Decision analysis evaluates options in terms of their expected utility, the expected amount of good. Many regulatory decisions require estimates of utility, which is not the same as monetary outcomes or other objectively measurable quantities. I review some of the problems of utility measurement...

Of course I agree with Prof. Bazerman. I agree that the field of behavioral decision research is neglected. It is my field too, and a basic finding of psychology is that people feel that their own ideas are given insufficient attention. I also agree with all the findings that are cited, and...

Most people think that breaking a promise is immoral, and that a breach of contract is a kind of broken promise. However, the law does not explicitly recognize the moral context of breach of contract. Using a series of web-based questionnaires, we asked subjects to read breach of contract cases...