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Journal Article E.1: Leigh, A. (2015). How behavioural economics does and can shape public policy. The Economic and Labour Relations Review, 26, 339–346.

URL: https://doi.org/10.1177/1035304615579346

Abstract: Behavioural economics research has pointed to the importance of market inefficiencies, framing, heuristics and hyperbolic discounting. Empirically, behavioural economics has been shown to predict patterns of consumer behaviour, exercise patterns and substance addiction. In this article, I discuss the ways in which our growing understanding of behavioural economics has shaped the development of public policies. I conclude with six pieces of advice for behavioural policymakers.