and Euros piled on top of one another.
Feature: Dollar vs. Euro as International Reserve Currencies

Jeffrey Frankel explores the strengths and weaknesses of using the Dollar and the Euro as international reserve currencies.

Harvard Kennedy School faculty disseminate their research in working publications and papers that contribute to public knowledge and fuel policy innovation. This list features recent faculty publications, including journal articles, books, edited volumes, research papers, and public testimony.

Faculty Publications

Deterrence games and the disruption of information

Ma, Siyu, Yair Tauman, and Richard Zeckhauser. "Deterrence games and the disruption of information." International Journal of Game Theory 53 (March 2024): 261-287.

Comparison of toll and annuity PPPs: a case study of highway projects in India

Mangu, Samhita, Thillai Rajan Annamalai, and Akash Deep. "Comparison of toll and annuity PPPs: a case study of highway projects in India." Built Environment Project and Asset Management 11.1 (February 2021): 103-120.

Économie comportementale: quand défi nir des objectifs aide à promouvoir la diversité, l’équité et l’inclusion

Chilazi, Siri, and Irish Bohnet. "Économie comportementale: quand défi nir des objectifs aide à promouvoir la diversité, l’équité et l’inclusion." Guide de l'Économie Comportementale (2021): 21-38.

Bound to Happen: Explanation Bias in Historical Analysis

Mukharji, Aroop, and Richard Zeckhauser. "Bound to Happen: Explanation Bias in Historical Analysis." Journal of Applied History 1 (December 2019): 1-23.

Analytic Confidence and Political Decision Making: Theoretical Principles and Experimental Evidence from National Security Professionals

Friedman, Jeffrey A., and Richard Zeckhauser. "Analytic Confidence and Political Decision Making: Theoretical Principles and Experimental Evidence from National Security Professionals." Political Psychology 39.5 (October 2018): 1069-1087.

Status Reinforcement in Emerging Economies: The Psychological Experience of Local Candidates Striving for Global Employment

Al Dabbagh, M., H. Riley Bowles, and B. Thomason. "Status Reinforcement in Emerging Economies: The Psychological Experience of Local Candidates Striving for Global Employment." Organization Science 27.6 (December 2016): 1453-1471.

Mancur Olson and the Tragedy of the Unbalanced Commons

Zeckhauser, Richard. "Mancur Olson and the Tragedy of the Unbalanced Commons." Decisions 24 (December 2015).

When Performance Trumps Gender Bias: Joint vs. Separate Evaluation

Bohnet, Iris, Alexandra van Geen, and Max Bazerman. "When Performance Trumps Gender Bias: Joint vs. Separate Evaluation." Management Science (September 29, 2015).

The “CAPS” Prediction System and Stock Market Returns

Avery, Christopher N., Judith A. Chevalier, and Richard J. Zeckhauser. "The “CAPS” Prediction System and Stock Market Returns." Review of Finance (September 2015): 1-19.


Regulating Ambiguous Risks: The Less than Rational Regulation of Pharmaceuticals

Viscusi, W. Kip, and Richard J. Zeckhauser. "Regulating Ambiguous Risks: The Less than Rational Regulation of Pharmaceuticals." Journal of Legal Studies 44.S2 (June 2015): S387-S422.

The Effect of Providing Peer Information on Retirement Savings Decisions

Beshears, John, James J. Choi, David Laibson, Brigitte C. Madrian, and Katherine L. Milkman. "The Effect of Providing Peer Information on Retirement Savings Decisions." Journal of Finance 70.3 (May 2015): 1161-1201.

Grappling with Ignorance: Frameworks from Decision Theory, Lessons from Literature

Devjani, Roy, and Richard Zeckhauser. "Grappling with Ignorance: Frameworks from Decision Theory, Lessons from Literature." Journal of Benefit-Cost Analysis 6.1 (Spring 2015): 33-65.

The Relative Weights of Direct and Indirect Experiences in the Formation of Environmental Risk Beliefs

Viscusi, W. Kip, and Richard J. Zeckhauser. "The Relative Weights of Direct and Indirect Experiences in the Formation of Environmental Risk Beliefs." Risk Analysis (September 5, 2014).

Applying Insights from Behavioral Economics to Policy Design

Madrian, Brigitte. "Applying Insights from Behavioral Economics to Policy Design." Annual Review of Economics 6 (August 2014): 663-688.

What Makes Annuitization More Appealing?

Beshears, John, James J. Choi, David Laibson, Brigitte Madrian, and Stepehen P. Zeldes. "What Makes Annuitization More Appealing?" Journal of Public Economics 116 (August 2014): 2-16.

Simplification and Saving

Beshears, John, James J. Choi, David Laibson, and Brigitte C. Madrian. "Simplification and Saving." Journal of Economic Behavior & Organization 95 (November 2013): 130-145.

Testimonials Do Not Convert Patients From Brand to Generic Medication

Beshears, John, James J. Choi, David Laibson, Brigitte C. Madrian, and Gwendolyn Reynolds. "Testimonials Do Not Convert Patients From Brand to Generic Medication." American Journal of Managed Care 19.9 (September 11, 2013): e314-e316.

Social Class and (Un)Ethical Behavior: A Framework, With Evidence From a Large Population Sample

Trautmann, Stefan T., Gijs van de Kuilen, and Richard J. Zeckhauser. "Social Class and (Un)Ethical Behavior: A Framework, With Evidence From a Large Population Sample." Perspectives on Psychological Science 8.5 (September 2013): 487-497.

Consumers’ Misunderstanding of Health Insurance

George Loewenstein, Joelle Y. Friedman, Barbara McGill, Sarah Ahmad, Suzanne Linck, Stacey Sinkula, John Beshears, James J. Choi, Jonathan Kolstad, David Laibson, Brigitte C. Madrian, John A. List, and Kevin G. Volpp. "Consumers’ Misunderstanding of Health Insurance." Journal of Health Economics 32.5 (September 2013): 850-862.

Solomonic Separation: Risk Decisions as Productivity Indicators

Miller, Nolan, Alexander F. Wagner, and Richard J. Zeckhauser. "Solomonic Separation: Risk Decisions as Productivity Indicators." Journal of Risk and Uncertainty 46.3 (June 2013): 265-297.

On the Use of Heuristics to Approximate Competitors’ Private Information

Lin, C.-Y. Cynthia, and Erich J. Muehlegger. "On the Use of Heuristics to Approximate Competitors’ Private Information." Journal of Economic Behavior & Organization 86 (February 2013): 10-23.

The Disgust-Promotes-Disposal Effect

Han, Seunghee, Jennifer S. Lerner, Richard Zeckhauser. "The Disgust-Promotes-Disposal Effect." Journal of Risk and Uncertainty 44.2 (April 2012): 101-113.

Simplification and Saving

John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian. "Simplification and Saving." Journal of Economic Behavior & Organization (Published online, March 27, 2012).

The Challenge of Degraded Environments: How Common Biases Impair Effective Policy

Berger, Alan, Case Brown, Carolyn Kousky, and Richard Zeckhauser. "The Challenge of Degraded Environments: How Common Biases Impair Effective Policy." Risk Analysis 31.9 (September 2011): 1423–1433.

Using Implementation Intentions Prompts to Enhance Influenza Vaccination Rates

Milkman, Katherine L., John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian. "Using Implementation Intentions Prompts to Enhance Influenza Vaccination Rates." Proceedings of the National Academy of Sciences 108.26 (June 2011): 10415-10420.

The Methodology of Normative Policy Analysis

Robert, Christopher, and Richard Zeckhauser. "The Methodology of Normative Policy Analysis." Journal of Policy Analysis and Management 30.3 (Summer 2011): 613-643.

Behavioral Economics Perspective on Public Sector Pension Plans

Beshears, John, James J. Choi, David Laibson, and Brigitte C. Madrian. "Behavioral Economics Perspective on Public Sector Pension Plans." Journal of Pension Economics and Finance 10.2 (April 12, 2011): 315-336.

Giving Green to Get Green? Incentives and Consumer Adoption of Hybrid Vehicle Technology

Gallagher, Kelly Sims, and Erich Muehlegger. "Giving Green to Get Green? Incentives and Consumer Adoption of Hybrid Vehicle Technology." Journal of Environmental Economics & Management 61.1 (January 2011): 1-15.

Trust and the Reference Points for Trustworthiness in Gulf and Western Countries

Bohnet, Iris, Benedikt Herrmann, and Richard Zeckhauser. "Trust and the Reference Points for Trustworthiness in Gulf and Western Countries." Quarterly Journal of Economics 125.2 (May 2010): 811-828.

Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds

Choi, James J., David Laibson, and Brigitte C. Madrian. "Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds." Review of Financial Studies 23.4 (2010): 1405-1432.

Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect

Choi, James J., David Laibson, and Brigitte C. Madrian. "Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect." American Economic Review 99.5 (December 2009): 2085-2095.

Reinforcement Learning and Savings Behavior

Choi, James J., David Laibson, Brigitte Madrian, and Andrew Metrick. "Reinforcement Learning and Savings Behavior." Journal of Finance 64.6 (November 25, 2009): 2515-2534.

Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds

Choi, James J., David Laibson, and Brigitte C. Madrian. "Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds." Review of Financial Studies (November 14, 2009).

Optimal Defaults and Active Decisions

Carroll, Gabriel D., James J. Choi, David Laibson, Brigitte C. Madrian, and Andrew Metrick. "Optimal Defaults and Active Decisions." Quarterly Journal of Economics 124.4 (November 2009): 1639-1674.

Exploring Gendered Behavior in the Field with Experiments: Why Public Goods are Provided by Women in a Nairobi Slum

Greig, Fiona, and Iris Bohnet. "Exploring Gendered Behavior in the Field with Experiments: Why Public Goods are Provided by Women in a Nairobi Slum." Journal of Economic Behavior & Organization 70.1-2 (May 2009): 1-9.

Special Section: Gender and Negotiation

Bohnet, Iris, and Hannah Riley Bowles, guest editors. "Special Section: Gender and Negotiation." Negotiation Journal 24.4 (October 2008): 389-540.