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Hom e > Data & R e se arch > R e se arch > W DR s > W orld De ve lopm e nt R e ... > WDR 2015: A bout the Report
PRICES
(Prices change the attractiveness of a product along a two-dimensional demand curve) Cigarette taxes Subsidized mosquito nets General taxes for environmental cleanup Subsidizing vaccines
PRICES AS ATTRIBUTES
(Prices also affect other attributes of a choice, including its temporal, normative, and symbolic dimensions) Posted bonds not to smoke (b ounded rationality) Free mosquito nets (b ounded rationality) Small symbolic taxes on plastic bags (social norms) Giving away lentils at vaccine sites (cultural categories)
REGULATIONS
(Regulations and legislation are commands that are effective when enforced)
REGULATIONS AS DESIGN
(Regulations also affect the ease, social quality, and meaning of choices)
effective when enforced) Required forms for tuition assistance Mandatory employer-sponsored savings plans Water rationing Letters that tax payments are overdue Electoral rules
meaning of choices) Personalized support with those forms (b ounded rationality) Default enrollment in the savings plan (b ounded rationality) Limiting observable uses of water (social norms) Letters stating that most people pay taxes (social norms) Electoral rules with quotas for women (cultural categories)
INFORMATION
(Information is factual knowledge) Nutrition counseling Financial literacy courses Automobile miles per gallon Household energy consumption bills Messages on clean water to households Family planning flyers
Thus, one way to help people in poverty is to make it simpler for people to make good decisionsto access clean water, enroll their children in school, and open a savings account. Lowering the cognitive taxes associated with access to basic services is another policy idea that the WDR will describe and assess.