Behavioural Economics and Public Policy
Jan 25, 2018
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Episode description
The assumption within the standard or mainstream economics, that individuals act to maximize their long-term best interest, have stable preferences, and are consistent rational actors has served as a useful benchmark for predicting behavior. This model of human behavior has influenced the design of public policy. Yet, these traditional economic incentives sometimes prove ineffective. TheContinue reading "Behavioural Economics and Public Policy"
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