{"id":54063,"date":"2022-08-09T00:00:07","date_gmt":"2022-08-09T05:00:07","guid":{"rendered":"https:\/\/selasite.azurewebsites.net\/?post_type=agenda&p=54063"},"modified":"2024-01-28T19:47:16","modified_gmt":"2024-01-29T00:47:16","slug":"ii-workshop-on-public-policy-instruments-based-on-behavioural-economics","status":"publish","type":"agenda","link":"https:\/\/rmtsolutions.net\/sela\/en\/agenda\/ii-workshop-on-public-policy-instruments-based-on-behavioural-economics\/","title":{"rendered":"II Workshop on public policy instruments based on behavioural economics"},"content":{"rendered":"
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\n \n Report <\/span>\n <\/div>\n
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Report<\/a><\/p>\n <\/div>\n <\/div>\n\n\n

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\n \n Introduction <\/span>\n <\/div>\n
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A better understanding of human behaviour can lead to better public policies. Therefore, policymakers need to focus more on what influences people’s decision-making and less on how people are supposed to behave.[1]<\/strong>\u00a0To that end, understanding and differentiating between intuitive (automatic) thinking and reflective (rational) thinking[2]<\/strong>\u00a0is fundamental.<\/p>\n

Behavioural economics focuses on demonstrating that people are not always rational beings and act based on different biases, such as overconfidence, loss aversion and present bias, among others. Thus, this branch of economics incorporates ideas from other social sciences, especially psychology, to enrich the classical economic model.<\/p>\n

The Cabinet Office and Institute for Government in the UK, through their report\u00a0Mindspace: influencing behaviour through public policy<\/em>, argue that policymakers facing policy challenges such as crime, obesity, environmental sustainability or population inoculation have a potentially useful toolkit of behavioural approaches. Applying these tools can lead to inexpensive and painless ways of \u201cnudging\u201d citizens towards new ways of acting and thinking[3]<\/strong>.<\/p>\n

Behavioural economics has a fairly wide range of applications, and although it has already been applied successfully in some areas, its potential is much greater. To tap that potential, one must learn about what influences people’s behaviour. Under this premise, research centres, lines and teams of work and institutions have been established around the world with the aim of solving public policy problems using the tools of behavioural economics, such as the Behavioural Economics Group at the Inter-American Development Bank (IDB); the Mind, Behaviour and Development Integration Unit (eMBeD) at the World Bank; the Behavioural Government Lab in conjunction with MineduLAB of the Peruvian Ministry of Education; the Mexican Institute of Behavioural Economics (IMEC) and The Behavioural Insights Team, among others.<\/p>\n

In this context, the first \u00abWorkshop on public policy instruments based on behavioural economics\u00bb was held in 2021 with the aim of addressing the conceptual part, presenting successful cases of the application of behavioural economics in the region and presenting some studies carried out to strengthen the communication efforts of governments during the COVID-19 pandemic.<\/p>\n

The second workshop will be a space to showcase best practices in this area, as well as a vehicle to train public officials in the region on the benefits of behavioural economics and its tools, as a way to develop better public policies, especially in the actions carried out against corruption.<\/p>\n

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[1]<\/strong>\u00a0OECD (2019), Tools and Ethics for Applied Behavioural Insights: The BASIC Toolkit, OECD Publishing, Paris,\u00a0https:\/\/doi.org\/10.1787\/9ea76a8f-en<\/a>.<\/p>\n

[2]<\/strong>\u00a0Thaler, Richard H. & Sustein, Cass R. (2008), Nudge: improving decisions about health, wealth, and happiness. Yale University Press. New Haven & London<\/p>\n

[3]<\/strong>\u00a0Cabinet Office and Institute for Government (2010), Mindspace: influencing behaviour through public policy,\u00a0https:\/\/www.bi.team\/publications\/mindspace\/<\/a><\/p>\n <\/div>\n <\/div>\n\n\n

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\n \n Objectives <\/span>\n <\/div>\n
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  1. Gain knowledge about the conceptual foundations of behavioural economics.<\/li>\n
  2. Analyse the design of economic policies based on behavioural economics.<\/li>\n
  3. Present the implementation of economic policies based on behavioural economics.<\/li>\n<\/ol>\n <\/div>\n <\/div>\n\n\n
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    \n \n Information On The Event <\/span>\n <\/div>\n
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    Date: 10, 11 and 16 August 2022
    \nTime: 9:30 a.m. – 12:30 p.m. (Caracas time)
    \nLanguage: Spanish
    \nModality: theoretical-practical. Workshop attendees will have to participate throughout the sessions.<\/p>\n