1. Behavioral mechanism design.
- Author
-
Bowles S
- Subjects
- Humans, Public Policy, Behavioral Sciences
- Abstract
The authors make a convincing case that behavioral scientists have mistakenly focused on improving individual decision making and in so doing have deflected attention from necessary changes in the rules of the game - societal institutions and policies - that shape individual decisions. To address this problem a behavioral science of public policy requires rethinking fundamental economic concepts including preferences and incentives.
- Published
- 2023
- Full Text
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