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Policy and choice : public finance through the lens of behavioral economics.
Authors: --- ---
ISBN: 9780815704980 9780815722588 0815704984 0815722583 Year: 2011 Publisher: Washington Brookings Institution

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Abstract

"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.

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