Title: Behavioural economics and public policy: some insights

Authors: Ian McAuley

Addresses: Public Sector Finance, University of Canberra, ACT 2601, Australia

Abstract: The findings of behavioural economics can help guide public policy, particularly regulatory design. While behavioural economics has only recently arisen as a defined discipline, many long-established regulations employed by governments are found to be consistent with the findings of behavioural economics.

Keywords: public policy; behavioural economics; behavioural finance; prospect theory; defaults; asymmetric paternalism; regulatory design; financial regulation.

DOI: 10.1504/IJBAF.2013.057365

International Journal of Behavioural Accounting and Finance, 2013 Vol.4 No.1, pp.18 - 31

Received: 08 May 2021
Accepted: 12 May 2021

Published online: 27 Oct 2013 *

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