Decisions, Decisions

Policy-makers and pundits often argue that the implacable conflict in the Middle East is centered on disputes over land, security, resources, or religion. Is it possible that something more open to intervention-basic levels of trust-might play an overlooked role? A recent study co-authored by Iris Bohnet, Associate Director of HDSL, examines this possibility in the context of private investment.

A recent article in the New York Times notes that President Obama has raised the thermostat in the Oval Office-in keeping with the preferences of a native Hawaiian. It may be more comfortable for him, but he might want to consider the implications of studies that have investigated the relationship between the ambient temperature of the room where decisions are being made, and the judgment and perception of policy-makers.

That might not be a bad thing. Studies conducted by Jennifer Lerner, HDSL’s director, and recently reported in Time, show that anger can make us more willing to take risks - and that may be the most significant stimulus the economy could receive.