Babcock, Linda; Congdon, William J.; Katz, Lawrence F.; … - In: IZA Journal of Labor Policy 1 (2012), pp. 1-14
responses. Insights from behavioral economics, which allow for realistic deviations from standard economic assumptions about … behavior, have consequences for the design and functioning of labor market policies. We review key implications of behavioral … economics related to procrastination, difficulties in dealing with complexity, and potentially biased labor market expectations …