The problem with traditional economic models of choice -- How behavioral economics makes the same mistakes -- How behavioral economics met law and economics and begat nudge -- Why nudges can't do what they promise -- Why nudges are unethical -- All nudges are not created equal -- Why choice...

This book originated from a 2010 conference marking the fortieth anniversary of the publication of the landmark """"Phelps volume,"""" Microeconomic Foundations of Employment and Inflation Theory, a book that is often credited with pioneering the currently dominant approach to macroeconomic...

Die Entscheidungs- und Spieltheorie hat in den letzten Jahren in der Politikwissenschaft dramatisch an Bedeutung gewonnen. Im Fokus stehen strategische Entscheidungen rationaler Akteure. Der Band führt in die grundlegende Konzepte ein und zeigt die Bandbreite möglicher Anwendungen in den...

This note guides policy advice on the use of foreign exchange intervention (FXI) as part of the Integrated Policy Framework (IPF) in Fund surveillance. The note provides general principles for the advice in countries with flexible exchange rates and sets out three use cases for FXI that are tied...

The pattern of increasing suburban house prices relative to urban centers initiated during the pandemic continues to hold across the top 30 US metropolitan statistical areas (MSAs). In contrast, European countries such as Denmark, France, and the United Kingdom did not experience a similar shift...

Turnover (sales) is frequently used in developing countries as a presumptive income tax base, to economize on the costs of tax administration and taxpayer compliance. We construct a simple model where a size threshold separates firms paying turnover tax from those paying profit tax (regular...