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1、Editor’sCommentsEDITOR’SCOMMENTSInformationSystemsResearchandBehavioralEconomicsBy:PauloB.GoesEditor-in-Chief,MISQuarterlySalterProfessorofTechnologyandManagementHead,ManagementInformationSystemsEllerCollegeofManagementUniversityofArizonapgoes@eller.arizona.eduBecauseofitsveryna
2、ture,andreinforcedbythecompartmentalizationofourresearchinstitutions,ourdisciplinehasevolvedinsegmentedwaysalongthevariousreferencedisciplines.Oneofthebiggestdivisionliesalongthelinesof“behavioralinformationsystems”versus“economicsofinformationsystems,”asifthesearecompletelyorth
3、ogonalsubfields.Inmylasteditorial,ItriedtopointoutthatthedifferentISapproachesareactuallyverycloseinmanyaspects,andthattherearegreatopportunitiesforintradisciplinaryISresearch.HereIproceedwiththisgeneraltheme,focusingonthegrowingfieldofbehavioraleconomicsanditsconnectionwithISre
4、search.InthefirstchapteroftheirexcellentbookAdvancesinBehavioralEconomics,CamererandLoewenstein(2004)openthefirstparagraphwiththefollowingsentence:“Behavioraleconomicsincreasestheexplanatorypowerofeconomicsbyprovidingitwithmorerealisticpsychologyfoundations.”Manyoftheinsightfuld
5、evelopmentsofbehavioraleconomicsareaboutincor-poratingcognitiveprinciplestohoweconomistsapproachdecisionmakingbyindividuals.MuchofwhattheISfieldisaboutrelatestoinformationprocessingfordecisionmaking.WiththeadventoftheInternetandallitsevolvingtechnologies,thedecision-makingISenvi
6、ronmentshaveproliferatedandexpandedincomplexity,reachingbillionsofindividualsandconsumers.Theseenvironmentsarecharacterizedbyincreasinginformationrichnessandinteractivedecisionmaking,oftenresultingineconomictransactions:crowdsourcingandcollectiveintelligence,electronicmarketplac
7、es,personalizationandrecommendationsystems,syntheticandvirtualenvironmentsofaugmentedreality,gamesandgamification,justtonameafew.Inaddition,embeddedintheseenvironmentsaretheimportantissuesofprivacy,trust,andsecurity,whicharefundamentallyconnectedtobothbehavioralandeconomicaspect
8、s.Behavioraleconomicsmethodscanbringenormouspot