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Contribution of behavioural economics to regulatory and policy impact analysis

Author: Paul De Civita; Andrew MacDonald; André Downs; Policy Research Initiative (Canada)
Publisher: [Ottawa] : Policy Research Initative, ©2011.
Edition/Format:   eBook : Document : National government publication : English
Database:WorldCat
Summary:
Conventional regulatory approaches, which are based on traditional economic theory, might lead departments and agencies to expect certain outcomes. However, the result may not met the expectations. Why does this happen? One possibility is that the assumptions identified did not take into account how individuals would actually respond. Instead, they were based on more traditional or theoretical perspectives. The  Read more...
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Details

Material Type: Document, Government publication, National government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Paul De Civita; Andrew MacDonald; André Downs; Policy Research Initiative (Canada)
ISBN: 9781100179391 1100179399
OCLC Number: 711056081
Notes: Title screen viewed on Mar. 10, 2011.
Available on the Internet in PDF format.
Responsibility: Paul De Civita, Andrew MacDonald, and André Downs.
More information:

Abstract:

Conventional regulatory approaches, which are based on traditional economic theory, might lead departments and agencies to expect certain outcomes. However, the result may not met the expectations. Why does this happen? One possibility is that the assumptions identified did not take into account how individuals would actually respond. Instead, they were based on more traditional or theoretical perspectives. The initiative may have proven more successful, yielded better results, or used fewer resources had it been created using an approach that considers these behavioural responses.

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