The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Behavioural Public Economics

  • B. Douglas Bernheim
  • Antonio Rangel
Reference work entry


Behavioural public economics incorporates ideas from behavioural economics, psychology, and neuroscience in the analysis and design of public policies. This article provides an introduction to its methods and discusses its application to savings and addiction policy.


Addiction Behavioural public economics Budget constraints Compulsory saving Default options Imperfect decision processes Intertemporal choice Lump-sum taxes Myopia Neoclassical public economics Neuroscience Pigouvian taxes Psychology and economics Tax incentives for saving Well-being 

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • B. Douglas Bernheim
    • 1
  • Antonio Rangel
    • 1
  1. 1.