Policy and Choice: Public Finance through the Lens of Behavioral Economics

The fully behavioral public finance textbook is a groundbreaking integration of psychology and economics that provides a powerful framework for policy analysis.

By incorporating insights from behavioral economics, this book revisits the core questions of public finance and offers a more realistic approach to understanding human behavior in economic decision-making.

With a richer perspective on human behavior, the authors explore how psychological factors reshape traditional concepts in public finance such as moral hazard, deadweight loss, and incentives.

This innovative approach encompasses both traditional policy levers and more psychologically informed instruments, providing a fully behavioral public finance that is explicit, systematic, rigorous, and realistic.

Whether you're a student of economics or a policymaker looking for a more effective approach to economic policy, this book is an essential read.