Behavioral Public Economics is popular PDF and ePub book, written by Shinji Teraji in 2021-09-27, it is a fantastic choice for those who relish reading online the Economics genre. Let's immerse ourselves in this engaging Economics book by exploring the summary and details provided below. Remember, Behavioral Public Economics can be Read Online from any device for your convenience.
Behavioral Public Economics Book PDF Summary
Behavioral Public Economics shows how standard public economics can be improved using insights from behavioral economics. Public economics typically lists four market failures that may justify government intervention in markets --imperfect competition (or natural monopoly), externalities, public goods, and asymmetric information. Under the rational choice paradigm ('agents choose what is best for them'), public economics has examined the welfare effects of policy. Recent research in behavioral economics highlights a fifth market failure --individuals may make mistakes in pursuing their own well-being. This book calls for a rethinking of assumptions of individual behavior and provides a good foundation for public economic theory. Key Features: 1. Introduces behavioral perspectives into public economics. 2. Explains why economic incentives often undermine social preferences. 3. Reveals that social incentives matter for public policy. The book will began invaluable resource for researchers and postgraduate students in public economics, behavioral economics, and public policy.
Detail Book of Behavioral Public Economics PDF
- Author : Shinji Teraji
- Release : 27 September 2021
- Publisher : Unknown
- ISBN : 0367362406
- Genre : Economics
- Total Page : 232 pages
- Language : English
- PDF File Size : 20,5 Mb
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