The Role of Behavioral Economics in Evidence-Based Policymaking

Behavioral economics has come to play an important role in evidence-based policymaking. In September 2015, President Obama signed an executive order directing federal agencies to incorporate insights from behavioral science into federal policies and programs. The order also charged the White House S...

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Published in:The Annals of the American Academy of Political and Social Science 2018-07, Vol.678 (1), p.81-92
Main Authors: CONGDON, WILLIAM J., SHANKAR, MAYA
Format: Article
Language:English
Subjects:
Behavioral economics
Behavioral sciences
Deception
Directing
Economics
Executive orders
Government agencies
Lying
Major Elements of the Evidence-Based Movement
Money
Policy making
Prospects
Public policy
Teams
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description Behavioral economics has come to play an important role in evidence-based policymaking. In September 2015, President Obama signed an executive order directing federal agencies to incorporate insights from behavioral science into federal policies and programs. The order also charged the White House Social and Behavioral Sciences Team (SBST) with supporting this directive. In this article, we briefly trace the history of behavioral economics in public policy. We then turn to a discussion of what the SBST was, how it was built, and the lessons we draw from its experience and achievements. We conclude with a discussion of prospects for the future, arguing that even as SBST is currently lying fallow, behavioral economics continues to gain currency and show promise as an essential element of evidence-based policy.
doi_str_mv 10.1177/0002716218766268
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source International Bibliography of the Social Sciences (IBSS); Nexis UK; JSTOR Archival Journals and Primary Sources Collection【Remote access available】; PAIS Index; Worldwide Political Science Abstracts; Sociological Abstracts; SAGE
subjects Behavioral economics
Behavioral sciences
Deception
Directing
Economics
Executive orders
Government agencies
Lying
Major Elements of the Evidence-Based Movement
Money
Policy making
Prospects
Public policy
Teams
title The Role of Behavioral Economics in Evidence-Based Policymaking
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