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Congdon, William J
Policy and choice : public finance through the lens of behavioral economics / William J. Congdon, Jeffrey R. Kling, and Sendhil Mullainathan
Washington, D.C. : Brookings Institution Press, c2011
book jacket
Location Call Number Status
 3rd Floor  HJ141 .C65 2011    AVAILABLE
Subject(s) Finance, Public -- Psychological aspects
Economics -- Psychological aspects
Finance, Public -- Decision making
Human behavior -- Economic aspects
Physical Description viii, 247 p. ; 25 cm
Note Includes bibliographical references (p. 209-239) and index
Contents 1. Introduction -- Part 1. Psychology and the foundations of public finance -- 1. Psychology and economics -- 2. Behavioral economics and public finance -- Part II. Behavioral economics and public finance in practice -- 4. Asymmetric information -- 5. Externalities and public goods -- 6. Poverty and inequality -- 7. Taxation and revenue -- Appendix A -- Appendix B
Summary "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
Alternate Author Kling, Jeffrey R
Mullainathan, Sendhil

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