WPA Behavioral Economics and Public Policy Panel
The past decade marks a victory for behavioral economics―from the award in 2002 Nobel Prize in Economics to Daniel Kahneman to the bestseller “Thinking, Fast and Slow” to the establishment of Behavioral Insights Team in the UK. Policymakers are paying more attention to this new field: What is it? Why is it important to public policy? Is it really a silver bullet to policy design in the future?
WPA's panel Behavioral Sciences in Public Policy will enable students interested in public policy to hear from experts in the field of behavioral economics, understand why people make irrational decisions, and apply the knowledge in finance, health, education, etc.