Public Finance with Behavioural Agents

Download or read book Public Finance with Behavioural Agents written by Raphaël Lardeux and published by Cambridge University Press. This book was released on 2022-12-31 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent developments in behavioural economics have deeply influenced the way governments design public policies. They give citizens access to online simulators to cope with tax and benefits systems and increasingly rely on nudges to guide individual decisions. The recent surge of interest in Behavioural Public Finance is grounded on the conviction that a better understanding of individual behaviours could improve predictions of tax revenue and help design better-suited incentives to save for retirement, search for a new job, go to school or seek medical attention. Through a presentation of the most recent developments in Behavioural Public Finance, this Element discusses the way Behavioural Economics has improved our understanding of fiscal policies.