Behavioural economics and public policy: some insights. (1st January 2013)

• Record Type: Journal Article
• Authors: McAuley, Ian
• Is Part Of: International journal of behavioural accounting and finance. Volume 4:Number 1(2013)
• Page Start: 18
• Page End: 31
• Publication Date: 2013-01-01
• Subjects: public policy -- behavioural economics -- behavioural finance -- prospect theory -- defaults -- asymmetric paternalism -- regulatory design -- financial regulation; Accounting -- Psychological aspects -- Periodicals; Business enterprises -- Finance -- Psychological aspects -- Periodicals; Investments -- Psychological aspects -- Periodicals; Organizational behavior -- Periodicals; 657.019
• DOI: 10.1504/IJBAF.2013.057365
• Languages: English
• ISSNs: 1753-1969

Abstract

The findings of behavioural economics can help guide public policy, particularly regulatory design. While behavioural economics has only recently arisen as a defined discipline, many long–established regulations employed by governments are found to be consistent with the findings of behavioural economics.