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Book Cover
E-book
Author Erdoğdu, M. Mustafa

Title Behavioural Public Finance Individuals, Society, and the State
Published Milton : Taylor & Francis Group, 2018

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Description 1 online resource (333 p.)
Series Routledge International Studies in Money and Banking Ser
Routledge International Studies in Money and Banking Ser
Contents Cover -- Endorsement -- Half Title -- Series Information -- Title Page -- Copyright Page -- Table of contents -- Figures -- Tables -- Contributors -- Foreword -- Book overview -- Part I Theoretical considerations on behavioural public finance -- 1 Behavioral public finance in a populist world -- Introduction -- Do individuals act rationally? -- A tutorial role for governments? -- Use of nudges in authoritarian governments -- Concluding comment -- References -- 2 Smart decision-makers, institutional design and x-efficient (real-world optimal) public finance -- Introduction
Different modelling perspectives -- Tax compliance -- The Lucas Critique -- Behavioural public finance and the theory of the firm -- Behavioural labour and public policy -- Conclusions -- References -- 3 Behavioral economics and public policy -- Introduction -- Behavioral economics and public policy perspectives -- Behavioral economics and public health policy -- Behavioral economics and education -- Conclusions -- References -- Part II Behavioural responses to regulations -- 4 Financial decisions and financial regulation: Three concepts of performance-based regulation
Economics and behavioural economics and the performance of financial services and products -- Introduction -- Behavioural economics: theory and data -- Dominated choices -- measuring confusion -- Behavioural economics -- Empirical methods -- Three sources of data -- three concepts -- Alternative conventional measures -- Three concepts of performance-based regulation -- Concept 1: Using existing data -- what have customers chosen in the past? -- Description of the concept -- Natural experiments: how would "confusion audits" work? -- What would a "confusion auditor" look like?
Observations on limitations, risks, and challenges -- Concept 2: Laboratory experiments -- simulated choices using real-world communication and online services -- Description of the concept -- Extension: surveying participants' understanding of products -- What would a "confusion auditor" look like? -- Observations on limitations, risks, and challenges -- Concept 3: Randomized controlled trials or field experiments -- mystery shoppers -- Description of the concept -- Field experiments: how would "confusion audits" work? -- What would a "confusion auditor" look like?
Observations on limitations, risks, and challenges -- Illustration and discussion: credit cards, savings, and insurance products -- Credit cards -- Savings products -- Detailed case study: savings products -- Insurance products -- Discussion -- What works for which market? -- Naming confusion audits -- Regulation and confusion audits -- Conclusions -- References -- 5 Behavioral biases and political actors: Three examples from US international taxation -- Introduction -- The Foreign Investment in Real Property Tax Act (FIRPTA) (1980) -- Cognitive heuristic -- Politicians' own biases
Notes Description based upon print version of record
The exit tax on US citizens who expatriate (2008)
Subject Finance, Public.
Fiscal policy.
Economics -- Psychological aspects.
Human behavior -- Economic aspects
Economics -- Psychological aspects
Finance, Public
Fiscal policy
Human behavior -- Economic aspects
Form Electronic book
Author Çevik, Savaş
Batrancea, Larissa
ISBN 1351107364
9781351107365