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Comment
. 2023 Aug 30:46:e171.
doi: 10.1017/S0140525X23001139.

Behavioral market design

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Comment

Behavioral market design

Axel Ockenfels. Behav Brain Sci. .

Abstract

When it comes to behavioral change, economic design and behavioral science are complements, not substitutes. Chater & Loewenstein give examples from policy design. In this commentary, I use examples, often from my own research, to show how behavioral insights inform the design of the rules that govern market transactions.

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