2018
DOI: 10.3386/w24828
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Behavioral Public Economics

Abstract: have provided excellent research assistance. Taubinsky thanks the Sloan Foundation for support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications.

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Cited by 23 publications
(8 citation statements)
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References 325 publications
(127 reference statements)
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“…Consumers may face problems of self-control and time-inconsistency and thus might underweight the future health costs of consumption of unhealthy foods relative to how they would like, in the future, to have weighted those costs. There are different points of view on whether policymakers should respect consumers' 'long-run' or 'short-run' preferences (see, for example, discussion in Bernheim and Rangel (2009) and Bernheim and Taubinsky (2018)). A social planner who uses the long-run criterion for welfare analysis might want to help people implement their long-run preferences by reducing consumption of unhealthy foods.…”
Section: Social Costs Are What Matter For Policymentioning
confidence: 99%
“…Consumers may face problems of self-control and time-inconsistency and thus might underweight the future health costs of consumption of unhealthy foods relative to how they would like, in the future, to have weighted those costs. There are different points of view on whether policymakers should respect consumers' 'long-run' or 'short-run' preferences (see, for example, discussion in Bernheim and Rangel (2009) and Bernheim and Taubinsky (2018)). A social planner who uses the long-run criterion for welfare analysis might want to help people implement their long-run preferences by reducing consumption of unhealthy foods.…”
Section: Social Costs Are What Matter For Policymentioning
confidence: 99%
“…The recent 1797-page book by Dhami (2016) is a tour de force of behavioral economic concepts and associated findings. For the more faint-hearted but equally interested readers there are the excellent two companion pieces by DellaVigna (2018) and Bernheim and Taubinsky (2018) that summarize the field's current state of knowledge.…”
Section: Why Care About a Behavioral Economics-vsl Connection?mentioning
confidence: 99%
“…While characterizing heterogeneous misperceptions is crucial for policy design, it is challenging to do in practice. The researcher needs: 1) a rich description of consumer behavior in the "naturally occurring" environment, where they make mistakes, 2) a rich description of consumer behavior in the "welfare-relevant" environment, where they do not make mistakes, and 3) the mapping between them (Bernheim and Taubinsky 2018). Previous work has relied on two approaches to measure misperceptions.…”
Section: Introductionmentioning
confidence: 99%