Dr Ganga Shreedhar and Prof Liam Delaney

This course is available on the Executive MSc in Behavioural Science. This course is not available as an outside option.

This course is one of two options.

Course description:

This course aims to introduce students to the main concepts and tools of behavioural policy evaluation and appraisal, and yield insight into key moral and political values, and trade-offs, essential for policy-makers when they draw on behavioural science. The course offers practical examples and applications to key policy sectors, such as environment, technology, health, and infrastructure.

The course covers the following topics:

1. Behavioural policy tools, their rationale and assumptions

2. Policy evaluation tools, their rationale and assumptions (e.g. impact evaluation)

3. Policy appraisal tools, their rationale and assumptions (e.g. cost-benefit analysis for market and non-market goods) & adjustments (e.g. time discounting, optimism, risk and uncertainty);

4. Elicitation of social values through revealed and stated preference methods;

5. Welfare and subjective wellbeing analysis of policy interventions;

6. Ethical challenges and tools (e.g. FORGOOD framework).

Learning outcomes

1. Students will be able to articulate the key behavioural policy appraisal and evaluation tools for the appraisal of projects, policies, programmes and regulations applied to key domains (e.g. health and environment), along with their underlying ethical frameworks.

2. Students will be able to critically assess the core appraisal methods, the underlying theories and their assumptions, and discuss the evidence that supports or casts doubt on those methods and theories, and their relative strengths and weaknesses.

3. Students will be able to perform statistical analysis to evaluate policy outcomes and critically appraise the quality of the evidence generated through these techniques.

4. Students will be able to critically appraise the underlying ethical and moral problems associated with libertarian paternalism, its links to other policy mechanisms (like campaigns, regulation, taxation).

This course is delivered through a combination of lectures and seminars totalling a minimum of 20 hours in the WT.

Students will be expected to produce 1 piece of coursework in the WT.

The formative assessment will be an outline proposal to undertake a policy appraisal in an area of your choice.

• Loewenstein, G., & Chater, N. (2017). Putting nudges in perspective. Behavioural Public Policy, 1(1), 26.

• HM Treasury (2020) The Green Book: Appraisal and policy evaluation in central government. London, UK.

• HM Treasury (2020) The Magenta Book: HM Treasury (2020) The Green Book: Appraisal and policy evaluation in central government. London, UK.

• Sunstein, Cass R. (2018). The cost-benefit revolution. MIT Press. USA.

• Bishop, R.C. et al. (2017). "Pulling a value on injuries to natural assets: The BP oil spill. Science, 356 (6335): 253-254.

• Dolan P. & Kahneman D. (2008) "Interpretations of utility and their implications for the valuation of health". Economic Journal, 118, 215-234.

• Dolan, P. & Metcalfe, R. (2012) "Measuring subjective wellbeing: recommendations on measures for use by national governments". Journal of social policy, 41 (2), pp. 409-427.

• Sunstein, C. R. (2015). The ethics of nudging. Yale Journal on Regulation, 32(2), 413-450.

• Lades, L.K. and Delaney, L. (2020). Nudge FORGOOD . Behavioural Public Policy. 1-20.

Coursework (100%, 4000 words) in the WT.

The summative assessment will be a detailed proposal (which can be based on the formative).