Skip to main content
SpringerLink
Log in
Book cover

The New Palgrave Dictionary of Economics pp 882–887Cite as

Palgrave Macmillan

Behavioural Public Economics

  • Reference work entry
  • First Online:

  • 54 Accesses

Abstract

Behavioural public economics incorporates ideas from behavioural economics, psychology, and neuroscience in the analysis and design of public policies. This article provides an introduction to its methods and discusses its application to savings and addiction policy.

This is a preview of subscription content, log in via an institution.

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   6,499.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD   8,499.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

Bibliography

  • Becker, G., and K. Murphy. 1988. A theory of rational addiction. Journal of Political Economy 96: 675–700.

    Article  Google Scholar 

  • Bernheim, B.D., and A. Rangel. 2004. Addiction and cue-triggered decision processes. American Economic Review 94: 1558–1590.

    Article  Google Scholar 

  • Bernheim, B.D., and A. Rangel. 2005. From neuroscience to public policy: A new economic view of addiction. Swedish Economic Policy Review 12: 11–46.

    Google Scholar 

  • Bernheim, B.D., and A. Rangel. 2006a. Behavioral public economics: Welfare and policy analysis with fallible decision-makers. In Economic institutions and behavioral economics, ed. P. Diamond and H. Vartiainen. Princeton: Princeton University Press (forthcoming).

    Google Scholar 

  • Bernheim, B.D., and Rangel A. 2006b. Toward choice-theoretic foundations for behavioral welfare economics. American economic review papers and proceedings, (forthcoming).

    Google Scholar 

  • Choi, J., D. Laibson, and B. Madrian. 2004. Plan design and 401(k) savings outcomes. National Tax Journal 57: 275–298.

    Article  Google Scholar 

  • Diamond, P., and B. Koszegi. 2003. Quasi-hyperbolic discounting and retirement. Journal of Public Economics 87: 1839–1872.

    Article  Google Scholar 

  • Frederick, S., G. Loewenstein, and T. O’Donoghue. 2002. Time discounting and time preference: A critical review. Journal of Economic Literature 40: 351–401.

    Article  Google Scholar 

  • Imrohoroglu, S., A. Imrohoroglu, and D. Joines. 2003. Time inconsistent preferences and social security. Quarterly Journal of Economics 118: 745–784.

    Article  Google Scholar 

  • Krusell, P., B. Kuruscu, and A. Smith. 2000. Tax policy with quasi-geometric discounting. International Economic Journal 14(3): 1–40.

    Article  Google Scholar 

  • Krusell, P., B. Kuruscu, and A. Smith. 2002. Equilibrium welfare and government policy with quasi-geometric discounting. Journal of Economic Theory 105: 42–72.

    Article  Google Scholar 

  • Laibson, D. 1997. Golden eggs and hyperbolic discounting. Quarterly Journal of Economics 112: 443–477.

    Article  Google Scholar 

  • Laibson D, Repetto A, and Tobacman J. 2004. Estimating discount functions from lifecycle consumption choices. Working paper. Harvard University.

    Google Scholar 

  • Loewenstein, G., D. Read, and R. Baumister, ed. 2003. Time and decision: Economic and psychological perspectives on intertemporal choice. New York: Russell Sage Foundation.

    Google Scholar 

  • Madrian, B., and D. Shea. 2001. The power of suggestion: inertia in 401(k) participation and savings behavior. Quarterly Journal of Economics 116: 1149–1187.

    Article  Google Scholar 

  • O’Donoghue, T., and M. Rabin. 1999b. Doing it now or later. American Economic Review 89: 103–124.

    Article  Google Scholar 

  • O’Donoghue, T., and M. Rabin. 2001. Choice and procrastination. Quarterly Journal of Economics 116: 121–160.

    Article  Google Scholar 

  • O’Donoghue, T., and M. Rabin. 2006. Optimal sin taxes. Journal of Public Economics 90: 1825–1849.

    Article  Google Scholar 

  • Phelps, E., and R. Pollack. 1968. On second-best national savings and game equilibrium growth. Review of Economic Studies 35: 185–199.

    Article  Google Scholar 

  • Strotz, R.H. 1956. Myopia and inconsistency in dynamic utility maximization. Review of Economic Studies 23: 165–180.

    Article  Google Scholar 

  • Thaler, R.H., and S. Bernartzi. 2004. Save more for tomorrow: Using behavioral economics to increase employee savings. Journal of Political Economy 112: S164–S187.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

  1. http://link.springer.com/referencework/10.1057/978-1-349-95121-5

    B. Douglas Bernheim & Antonio Rangel

Authors
  1. B. Douglas Bernheim
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Antonio Rangel
    View author publications

    You can also search for this author in PubMed Google Scholar

Editor information

Copyright information

© 2018 Macmillan Publishers Ltd.

About this entry

Check for updates. Verify currency and authenticity via CrossMark

Cite this entry

Bernheim, B.D., Rangel, A. (2018). Behavioural Public Economics. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2074

Download citation

Publish with us

Policies and ethics

Search

Navigation