
Bounded Rationality and Public Policy
A Perspective from Behavioural Economics
Alistair Munro(Author)
Springer (Publisher)
Published on 28. October 2010
Book
Paperback/Softback
XVI, 304 pages
978-90-481-8134-6 (ISBN)
Description
This book is about bounded rationality and public policy. It is written from the p- spective of someone trained in public economics who has encountered the enormous literature on experiments in decision-making and wonders what implications it has for the normative aspects of public policy. Though there are a few new results or models, to a large degree the book is synthetic in tone, bringing together disparate literatures and seeking some accommodation between them. It has had a long genesis. It began with a draft of a few chapters in 2000, but has expanded in scope and size as the literature on behavioural economics has grown. At some point I realised that the geometric growth of behavioural - search and the arithmetic growth of my writing were inconsistent with an am- tion to be exhaustive. As such therefore I have concentrated on particular areas of behavioural economics and bounded rationality. The resulting book is laid out as follows: Chapter 1 provides an overview of the rest ofthe book, goes through some basic de?nitions and identi?es themes.
Reviews / Votes
From the reviews:
"Alistair Munro's book . provides an important contribution to this emerging literature. The author has a broad scope and examines several implications of bounded rationality that are of interest for public economics. . several implications of bounded rationality that are relevant for environmental economists are addressed, mainly for non-market valuation research. . The material is accessible for researchers or graduate students who want to be introduced to the topic, while several chapters tackle more advanced issues that can be of interest for an expert audience." (W. J. W. Botzen, Environmental and Resource Economics, Vol. 49, 2011)More details
Series
Edition
Softcover reprint of hardcover 1st ed. 2009
Language
English
Place of publication
Dordrecht
Netherlands
Target group
Professional and scholarly
Research
Illustrations
XVI, 304 p.
Dimensions
Height: 235 mm
Width: 155 mm
Thickness: 19 mm
Weight
517 gr
ISBN-13
978-90-481-8134-6 (9789048181346)
DOI
10.1023/b99496
Schweitzer Classification
Other editions
Additional editions

Book
06/2009
Springer
€213.99
Shipment within 15-20 days
Content
Anomalies.- Information, Learning and Markets.- Markets and Reference Dependent Preferences.- Welfare.- Public Policy and Bounded Rationality.- Standard Fiscal Policy and Merit Wants.- Agency and Dependency.- Tax Policy.- Framing Matters: Non-Standard Fiscal Policy.- Stated Preference and Non-Market Decisions.