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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, c2010 - viii, 247 p. ; 25 cm.

Includes bibliographical references and index.

The promise;
Psychology and the foundations of public finance;
Psychology and economics;
Behavioural economics and public finance;
Behavioral economics and public finance in practice;
Asymmetric information;
Externalities and public goods;
Poverty and inequality;
Taxation and revenue.


"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.

ISBN: 9780815722588

LCCN: 2010050542

Subjects--Topical Terms:
Finance, Public--Psychological aspects.
Economics--Psychological aspects.
Finance, Public--Decision making.
Human behavior--Economic aspects.

LC Class. No.: HJ141 / .C65 2011

Dewey Class. No.: 336 CON