FINAL REPORT TO THE COMMITTEE ON BASIC RESEARCH IN THE BEHAVIORAL & SOCIAL SCIENCES OF THE NATIONAL RESEARCH COUNCIL TEN-YEAR OUTLOOK ON RESEARCH OPPORTUNITIES IN THE BEHAVIORAL AND SOCIAL SCIENCES WORKING GROUP ON INFORMATION AND DECISION MAKING Professor Mark Machina (Chair) Department of Economics University of California, San Diego Professor Robin Hogarth Graduate School of Business University of Chicago Professor Kenneth MacCrimmon Faculty of Commerce and Business Administration University of British Columbia Professor John Roberts Graduate School of Business Stanford University Professor Alvin Roth Department of Economics University of Pittsburgh Dr. Paul Slovic Decision Research, Inc. Eugene, Oregon Professor Richard Thaler Graduate School of Business Cornell University September 1985 (References updated February 1989) This advisory document was drafted at the request of the Committee on Basic Research in the Behavioral and Social Sciences, National Research Council, and submitted by the undersigned individuals for committee use in studying research opportunities in the behavioral and social sciences. This report represents the opinions of its authors, and has not been approved or endorsed by other bodies.