Public Finance with Behavioural Agents

Public Finance with Behavioural Agents book cover

Public Finance with Behavioural Agents

Author(s): Raphaël Lardeux (Author)

  • Publisher: Cambridge University Press
  • Publication Date: December 22, 2022
  • Language: English
  • Print length: 86 pages
  • ISBN-10: 1009014226
  • ISBN-13: 9781009014229

Book Description

Recent developments in behavioural economics have deeply influenced the way governments design public policies. They give citizens access to online simulators to cope with tax and benefits systems and increasingly rely on nudges to guide individual decisions. The recent surge of interest in Behavioural Public Finance is grounded on the conviction that a better understanding of individual behaviours could improve predictions of tax revenue and help design better-suited incentives to save for retirement, search for a new job, go to school or seek medical attention. Through a presentation of the most recent developments in Behavioural Public Finance, this Element discusses the way Behavioural Economics has improved our understanding of fiscal policies.

Editorial Reviews

Review

‘A pretty comprehensive survey of behavioural public finance – one well suited to the public finance economist who is looking to expand his or her toolkit.’ Sriram Shankar, Economic Record

Book Description

This Element highlights how behavioural economics has improved our understanding of fiscal policies.

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