Behavioural Economics and Regulation

Name: Behavioural Economics and Regulation
Brand: Taylor & Francis

Taylor & Francis

In recent years, the idea of \""nudges\"" \u2013 small changes in individual choice architecture that do not involve incentives or coercion \u2013 has entered policy discourse and practice to address various problems ranging from energy usage to retirement savings. However, how nudges can be incorporated into regulatory practice, and whether the experimental methodologies used to design nudges are still appropriate when they are being used as a regulatory instrument is still an unexplored issue. As this book shows, the translation of ideas into the world of regulation is not so simple and straightforward.