Filter By

Filter

Showing page 1 of 83 results

The Making of Behavourial Economics: Review of "Misbehaving" by Richard Thaler

Review  -  Charmaine Tan Huan Yuen

A pioneer’s account of the paradigm shift in economics offers compelling insights for the contemporary scholar and practitioner alike.

Krugman, Wolf and the Roots of the Financial Crisis

Review  -  He Ruimin

Review of Paul Krugman's The Return of Depression Economics and the Crisis of 2008 and Martin Wolf's Fixing Global Finance

Policymaking for Real People

Review  -  Tan Yeling

An understanding of how human biases affect economic decision-making can significantly improve the design of public policy. A new book authored by Singapore’s policymakers explains.

Using the Tax System to Create New Resources Out of Thin Air

Opinion  -  Robert H. Frank

Cornell Professor of Economics Robert Frank believes a progressive consumption tax could cut down wasteful competitive spending without compromising public resources.

Implications of Prospect Theory on Road Pricing

Article  -  Anthony T. H. Chin

While the economic costs of traffic congestion are well documented, the effectiveness of economic instruments, such as road pricing, in containing traffic congestion is less clear. Prospect Theory, a leading behavioural model in experimental economics, may explain inelastic driver behaviour in response to road pricing during peak hours. It may also shed light on the phenomenon of consumers who continue driving despite its higher economic cost relative to other modes of transport.

Opinion: The Environment as Capital

Opinion  -  Dodo J. Thampapillai

Following the 2006 Stern report, global warming, climate change and the scarcity of basic resources have become dominant themes in policy forums concerning sustainable development.

Auctions, Market Experiments and Public Policy

Interview  -  Bart Wilson, Stephen Rassenti, Vernon L. Smith

A discussion with Professors Vernon L. Smith, Stephen Rassenti and Bart Wilson

Editorial Issue 6

Editorial  -  Alvin Pang

Singapore's Political Economy: Two Paradoxes

Article  -  Bryan Caplan

Economist Bryan Caplan, noted for his insights on public choice, visited Singapore in November 2008. His observations address how “economically efficient, but politically unpopular” policies might successfully be carried through a democratic system, and sheds light on the environment in which public policy is made and implemented in Singapore.

Triumph of the Lion City

Review  -  Tan Peng Ting

Review of Edward Glaeser's Triumph of the City