Psychologische Restriktionen wirtschaftspolitischer Reformen
Suggestions for economic policy reform are regularly confronted with the problem of lacking reform acceptance in the political process and among the general public. So far "Reformstau" is widely analysed as a consequence of collective action failures. In contrast to these approaches based on standard assumptions of rationality this contribution explores behavioral economics explanations. It is shown that prospect theory and related phenomena can help to understand reform resistance. Experimental evidence with respect to current German reform debates is presented which supports this view. Taking account of psychological reform obstacles is shown to be useful to derive reform and communication strategies. Copyright 2008 die Autoren Journal compilation 2008, Verein für Socialpolitik und Blackwell Publishing Ltd.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 9 (2008)
Issue (Month): 4 (November)
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=1465-6493|
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=1465-6493|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Wolfgang Franz, 2000. "Wirtschaftspolitische Beratung: Reminiszenzen und Reflexionen," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 1(1), pages 53-71, 02.
- Tversky, Amos & Kahneman, Daniel, 1986. "Rational Choice and the Framing of Decisions," The Journal of Business, University of Chicago Press, vol. 59(4), pages S251-78, October.
- Tania Singer & Ernst Fehr, 2005.
"The Neuroeconomics of Mind Reading and Empathy,"
American Economic Review,
American Economic Association, vol. 95(2), pages 340-345, May.
- Matthew Rabin., 1997.
"Psychology and Economics,"
Economics Working Papers
97-251, University of California at Berkeley.
- Dreher, Axel & Lamla, Michael J. & Lein, Sarah M. & Somogyi, Frank, 2009.
"The impact of political leaders' profession and education on reforms,"
Journal of Comparative Economics,
Elsevier, vol. 37(1), pages 169-193, March.
- Axel Dreher & Michael J. Lamla & Sarah M. Rupprecht & Frank Somogyi, 2006. "The impact of political leaders’ profession and education on reforms," KOF Working papers 06-147, KOF Swiss Economic Institute, ETH Zurich.
- Saint-Paul, Gilles, 1997.
"The Rise and Persistence of Rigidities,"
American Economic Review,
American Economic Association, vol. 87(2), pages 290-94, May.
- Heinemann, Friedrich, 2006. "The Drivers of Deregulation in the Era of Globalization," ZEW Discussion Papers 06-12, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Richard Feinberg, 2006. "Presidential mandates and ministerial institutions: Summitry of the Americas, the Organization of American States (OAS) and the Inter-American Development Bank (IDB)," The Review of International Organizations, Springer, vol. 1(1), pages 69-94, March.
- Samuelson, William & Zeckhauser, Richard, 1988. " Status Quo Bias in Decision Making," Journal of Risk and Uncertainty, Springer, vol. 1(1), pages 7-59, March.
- Ernst Fehr & Simon Gaechter, 2000.
"Fairness and Retaliation: The Economics of Reciprocity,"
CESifo Working Paper Series
336, CESifo Group Munich.
- Ernst Fehr & Simon G�chter, 2000. "Fairness and Retaliation: The Economics of Reciprocity," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 159-181, Summer.
- Ernst Fehr & Simon Gaechter, . "Fairness and Retaliation: The Economics of Reciprocitys," IEW - Working Papers 040, Institute for Empirical Research in Economics - University of Zurich.
- Frey, Bruno S. & Eichenberger, Reiner, 1994. "Economic incentives transform psychological anomalies," Journal of Economic Behavior & Organization, Elsevier, vol. 23(2), pages 215-234, March.
- Heinemann, Friedrich & Janeba, Eckhard, 2007. "The Globalization of Tax Policy: What German Politicians Believe," ZEW Discussion Papers 07-057, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Gruner, Hans Peter, 2002. " Unemployment and Labor-Market Reform: A Contract Theoretic Approach," Scandinavian Journal of Economics, Wiley Blackwell, vol. 104(4), pages 641-56, December.
- Pitlik, Hans & Wirth, Steffen, 2003. "Do crises promote the extent of economic liberalization?: an empirical test," European Journal of Political Economy, Elsevier, vol. 19(3), pages 565-581, September.
- Daniel Kahneman & Alan B. Krueger, 2006. "Developments in the Measurement of Subjective Well-Being," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 3-24, Winter.
- Daniel Kahneman & Richard H. Thaler, 2006. "Anomalies: Utility Maximization and Experienced Utility," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 221-234, Winter.
- Kahneman, Daniel & Tversky, Amos, 1979.
"Prospect Theory: An Analysis of Decision under Risk,"
Econometric Society, vol. 47(2), pages 263-91, March.
- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
- Heinemann, Friedrich, 2000. "Die Psychologie irrationaler Wirtschaftspolitik am Beispiel des Reformstaus," ZEW Discussion Papers 00-12, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Heinemann, Friedrich, 2004. "Explaining Reform Deadlocks," ZEW Discussion Papers 04-39, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135.
When requesting a correction, please mention this item's handle: RePEc:bla:perwir:v:9:y:2008:i:4:p:383-404. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.