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Policy and choice: public finance through the lens of behavioral economics

By: Contributor(s): Material type: TextTextPublication details: Washington, D.C. Brookings Institution Press 2011 Description: viii, 247 pISBN:
  • 9780815722588
Subject(s): DDC classification:
  • 336
Summary: Traditional public finance provides a powerful framework for policy analysis, but it relies on a model of human behavior that the new science of behavioral economics increasingly calls into question. In Policy and Choice economists William Congdon, Jeffrey Kling, and Sendhil Mullainathan argue that public finance not only can incorporate many lessons of behavioral economics but also can serve as a solid foundation from which to apply insights from psychology to questions of economic policy. (http://www.brookings.edu/press/Books/2011/policyandchoice.aspx)
List(s) this item appears in: Angus Deaton (Nobel 2015) | Public Policy books for SPP
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Item type Current library Item location Collection Call number Status Date due Barcode
Books Vikram Sarabhai Library Rack 21-A / Slot 795 (0 Floor, East Wing) GEN 336 C6P6 (Browse shelf(Opens below)) Available 175749

Traditional public finance provides a powerful framework for policy analysis, but it relies on a model of human behavior that the new science of behavioral economics increasingly calls into question. In Policy and Choice economists William Congdon, Jeffrey Kling, and Sendhil Mullainathan argue that public finance not only can incorporate many lessons of behavioral economics but also can serve as a solid foundation from which to apply insights from psychology to questions of economic policy. (http://www.brookings.edu/press/Books/2011/policyandchoice.aspx)

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