The Role of Behavioral Economics in Public Policy Design
Keywords:
Behavioral Economics, Public Policy, Decision Making, Nudging, Evidence-Based ApproachesAbstract
This article delves into the application of behavioral economics in crafting effective public policies. By analyzing various behavioral interventions, we demonstrate how insights from this field can enhance policy outcomes in areas such as health, education, and environmental conservation. The paper provides a framework for integrating behavioral economics into policy-making processes, emphasizing the importance of evidence-based approaches.
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