Inter-American Development Bank (IDB): “How do you keep people from gathering with friends and family during a pandemic? How do you improve school attendance among preschoolers? How do you make sure taxpayers pay their fair share? These are some of the questions researchers seek to solve so countries can continue to grow and prosper. Many issues come down to human behavior and how the right policy tools can nudge people into doing things that will benefit themselves and society. A new repository collects these tools and the lessons learned from behavioral interventions in Latin America and the Caribbean, making them available for policymakers across the region and beyond.
For nearly a decade, the Inter-American Development Bank (IDB) has been working with local and national governments in the region to advance knowledge and expertise on individual and collective decision-making. The goal is to address biases that guide people’s behavior in detrimental ways. By designing strategies to correct them, we can help people make wiser choices in areas that range from education and savings to health, tax compliance, and labor markets….
To collect our findings and make the lessons we learned over the years available to policymakers and researchers, we recently created the largest online repository of quantitative behavioral economics field experiments conducted in Latin America and the Caribbean. The repository is aimed specifically at policymakers and is available in Spanish and English….(More)”.