Conor Clarke of The Atlantic interviews Nobel laureate Ken Arrow and touches briefly on behavioral economics: This time around it seems like you hear a lot of dissatisfaction with the rational expectations model. What do you...
Category - Fifty Bits Design
One potential element of healthcare reform is the provision of insurance exchanges, an arrangement designed to allow small businesses and individuals access to more affordable health insurance. A question arises, however, as to...
At the core of Express Scripts’ Consumerology products and services is something we call the healthcare consumerism spectrum. This is our visual reminder that consumerism in healthcare is much broader than financial...
In a recent speech on healthcare reform, President Obama argued that while the current system works for many in this country, it fails hundreds of thousands of others. So make no mistake, the status quo on healthcare is not an...
Peter Orszag trumpets the new Information Technology dashboard, a browser-based tool that brings the concept of transparency to practice around government spending on IT projects. Yesterday, the federal “IT Dashboard”...
I’ve seen a couple of articles on the role of loss aversion and the administration’s plans to reform healthcare. For example, Peter Ubel — a nice guy whom I’ve known for a long time — writes at...
There’s an interesting article in today’s Wall Street Journal underlining the interest of the Obama administration in harnessing the power of behavioral economics for positive behavior change. One key reason for the...
John Edgell, guest columnist at CQ Politics, reviews the importance of behavioral economics in the Obama White House, especially as it applies to healthcare reform: What perhaps matters more [than the daunting problems in the...
The Wall Street Journal reports a trend by employers to reduce the company match rate in 401(k) plans. The surveys varied widely in the magnitude of the fraction of employers eliminating or reducing the company match: T. Rowe...
