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The State of Economics: Behaviorally Informed

Thinkers instrumental in shaping contemporary economics do a major stocktaking of the field, and also look ahead at the challenges of global development. The speakers reflect on the way thinking in economics has evolved in his or her area of interest, and also speculate about how the global economy is likely to evolve and the challenges this will pose for humankind, economic analysis, and polic...view more

VIDEO

Behaviorally Informed: Kyle Peters and Cass Sunstein

VIDEO

Behaviorally Informed: Cass Sunstein part 1

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Behaviorally Informed: Cass Sunstein part 2

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Behaviorally Informed: Varun Gauri

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Behaviorally Informed: Robert Hockett

About the Presenters

Kyle Peters

Senior Vice President, Operations, World Bank
Kyle Peters is the World Bank’s Senior Vice President, Operations. In his current role, he oversees the operations vice presidencies of the World Bank. He also oversees the World Bank Group’s Cross-Cutting Solutions Areas, including climate change, gender, public-private partnerships, and fragility, conflict and violence. His top priorities are delivery of the Bank’s lending and knowledge program to client countries; driving improvements in the World Bank delivery model; and overseeing of planning and strategy so the Bank can be more effective in achieving its development goals.

Cass Sunstein

Robert Walmsley University Professor, Harvard University
Cass R. Sunstein is currently the Robert Walmsley University Professor at Harvard. From 2009 to 2012, he was Administrator of the White House Office of Information and Regulatory Affairs. He is the founder and director of the Program on Behavioral Economics and Public Policy at Harvard Law School. Mr. Sunstein has testified before congressional committees on many subjects, and he has been involved in constitution-making and law reform activities in a number of nations. Mr. Sunstein is author of many articles and books, including Republic.com (2001), Risk and Reason (2002), Why Societies Need Dissent (2003), The Second Bill of Rights (2004), Laws of Fear: Beyond the Precautionary Principle (2005), Worst-Case Scenarios (2001), Nudge: Improving Decisions about Health, Wealth, and Happiness (with Richard H. Thaler, 2008), Simpler: The Future of Government (2013) and most recently Why Nudge? (2014) and Conspiracy Theories and Other Dangerous Ideas (2014).

Varun Gauri

Robert Hockett

Edward Cornell Professor of Law, Cornell University
Robert Hockett joined the Cornell Law Faculty in 2004. His principal teaching, research, and writing interests lie in the fields of organizational, financial, and monetary law and economics in both their positive and normative, as well as their national and transnational, dimensions. His guiding concern in these fields is with the legal and institutional prerequisites to a just, prosperous, and sustainable economic order. A Fellow of the Century Foundation and regular commissioned author for the New America Foundation, Hockett also does regular consulting work for the Federal Reserve Bank of New York, the International Monetary Fund, Americans for Financial Reform, the 'Occupy' Cooperative, and a number of federal and state legislators and local governments. Prior to doing his doctoral work and entering academe, he worked for the International Monetary Fund and clerked for the Honorable Deanell Reece Tacha, Chief Judge of the U.S. Court of Appeals for the Tenth Circuit.