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Home Publications Tax and benefit policy: insights from behavioural economics

Tax and benefit policy: insights from behavioural economics

Andrew Leicester, Peter Levell and Imran Rasul
This presentation was given at HMRC on 24 July 2012 to an audience of more than 80 civil servants from across government departments.

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Behavioural economics is increasingly being used to inform and develop policy interventions. Perhaps the most visible use of behavioural economics has been the development of ‘nudge’ policies, which stress that changing the way choices are presented, or changing the environment in which decisions ar...
There is growing interest in how behavioural economics can be used effectively by policymakers. This observation considers some of the broad implications of behavioural insights for tax and benefit policy, drawing on new IFS research which explores the issues for particular aspects of policy in ...