The article analyses the evolution of taxation from a revenue-raising mechanism to a tool of behavioural influence and examines when fiscal nudging may become coercive. Drawing on Pigouvian economics ...
A section of students participants of the Writers' Forum hold Generation Next pull outs during Forum's meeting at Mang'u High School in Kiambu on May 28 2015. This year’s Nobel Prize in economics went ...
Chris Starmer does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...
The Financial Services Authority indicated that its decision to move away from relying on information disclosure as its main tool for protecting consumers was influenced by the LSE research… The ...
Reciprocity bias is our tendency to reciprocate the actions of others creating a wave of indebtedness. If somebody does something for us, or gives us something, we are more likely to return the favour ...
University of Canberra provides funding as a member of The Conversation AU. More than 3 million Australians have downloaded the Australian government’s COVIDSafe contact-tracing app in the three days ...
A BAT and a ball cost $1.10 between them. The bat costs $1 more than the ball. How much does each cost? By paying attention to how people actually think, behavioural economics has qualified some of ...
Behavioral economics, it seems, might just have a bias problem of its own. Once dismissed as little more than psychobabble, the discipline, which marries classical economics with psychology, has won ...
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