Wednesday, April 16, 2014

Is it possible to internalize externalities of risky behavior?

Risking Your Health. Causes, Consequences, and Interventions to Prevent Risky Behaviors

Behaviour Change

Today I bring a World Bank Report and a UK Parliament report, both on behaviour. The first is closely related to developing countries, though the same messages are for developed ones. I don't know who exactly is paying the bill for such risky behaviours. Measures to internalize externalities are not so easy to implement, though the document explains some of them.
The second report is an introduction to behavioral economics for politicians. I'm convinced that we do need to know more about this, although there is no unifying theory and prescriptions are fuzzy by now.

PS. Today we can confirm that Google scans your gmail messages.
PS. Today we can also confirm again that internet is an unsafe network
PS. Bloomberg on behavioral finance.


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