To survive and flourish in a changing and unpredictable world, organizations and people must maintain strategic power over necessary resources - often in the face of competition. Knowledge contributes to that strategic power. Without vigilance to maintain its currency and accuracy, the value of...

We examined the effects of framing and perceived vulnerability on dishonest behavior in competitive environments. Participants were randomly matched into pairs and took a short multiple-choice test, the relative score of which determined their merit-based payoffs. After learning about the test...

Learning from BP's disastrous oil spill in the Gulf of Mexico means understanding why extraction technology innovations flourished while cleanup and prevention technologies stagnated. Only then can we fruitfully identify the kinds of changes to the governance regime that might prevent this sort...

We investigate the effect of group versus individual decision-making in the context of risky investment decisions in which all subjects are fully informed of the probabilities and payoffs. Although there is full information, the lottery choices pose cognitive challenges so that people may not be...

In order to motivate flood insurance purchase and promote flood hazard awareness and mitigation, the Community Rating System (CRS) of National Flood Insurance Program (NFIP), credits floodplain management activities and awards flood insurance premium discounts. CRS, however, has been marked by a...

This article proposes a way of introducing some organization and tractability in climate science, generating more widely credible evaluations of climate science, and imposing some discipline on the processing and interpretation of climate information. I propose a two-part policy instrument...

To forecast decisions in conflict situations, experts are often advised to figuratively stand in the other person’s shoes. We refer to this as “role thinking” because, in practice, the advice is to think about how other protagonists will view the situation in order to predict their...

“We are all socialists now,” Newsweek magazine declared some months ago. And with Republican stalwarts George Bush, Chris Cox, and Alan Greenspan respectively presiding over two of the largest expansions in federal programs since the New Deal, confessing to the failures of self-regulation,...

Some positions within an organization wield unusual impact over the entity's success. The decision makers who hire these critical performers face a daunting task: to distinguish among closely comparable finalists in a context where small differences in talent can produce enormous outcome...

For centuries, juries have been hailed as a model of popular participation in government. Alexis de Tocqueville famously described the American jury as "both the most effective way of establishing the people’s rule and the most efficient way of teaching them how to rule." But even as he...