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Behavioral market design

Published online by Cambridge University Press:  30 August 2023

Axel Ockenfels Open the ORCID record for Axel Ockenfels [Opens in a new window]
Axel Ockenfels*
Affiliation:
Department of Economics, University of Cologne, Köln, Germany ockenfels@uni-koeln.de; https://ockenfels.uni-koeln.de/de/ao Max Planck Institute for Research on Collective Goods, Bonn, Germany
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Abstract

When it comes to behavioral change, economic design and behavioral science are complements, not substitutes. Chater & Loewenstein give examples from policy design. In this commentary, I use examples, often from my own research, to show how behavioral insights inform the design of the rules that govern market transactions.

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Type
Open Peer Commentary
Information
Behavioral and Brain Sciences , Volume 46 , 2023 , e171
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Copyright
Copyright © The Author(s), 2023. Published by Cambridge University Press

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