Behavioral public economics
Subtitle: welfare and policy analysis with non-standard decision-makers
By: B. Douglas Bernheim, Antonio Rangel.
Contributors: Rangel, Antonio.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11518; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11518.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Finance, Public.; Public goods.; Consumer behavior.
Description: "This paper has two goals.  First, we discuss several emerging approaches to applied welfare analysis under non-standard ("behavioral") assumptions concerning consumer choice.  This provides a foundation for Behavioral Public Economics.  Second, we illustrate applications of these approaches by surveying behavioral studies of policy problems involving saving, addiction, and public goods.  We argue that the literature on behavioral public economics, though in its infancy, has already fundamentally changed our understanding of public policy in each of these domains"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
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