Hostname: page-component-74656f9884-2dmjx Total loading time: 0 Render date: 2026-11-10T03:57:47.527Z Has data issue: false hasContentIssue false

It's Now Or Never! Using Deadlines as Nudges

Published online by Cambridge University Press:  27 December 2018

Rights & Permissions [Opens in a new window]

Abstract

Incorporating behavioral insights into regulation is plausibly the most significant development in regulatory theory and practice in recent years. Behaviorally informed regulation encourages self-benefiting and socially desirable behaviors with little intrusion on autonomy. Drawing on new empirical findings, this article puts forward the hitherto overlooked possibility of employing the deadline effect as a regulatory tool. Deadlines serve as an antidote to procrastination and forgetfulness. Many empirical and experimental studies have examined the use of deadlines in marketing. This study explores the possible use of deadlines by legal policy makers. It describes two survey experiments, a randomized field experiment and a natural experiment, which suggest that deadlines may encourage self-benefiting and socially desirable behaviors, and that relaxing deadlines may discourage less desirable behavior. The article discusses the practical and normative aspects of using deadlines as a regulatory means, compared to alternative tools, such as default rules and required choices.

Information

Type
Articles
Copyright
Copyright © American Bar Foundation, 2017 
Figure 0

Table 1 Mean Likelihood Rating for Filling and Sending the Form (N = 351)

Figure 1

Table 2 Mean Likelihood of Submitting an Appeal (N = 124)

Figure 2

1 Feedback on Exams [Color figure can be viewed at wileyonlinelibrary.com]

Figure 3

Table 3 Exams and Appeals