Wednesday, January 10, 2007

Behavioural Interventions

I agree with Martin - the Tesco idea is a great example of behavioural finance at work. I haven't read the details of the schemes but the basic idea seems similar to some of the work we have been looking at in the literature. A lot of the work in my PhD showed that people didn't really have a clue how much tax they were paying or what it was being spent on.

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