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Policy and Choice
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Then should the government intervene in the economy? When do mar- kets fail? How do we craft policies that maximize social welfare? How
do we design policies to minimize unintended consequences? Traditional public finance provides a powerful framework to tackle those questions. This frame- work, however, relies on an overly simple model of human behavior. This book revisits the core questions of public finance but with a psychologically richer per- spective on human behavior. We do not merely apply psychology to economic problems; instead, we explore how psychological factors reshape core public finance concepts such as moral hazard, deadweight loss, and inciden
lliam J. Congdon Jeffrey R and Kling Sendhil Mullainathan - Personal Name
1st Edition
978-0-8157-0498-0
NONE
Policy and Choice
Management
English
brookings institution press
2011
USA
1-260
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