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Chapter 7: Behavioural Economics and Regulation

Chapter 7: Behavioural Economics and Regulation

pp. 197-230

Authors

, University of Oxford
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Extract

Describes insights from behavioural economics that challenge the standard assumptions about consumer and firm behaviour. Considers the implications of these insights for economic regulation

Keywords

  • behavioural economics
  • behavioural industrial organisation
  • cognitive biases
  • nudge

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