Regulatory Policy and Behavioural Economics

Regulatory Policy and Behavioural Economics

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This study offers an international review of the initial applications of behavioural economics to policy, with a particular focus on regulatory policy.The Credit Card Accountability Responsibility and Disclosure (CARD) Act was signed into US law by President Obama in May 2009. ... compounding of interest; and that some consumers may a€œanchora€ repayments to minimum payment information (or even treat it as advice). ... Given the above and the widespread use of credit cards, the CARD Act 2009 might be considered one of the most prominentanbsp;...

Title:Regulatory Policy and Behavioural Economics
Author:Lunn Pete
Publisher:OECD Publishing - 2014-01-10


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