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Behavioural Economics: Seven Principles for Policy Makers
From the new economics foundation (nef): This briefing distils concepts from behavioural economics and psychology down to seven key principles intended tohighlight the main shortfalls in the neoclassical model of human behaviour. The authors aim to change the analytical framework for policy as well as to maximise the impact of policy interventions, as well as reduce unintended outcomes arising from making decisions based solely on a neoclassical economic analysis.
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