| Summary/Abstract |
Behavioral economics, or “economics and psychology,” is an attempt to extend the explanatory power of economics by developing economic theory on more plausible psychological foundations.1 Most of its findings and applications pertain to decisionmaking under conditions of risk and uncertainty. There are two parts of the intelligence process to which an understanding of behavioral economics may be relevant: (1) the transactions and exchanges involved in agent recruitment and agent running, and (2) the task of prioritizing human intelligence (HUMINT) sources for interrogation. More generally, any prioritization task involving ranking or ordering is shaped systematically by the human decisionmaking process.
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