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Behavioural Economics and Policy Design:Examples from Singapore

S'Pore Economics Society of S'Pore




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 | #1398149 in eBooks |  2011-10-18 |  2011-10-18 | File type: PDF

|| |"It is well known that public policy in Singapore is often guided by the rigour of economic logic. What is less well known is how policies have also been shaped by an intuitive understanding of human motivations that go beyond the traditional assumptions of

Analysts of government have frequently noted how Singapore's policies are grounded in rigorous economics thinking. Policies are designed to be economically efficient even if they are not always popular. This pioneering book takes a different approach. It aims to demonstrate how successful policies in Singapore have integrated conventional economic principles with insights from the emerging field of behavioural economics even before the latter became popular. Using exa...

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