Regulatory Policy and Behavioural Economics

Regulatory Policy and Behavioural Economics You do not have access to this content

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Author(s):
Pete Lunn
10 Jan 2014
Pages
72
ISBN
9789264207851 (PDF) ;9789264207844(print)
DOI: 
10.1787/9789264207851-en

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Over the past five years, behavioural economics has been rapidly propelled from the margins of economic analysis towards the policy mainstream. In this context, this study offers an international review of the initial applications of behavioural economics to policy, with a particular focus on regulatory policy. It describes the extent to which behavioural findings have begun to influence public policy in a number of OECD countries, referring to a total of more than 60 instances, the majority of which concern regulatory policy.

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  • Foreword and Acknowledgements

    The use of behavioural economics in the design and delivery of regulation is at the forefront of regulatory policy and governance. This approach aims to improve outcomes without using traditional command and control mechanisms by understanding the way that citizens and businesses actually behave rather than how traditional economics assumes that they behave. This publication explores how governments are currently applying behavioural science to design and deliver better regulation.

  • Acronyms and abbreviations
  • Executive summary

    In recent years, researchers in behavioural economics and related disciplines have discovered numerous systematic influences on people’s economic decisions, many of which run counter to orthodox microeconomics. This report presents an international review of how this relatively new science is being applied to policy, concentrating primarily but not exclusively on regulatory policy. It refers to more than 60 instances of policies that are informed by behavioural economics. It then considers possible lessons for regulatory design and delivery.

  • Regulatory Policy and Behavioural Economics

    The use of behavioural economics in the design and delivery of regulation is at the forefront of regulatory policy and governance. This approach aims to improve outcomes without using traditional command and control mechanisms by understanding the way that citizens and businesses actually behave rather than how traditional economics assumes that they behave. This study explores how governments are currently applying behavioural science to design and deliver better regulation.

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