Behavioural Economics and Regulation
eBook - ePub

Behavioural Economics and Regulation

The Design Process of Regulatory Nudges

Maria C. de Campos

  1. 240 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Behavioural Economics and Regulation

The Design Process of Regulatory Nudges

Maria C. de Campos

Book details
Table of contents
Citations

About This Book

In recent years, the idea of "nudges" – small changes in individual choice architecture that do not involve incentives or coercion – has entered policy discourse and practice to address various problems ranging from energy usage to retirement savings. However, how nudges can be incorporated into regulatory practice, and whether the experimental methodologies used to design nudges are still appropriate when they are being used as a regulatory instrument is still an unexplored issue. As this book shows, the translation of ideas into the world of regulation is not so simple and straightforward.

By analysing the different experimental alternatives that regulators can use when designing nudges and through a close analysis of a real-world example – the case of the European Union tobacco warnings – this book proposes an alternative design process more in tune with the reality of regulation. The book explores the implications of iterative experimental methodologies and processes for regulators, concluding with a call for an alternative nudging's design process tailored to the regulatory space.

This book is crucial for researchers and policy-makers interested in the incorporation of nudging into regulation and anyone interested in the implications of behavioural economics – and evidence more generally – for regulatory design.

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Information

Publisher
Routledge
Year
2022
ISBN
9781000649079

Table of contents

  1. Cover
  2. Half Title
  3. Series
  4. Title
  5. Copyright
  6. Dedication
  7. Table of Contents
  8. List of tables
  9. Abbreviations
  10. 1 Introduction
  11. 2 Nudging and behavioural economics
  12. 3 A conceptual framework: Private, public and regulatory nudges
  13. 4 In search of perfection: Can regulators pay the price of the perfect nudge? Behind the scenes of the design process of nudging
  14. 5 An iterative design process meets the real world: The case of EU tobacco warnings
  15. 6 Adapting the process of nudge design to the regulatory space
  16. Index