• Discouraging consumption of sin goods – taxes versus nudges | with Dmitry Taubinsky

  • Mar 25 2024
  • Length: 37 mins
  • Podcast
Discouraging consumption of sin goods – taxes versus nudges | with Dmitry Taubinsky By cover art

Discouraging consumption of sin goods – taxes versus nudges | with Dmitry Taubinsky

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  • Summary

  • In this episode, we explore with Dmitry Taubinsky economic approaches on regulating sin goods such as alcohol or sugary beverages. We discuss the classical approach of taxation and Dmitry compares the approach to nudging approaches. Our discussion leads us into many further economic details: From externalities and internalities, over the question who bears the tax burden to the price elasticity of demand. Dmitry explains to us, why these effects are relevant, how they relate to each other and how they also affect the optimal taxation.

    Dmitry Taubinsky is an associate professor of economics at UC Berkeley and a research associate at the NBER. His research interests include Behavioral Economics and Public Economics with a special focus on the intersection of both fields using a combination of theory, experiments, and surveys as methods for the analysis of his research questions. His papers referenced in the podcast on sin taxes and nudging can be found here and here.
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