The Hidden Cost of Regulation: Emotional Responses to Command and Control

American Journal of Agricultural Economics

Volumn 97, Issue 5, 2015, Pages 1385-1399

  Just, David R ^a   Hanks, Andrew S ^b  

^a Department of Obstetrics Gynecology   (United States)

^b OHIO STATE UNIVERSITY   (United States)

Author keywords

Behavioral economics; emotion; public policy; reactance; welfare

Indexed keywords

ECONOMETRICS; NUMERICAL MODEL; POLICY IMPLEMENTATION; REGULATORY APPROACH; SOCIAL BEHAVIOR; SOCIAL POLICY; WELFARE PROVISION;

EID: 84943575779     PISSN: 00029092     EISSN: 14678276     Source Type: Journal    
DOI: 10.1093/ajae/aav016     Document Type: Review

References (37)

1. Adams, S. 1907. Resolutions of the Town of Boston. In The Writings of Samuel Adams, Vol. III, ed. Harry Alonzo Cushing, p. 68. New York: G. P. Putnam's Sons.
2. Andreoni, J. 1990. Impure Altruism and Donations to Public Goods: A Theory of Warm-Glow Giving. Economic Journal 100 (401): 464-77.
3. Atkinson, A.B. 2011. The Restoration of Welfare Economics. American Economic Review: Papers and Proceedings 101 (3): 157-61.
4. Becchetti, L., G. Trovato, D.A.L. Bedoya. 2011. Income, Relational Goods and Happiness. Applied Economics 43 (3): 273-90.
5. Bernheim, B.D., A. Rangel. 2009. Beyond Revealed Preference: Choice-Theoretic Foundations for Behavioral Welfare Economics. Quarterly Journal of Economics 124 (1): 51-104.
6. Bolton, G.E., J. Brandts, A. Ockenfels. 2005. Fair Procedures: Evidence from Games Involving Lotteries. Economic Journal 115 (506): 1054-76.
7. Brehm, J.W. 2009. A Theory of Psychological Reactance. In Organization Change: A Comprehensive Reader, ed. Burke, W.W., D.G. Lake, J.V. Paine, 377-90. New York: John Wiley and Sons.
8. Clee, M.A. and R.A. Wicklund. 1980. Consumer Behavior and Psychological Reactance. Journal of Consumer Research 6 (4): 389-405.
9. DellaVigna, S., U. Malmendier. 2006. Paying Not to Go to the Gym. American Economic Review 96 (3): 694-719.
10. Faith, M., K. Scanlon, L. Birch, L. Francis, B. Sherry. 2004. Parent-Child Feeding Strategies and Their Relationships to Child Eating and Weight Status. Obesity 12 (11): 1711-22.
11. Fisher, J.O., L.L. Birch. 1999. Restricting Access to Palatable Foods Affects Children's Behavioral Response, Food Selection, Intake. American Journal of Clinical Nutrition 69 (6): 1264-72
12. FRAC. 2015. National School Lunch Program: Trends and Factors Affecting Student Participation. Food Research Action Center Report, January 2015.
13. Frederick, S., G. Loewenstein, T. O'Donoghue. 2002. Time Discounting and Time Preference: A Critical Review. Journal of Economic Literature 40 (2): 351-401.
14. Frey, B.S., M. Benz, A. Stutzer. 2004. Introducing Procedural Utility: Not Only What, but Also How Matters. Journal of Institutional and Theoretical Economics 160 (3): 377-401.
15. Just, R.E., D.L. Hueth, A. Schmitz. 2005. The Welfare Economics of Public Policy. Northampton, MA: Edward Elgar Publishing.
16. Kahneman, D., J.L. Knetsch, R.H. Thaler. 1986a. Fairness as a Constraint on Profit Seeking: Entitlements in the Market. American Economic Review 76 (4): 728-41.
17. -. 1986b. Fairness and the Assumptions of Economics. Journal of Business 59 (4): S285-S300.
18. -. 1990. Experimental Tests of the Endowment Effect and the Coase Theorem. Journal of Political Economy 98 (6): 1325-48.
19. Kahneman, D., A. Tversky. 1979. Prospect Theory: An Analysis of Decision Under Risk. Econometrica 47 (2): 263-91.
20. Kõszegi, B., M. Rabin. 2006. A Model of Reference-Dependent Preferences. QuarterlyJournalofEconomics121( 4):1133-65.
21. Leven, R. 2012. Obama Administration Scraps Child Labor Restrictions for Farms. The Hill. Available at http://thehill.com/business-a-lobbying/224169-obama-administration-scraps-childlabor-rules-for-farms.
22. +Lusk, J.L. 2014. Are You Smart Enough to Know What to Eat? a Critique of Behavioral Economics as Justification for Regulation. European Review of Agricultural Economics 41 (3): 355-73.
23. Pennebaker, J.W. and D.Y. Sanders. 1976. American Graffiti: Effects of Authority and Reactance Arousal. Personality and Social Psychology Bulletin 2 (3): 264-67.
24. Perkins, R.H. 2014. Salience and Sin: Designing Taxes in the New Sin Era. BYU Law Review 2014: 143-184.
25. Perry, G.M., L.J. Robison. 2001. Evaluating the Influence of Personal Relationships on Land Sale Prices: A Case Study in Oregon. Land Economics 77 (3): 385-98.
26. Rabin, M. 1993. Incorporating Fairness Into Game Theory and Economics. American Economic Review 83 (5): 1281-302.
27. Richardson, P. 2012. Rural Kids, Parents Angry about Labor Dept. Rule Banning Farm Chores. Daily Caller. Available at http://dailycaller.com/2012/04/25/ruralkids-parents-angry-about-labor-deptrule-banning-farm-chores/.
28. Robison, L.J., R.J. Myers, M.E. Siles. 2002. Social Capital and the Terms of Trade for Farmland. Review of Agricultural Economics 24 (1): 44-58.
29. Rodrik, D. 1987. Policy Targeting with Endogenous Distortions: Theory of Optimum Subsidy Revisited. Quarterly Journal of Economics 102 (4): 903-11.
30. Safire, W. 2007. Language: Tracking the Source of the "Third Rail" Warning-Opinion New York Times. Available at http://www.nytimes.com/2007/02/18/opin ion/18iht-edsafmon.4632394.html?-r=0.
31. Schulze, W.D., A.S. Hanks, D.R. Just, H.S. Kaiser, B. Wansink. 2013. Lab Rats and Field Mice: A Comparison of Lab and Field Experimentation in Economics. Working Paper, Charles H. Dyson School of Applied Economics and Management, Cornell University.
32. Siles, M.,L.Robison, B. Johnson,G.Linne,and D. Beveridge. 2000. Farmland Exchanges: Selection of Trading Partners, Terms of Trade, Social Capital. Journal of the American Society of Farm Managers and Rural Appraisers 63 (1): 127-40.
33. Smith, K., J. Dickhaut. 2005. Economics and Emotion: Institutions Matter. Games and Economic Behavior 52 (2): 316-35.
34. Uhlaner, C.J. 1989. "Relational Goods" and Participation: Incorporating Sociability Into a Theory of Rational Action. Public Choice 62 (3): 253-85
35. U.S. Social Security Administration. 2014. Agency History. Available at http://www. ssa.gov/history/locations.html.
36. Wingfield, N., B. Stelter. 2011. A Juggernaut Stumbles. In New York Times, Vol. 160, October 25, 2011, B1.
37. Worchel, S., J.W. Brehm. 1971. Direct and Implied Social Restoration of Freedom. Journal of Personality and Social Psychology 18 (3): 294-304.