Policy and choice
Subtitle: public finance through the lens of behavioral economics
By: William J. Congdon, Jeffrey R. Kling, and Sendhil Mullainathan
Contributors: Kling, Jeffrey R.; Mullainathan, Sendhil
Publisher: Brookings Institution Press
Published: 2011
Place of publication: Washington, D.C
Language: eng
Number of pages: 247
ISBN-13: 9780815704980
Subjects: Human behavior; Public Finance; Psychological aspects; Economics; Economic aspects; Decision making
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.
Notes: Includes bibliographical references and index.
Table of contents: title: The promise; title: Psychology and the foundations of public finance; title: Psychology and economics; title: Behavioral economics and public finance; title: Behavioral economics and public finance in practice; title: Asymmetric information; title: Externalities and public goods; title: Poverty and inequality; title: Taxation and revenue.