Monday, January 19, 2015

Raj Chetty's slides on BE & Public Policy

Raj Chetty of Harvard has a new, very accessible 62-slide presentation online called Behavioral Economics and Public Policy A Pragmatic Perspective. His main takeaways are that BE makes three contributions to public policy (i) New policy tools (e.g. defaults, framing), (ii) Better predictions of the effects of existing policies (e.g. taxes), (iii) New welfare implications.

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