We review the fast-growing work on salience and economic behavior. Psychological
research shows that salient stimuli attract human attention bottom up due to their high …

Taxes on sugar-sweetened beverages are growing in popularity and have generated an
active public debate. Are they a good idea? If so, how high should they be? Are such taxes …

The rise of social media has provoked both optimism about potential societal benefits and
concern about harms such as addiction, depression, and political polarization. In a …

Inattention is a central, unifying theme for much of behavioral economics. It permeates such
disparate fields as microeconomics, macroeconomics, finance, public economics, and …

It is ultimately an empirical question whether risk preferences are stable over time. The
evidence comes from diverse strands of literature, covering the stability of risk preferences in …

Nudges influence behavior by changing the environment in which decisions are made,
without restricting the menu of options and without altering financial incentives. This paper …

A common objection to “sin taxes”—corrective taxes on goods that are thought to be
overconsumed, such as cigarettes, alcohol, and sugary drinks—is that they often fall …

The debate about behavioral economics–the incorporation of insights from psychology into
economics–is often framed as a question about the foundational assumptions of economic …

The Community of Advantage asks how economists should do normative analysis.
Normative analysis in economics has usually aimed at satisfying individuals' preferences. Its …

Imperfect information and inattention to energy costs are important potential motivations for
energy efficiency standards and subsidies. We evaluate these motivations in the lightbulb …