Thursday, May 3, 2012

Behavioral Economics and Public Policy

The last chapter in Mankiw's Prin. of Microeconomics is partly on behavioral economics.  While I run out of time to cover this chapter, I thought that I would "tip my hat" so to speak, to the topic.  From the Economist, here is a good article on the use of behavioral economics as a guide for public policy as a means of improving social welfare.

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