{"product_id":"policy-and-choice-9780815722588","title":"Policy and Choice","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cp\u003eTraditional public finance provides a powerful framework for policy analysis, but it relies on a model of human behavior that the new science of behavioral economics increasingly calls into question. In \u003ci\u003ePolicy and Choice\u003c\/i\u003e economists William Congdon, Jeffrey Kling, and Sendhil Mullainathan argue that public finance not only can incorporate many lessons of behavioral economics but also can serve as a solid foundation from which to apply insights from psychology to questions of economic policy.\u003c\/p\u003e\n\u003cp\u003eThe authors revisit the core questions of public finance, armed with a richer perspective on human behavior. They do not merely apply findings from psychology to specific economic problems; instead, they explore how psychological factors actually reshape core concepts in public finance such as moral hazard, deadweight loss, and incentives.\u003c\/p\u003e\n\u003cp\u003ePart one sets the stage for integrating behavioral economics into public finance by interpreting the evidence from psychology and devel\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Rowman \u0026 Littlefield Publishers","offers":[{"title":"Default Title","offer_id":51038487675223,"sku":"9780815722588","price":18.04,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780815722588.jpg?v=1750940436","url":"https:\/\/bookcurl.com\/products\/policy-and-choice-9780815722588","provider":"Book Curl","version":"1.0","type":"link"}