NASEM releases Behavioral Economics: Policy Impact and Future Directions Report

The Board on Behavioral, Cognitive, and Sensory Sciences (BBCSS) of the National Academies of Sciences, Engineering, and Medicine (NASEM) has released a new report titled Behavioral Economics: Policy Impact and Future Directions. As a field developing strongly since the mid-20th century, behavioral economics has produced influential research from its findings between economists and psychologists. In this report, the contributions and impacts of the field are assessed across seven public policy fields: health, retirement benefits, climate change, social safety net benefits, climate change, education, and criminal justice.

In addition to discussing the application of behavioral economics into governmental outputs, the report addresses ways to build on the field’s accomplishments looking toward the future.

You can access and read the report here.