Behavioral and experimental economics can inform public policy: some thoughts

Arbeitspapier

Experimental and behavioral economics are well established branches in the economic science. This essay presents and discusses some results and behavioral regularities from these fields which are of potential importance for public policy. After a brief introduction of what experimental and behavioral economics is, some behavioural regularities as presentation and framing effects, pro-social behavior, and reciprocity are introduced and it is reported how they interact with prominent trading institutions, taxation, and social and individual well-being. Throughout some implications for public policy are discussed.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 2902

Classification and Topics

• Classification: Wirtschaft ; Design of Experiments: General ; Microeconomics: General ; Public Economics: General
• Subject: public economics ; experimental economics ; behavioral economics ; public policy

Contributors, Location and Time

• Event: Geistige Schöpfung
• (who): Riedl, Arno
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/30672
• Last update: 10.03.2025, 11:42 AM CET