Cass R. Sunstein

TL;DR: Kuran and Sunstein this article analyze availability cascades and suggest reforms to alleviate their potential hazards, including new governmental structures designed to give civil servants better insulation against mass demands for regulatory change and an easily accessible scientific database to reduce people's dependence on popular (mis)perceptions.

TL;DR: Kuran and Sunstein this paper analyze availability cascades and suggest reforms to alleviate their potential hazards, including new governmental structures designed to give civil servants better insulation against mass demands for regulatory change and an easily accessible scientific database to reduce people's dependence on popular (mis)perceptions.

TL;DR: It is concluded that nudging is a valuable approach that should be used more often in conjunction with traditional policies, but more calculations are needed to determine the relative effectiveness of nudging.

TL;DR: In this paper, the authors explore the expressive function of law in making statements as opposed to controlling behavior directly and argue that if legal statements produce bad consequences, they should not be enacted even if they seem reasonable or noble.

TL;DR: In the context of terrorism and analogous risks, the legal system frequently responds to probability neglect, resulting in regulation that might be unjustified or even counterproductive as mentioned in this paper. But public fear is itself a cost and it is associated with many other costs, in the form of ripple effects produced by fear.