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Behavioral Public Economics
- Social Incentives and Social Preferences
Engelsk
Bogcover for Behavioral Public Economics af Shinji Teraji, 9780367362416
Specifikationer
Sprog:
Engelsk
Sider:
206
ISBN-13:
9780367362416
Indbinding:
Paperback
ISBN-10:
0367362414
Kategori:
Udg. Dato:
27 sep 2021
Størrelse i cm:
15,4 x 34,0 x 2,3
Oplagsdato:
27 sep 2021
Forfatter(e):

Behavioral Public Economics

- Social Incentives and Social Preferences
Engelsk
Paperback 2021
Format:

Bog beskrivelse

Behavioral Public Economics shows how standard public economics can be improved using insights from behavioral economics. Public economics typically lists four market failures that may justify government intervention in markets—imperfect competition (or natural monopoly), externalities, public goods, and asymmetric information. Under the rational choice paradigm (‘agents choose what is best for them’), public economics has examined the welfare effects of policy. Recent research in behavioral economics highlights a fifth market failure—individuals may make mistakes in pursuing their own well-being. This book calls for a rethinking of assumptions of individual behavior and provides a good foundation for public economic theory.

Key features:

  1. Introduces behavioral perspectives into public economics.
  2. Explains why economic incentives often undermine social preferences.
  3. Reveals that social incentives matter for public policy.

This book will be an invaluable resource for researchers and postgraduate students in public economics, behavioral economics, and public policy.

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Specifikationer
Sprog:
Engelsk
Sider:
206
ISBN-13:
9780367362416
Indbinding:
Paperback
ISBN-10:
0367362414
Kategori:
Udg. Dato:
27 sep 2021
Størrelse i cm:
15,4 x 34,0 x 2,3
Oplagsdato:
27 sep 2021
Forfatter(e):
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