RT Web Page DB /z-wcorg/ DS http://worldcat.org ID 711056081 LA English UL http://www.deslibris.ca/ID/227068 T1 Contribution of behavioural economics to regulatory and policy impact analysis A1 De Civita, Paul., MacDonald, Andrew., Downs, André., Policy Research Initiative (Canada), PB Policy Research Initative PP [Ottawa] YR 2011 SN 9781100179391 1100179399 AB 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.