POLICY AND CHOICE: PUBLIC FINANCE THROUGH THE LENS OF BEHAVIORAL ECONOMICS
Publisher: Brookings Institute
Published: 2011
Place of publication: Washington, D.C., USA
Language: eng
Number of pages: 247
ISBN-13: 9780815704980
Description: "Applies the psychological insights of behavioral economics to economic concepts such as moral hazard, deadweight loss, and incidence. Explores how deviations from the standard economic model of decisionmaking--imperfect optimization, bounded self-control, and nonstandard preferences--might affect public finance policy regarding externalities, information asymmetries, poverty, and taxes"--Provided by publisher.