The Value of Behavioral Policies
Behavioral interventions have become central to modern public policy, but their empirical promise remains contested because estimated treatment effects often appear small. We argue that a policy response is economically meaningful only relative to the response generated by alternative policies. We assemble more than 1,200 estimates from over 600 studies comparing “nudges” and traditional price…
We haven't written up this one. Marginal Revolution has the full story — the link below goes straight to it.
