Business Economics and Public Policy

How Trump and Clinton Could Still Draw Undecideds off the Sidelines

Decision Science News | October 26, 2016

 Eric Johnson is a member of a group known as the Consortium of Behavioral Scientists, an association of academics bringing insights from the field of behavioral science to the campaign trail.

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Loyola-Chicago conference finds a 'perfect storm' of mental barriers to climate action

Decision Science News | March 31, 2015

At the Second Annual Climate Change Conference at Loyola University Chicago, researchers discussed why it is so difficult to motivate people to undertake climate-friendly behavior changes. Elke Weber, Columbia Business School, discussed the psychological barriers we face when trying to be climate-friendly. These include that our decisions are often guided by emotion, rules and habits, and they often reflect a bias for the status quo.

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Money Challenges (and Advice) for Adults Over Age 55

Decision Science News | March 25, 2015

Older adults have very different money priorities than younger members of their families. Rather than focusing on accruing wealth, older adults should strive to spend less and to plan their estate. A large concern when it comes to these activities is cognitive decline. Eric Johnson, Columbia Business School, says that while cognitive challenges are present in older age, years of collected wisdom can counteract this decline.

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Your brain on climate change: why the threat produces apathy, not action

Decision Science News | December 01, 2014

Voter behavior has long held mysteries for both politicians and psychologists. Why do poor and working-class voters across the US South, for instance, still line up to support conservative candidates whose policies favor the rich, weaken the social-safety net and limit access to affordable health care?

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Opt Out is Best Plan for Donors

Decision Science News | July 30, 2013

Professor Eric Johnson's research on default design in organ donation was featured in The Philadelphia Inquirer in an article by Michael Smerconish.

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Mindful Judgment and Decision Making: The Case Against Mindless Economics (VIDEO)

Decision Science News | January 19, 2011

Professor Elke Weber speaks about her research. The title of her talk is "Mindful Judgment and Decision Making: The Case Against Mindless Economics".

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Inside the Heir and Heiress Camps

Decision Science News | November 09, 2010

The rich are anxious these days with the possible expiration of the Bush-era tax cuts. Banks and private-wealth-management companies are responding by offering seminars and financial boot camps to ease the worries of the super-wealthy.

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Republican's Tax Allergy

Decision Science News | November 09, 2010

Professors Eric Johnson and Elke Weber's research on the impact of labels triggering cognitive and emotional processes underlying decision making was mentioned in Crain's Insider.

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Is It Hot in Here? Must Be Global Warming.

Decision Science News | July 31, 2010

Researchers at Columbia University found a high correlation between a participant???s stance on global warming and how he perceived the outdoor temperature on the day he was asked about it. Study subjects were also more likely to say they would donate to a global warming charity on days they perceived to be unusually warm. For Eric J. Johnson, the director of the Center for Decision Sciences at Columbia Business School and a co-author of the study, the findings highlight the pitfalls of policymaking by poll, given that opinions on such a complex issue appear susceptible to highly impertinent data.

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CDS Associate Director Featured at Forbes

Decision Science News | June 03, 2010

CDS Associate Director Eric J. Schoenberg has recently contributed a piece to Forbes magazine detailing his view on higher taxes for the wealthy.

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