Behavioural Economics and Policy Design: Examples from Singapore

ISBN-10: 9814366005
ISBN-13: 9789814366007
Edition: 2011
Author(s): Donald Low
Description: "This book aims to demonstrate how successful policies in Singapore have integrated conventional economic principles with insights from the emerging field of behavioural economics even before the latter became popular. Using examples from various  More...
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List Price: $68.00
Copyright Year: 2011
Publisher: World Scientific Pub Co Inc
Binding: Cloth Text 
Pages: 200
Size: 6.50" wide x 9.50" long x 1.00" tall
Weight: 1.122
Language: English

"This book aims to demonstrate how successful policies in Singapore have integrated conventional economic principles with insights from the emerging field of behavioural economics even before the latter became popular. Using examples from various policy domains, it shows how good policy design often requires a synthesis of insights from economics and psychology. Policies should not only be compatible with economic incentives, but should also be sensitive to the cognitive abilities, limitations and biases of citizens. Written by policy practitioners in the Singapore government, this book is an introduction to how behavioural economics and the findings from cognitive psychology can be intelligently applied to the design of public policies."--Publisher's description.

Foreword
Acknowledgements
About the Authors
Introduction Cognition, Choice and Policy Design
Key Ideas in Behavioural Economics -And What They Mean for Policy Design
Incentives, Norms and Public Policy
A Behavioural Perspective to Managing Traffic Congestion in Singapore
Can Psychology Save the Planet and Improve our Environment?
Promoting Competition in Electricity Retail: Insights from Behavioural Economics
Discretionary Transfers: Providing Fiscal Support in a Behaviourally Compatible Way
Using Behavioural Insights to Improve Individual Health Decisions
A Behavioural View on Designing Singapore's National Annuity Scheme
Behavioural Economics, Policy Analysis and the Design of Regulatory Reform
Index

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