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"Individual failure" and the analytics of social policy
Author(s)Philip Jones, John Cullis
Journal titleJournal of Social Policy, vol 29, part 1, January 2000
Pagespp 73-94
KeywordsSocial policy ; Economics ; Theory.
AnnotationThis paper considers developments in economics over the last decade, and how these may be of importance in any evaluation of social policy alternatives. Social policy appraisal depends on assumptions that are made about individual motivation and individual behaviour. In recent years greater weight has been given to behavioural characteristics which are typical of homo-economicus. At the same time, a growing body of evidence from experimental economics and from cognitive psychology identifies a richer characterisation of individual behaviour. Allowance must be made for `individual failure' and for preference endogeneity when designing and implementing social policy. The paper suggests that a broader agenda is needed when evaluating social policies, and that a greater emphasis must be placed on the `demonstration effect' when designing social policy. (AKM).
Accession NumberCPA-000411213 A
ClassmarkTM2: W: 4D

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