Policy and Choice: Public Finance Through the Lens of Behavioral Economics

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9780815704980: Policy and Choice: Public Finance Through the Lens of Behavioral Economics

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. The authors revisit the core questions of public finance, armed with a richer perspective on human behavior. They do not merely apply findings from psychology to specific economic problems; instead, they explore how psychological factors actually reshape core concepts in public finance such as moral hazard, deadweight loss, and incentives. Part one sets the stage for integrating behavioral economics into public finance by interpreting the evidence from psychology and developing a framework for applying it to questions in public finance. In part two, the authors apply that framework to specific topics in public finance, including social insurance, externalities and public goods, income support and redistribution, and taxation. In doing so, the authors build a unified analytical approach that encompasses both traditional policy levers, such as taxes and subsidies, and more psychologically informed instruments. The net result of this innovative approach is a fully behavioral public finance, an integration of psychology and the economics of the public sector that is explicit, systematic, rigorous, and realistic.

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William J. Congdon, Jeffrey R. Kling, Sendhil Mullainathan
Editore: BROOKINGS INSTITUTION, United States (2011)
ISBN 10: 0815704984 ISBN 13: 9780815704980
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Descrizione libro BROOKINGS INSTITUTION, United States, 2011. Hardback. Condizione libro: New. 236 x 152 mm. Language: English . Brand New Book. 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. The authors revisit the core questions of public finance, armed with a richer perspective on human behavior. They do not merely apply findings from psychology to specific economic problems; instead, they explore how psychological factors actually reshape core concepts in public finance such as moral hazard, deadweight loss, and incentives. Part one sets the stage for integrating behavioral economics into public finance by interpreting the evidence from psychology and developing a framework for applying it to questions in public finance. In part two, the authors apply that framework to specific topics in public finance, including social insurance, externalities and public goods, income support and redistribution, and taxation. In doing so, the authors build a unified analytical approach that encompasses both traditional policy levers, such as taxes and subsidies, and more psychologically informed instruments. The net result of this innovative approach is a fully behavioral public finance, an integration of psychology and the economics of the public sector that is explicit, systematic, rigorous, and realistic. Codice libro della libreria AAN9780815704980

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William J. Congdon
Editore: Brookings Institution (2011)
ISBN 10: 0815704984 ISBN 13: 9780815704980
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Descrizione libro Brookings Institution, 2011. HRD. Condizione libro: New. New Book.Shipped from US within 10 to 14 business days. Established seller since 2000. Codice libro della libreria IB-9780815704980

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William J. Congdon, Jeffrey R. Kling, Sendhil Mullainathan
Editore: BROOKINGS INSTITUTION, United States (2011)
ISBN 10: 0815704984 ISBN 13: 9780815704980
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Descrizione libro BROOKINGS INSTITUTION, United States, 2011. Hardback. Condizione libro: New. 236 x 152 mm. Language: English . Brand New Book. 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. The authors revisit the core questions of public finance, armed with a richer perspective on human behavior. They do not merely apply findings from psychology to specific economic problems; instead, they explore how psychological factors actually reshape core concepts in public finance such as moral hazard, deadweight loss, and incentives. Part one sets the stage for integrating behavioral economics into public finance by interpreting the evidence from psychology and developing a framework for applying it to questions in public finance. In part two, the authors apply that framework to specific topics in public finance, including social insurance, externalities and public goods, income support and redistribution, and taxation. In doing so, the authors build a unified analytical approach that encompasses both traditional policy levers, such as taxes and subsidies, and more psychologically informed instruments. The net result of this innovative approach is a fully behavioral public finance, an integration of psychology and the economics of the public sector that is explicit, systematic, rigorous, and realistic. Codice libro della libreria AAN9780815704980

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Congdon, William J.; Kling, Jeffrey R.; Mullainathan, Sendhil
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Descrizione libro Condizione libro: New. Depending on your location, this item may ship from the US or UK. Codice libro della libreria 97808157049800000000

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William J. Congdon
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Descrizione libro Brookings Institution, 2011. HRD. Condizione libro: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Codice libro della libreria CE-9780815704980

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Descrizione libro Brookings Institution Press, 2011. Hardcover. Condizione libro: New. Codice libro della libreria 0815704984

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Congdon, William J.; Kling, Jeffrey R.; Mullainathan, Sendhil
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Descrizione libro Brookings Institution Press. Hardcover. Condizione libro: New. 0815704984 Brand New Book. Ships from the United States. 30 Day Satisfaction Guarantee!. Codice libro della libreria 13791721

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William J. Congdon
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Descrizione libro Hardcover. Condizione libro: New. 157mm x 28mm x 236mm. Hardcover. 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 int.Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 247 pages. 0.522. Codice libro della libreria 9780815704980

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Jeffrey R. Kling; Sendhil Mullainathan; William J. Congdon
Editore: Brookings Institution Press (2011)
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Descrizione libro Brookings Institution Press, 2011. Hardcover. Condizione libro: New. book. Codice libro della libreria 0815704984

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William J. Congdon, Jeffrey R. Kling, Sendhil Mullainathan
Editore: Brookings Institution
ISBN 10: 0815704984 ISBN 13: 9780815704980
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Descrizione libro Brookings Institution. Hardback. Condizione libro: new. BRAND NEW, Policy and Choice: Public Finance Through the Lens of Behavioral Economics, William J. Congdon, Jeffrey R. Kling, Sendhil Mullainathan, 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. The authors revisit the core questions of public finance, armed with a richer perspective on human behavior. They do not merely apply findings from psychology to specific economic problems; instead, they explore how psychological factors actually reshape core concepts in public finance such as moral hazard, deadweight loss, and incentives. Part one sets the stage for integrating behavioral economics into public finance by interpreting the evidence from psychology and developing a framework for applying it to questions in public finance. In part two, the authors apply that framework to specific topics in public finance, including social insurance, externalities and public goods, income support and redistribution, and taxation. In doing so, the authors build a unified analytical approach that encompasses both traditional policy levers, such as taxes and subsidies, and more psychologically informed instruments. The net result of this innovative approach is a fully behavioral public finance, an integration of psychology and the economics of the public sector that is explicit, systematic, rigorous, and realistic. Codice libro della libreria B9780815704980

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