Small business response to regulation: incorporating a behavioral perspective
We already know that behavioral economics can be applied to any area of our lives. Because of this discipline’s rising, we see more and more analysis each time according to its perspective, public policy issues included. Therefore, studies have been carried out around the world at different levels of government to find out how to incorporate the concept and theories of behavioral economics into political decisions. Nevertheless, there is a crucial group for whom not enough resources have been allocated. We refer to those who must comply, personally, with the regulations of public policies: small businesses, but also schools or hospitals, among others. ….[READ]
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