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When do "Nudges" Increase Welfare?

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NBER2022-12-01 更新2025-01-04 收录
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We use public finance sufficient statistic approaches to characterize the welfare effects of nudges, such as simplified information and warning labels, in markets with taxes and endogenous prices. While many studies focus on average effects, we show that welfare also depends on how the nudge affects

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2022-12-01
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