Oman establishes Behavioral Economics Unit - One Oman News

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Saturday, February 15, 2020

Oman establishes Behavioral Economics Unit

Oman’s Supreme Council for Planning (SCP) has established a Behavioral Economics Unit to help decision-makers in the Sultanate factor in scientific evidence on trends in behaviour that could help aid public policy development.



This will serve as Oman’s central unit for behaviourally-informed public policy-making that uses economics and human psychology to improve public policy outcomes, outlined the SCP in a statement on its website.

“The mission is to advance the well-being of the Omani population by improving the effectiveness of public services and individuals’ decision-making,” it added.

The unit is located in the Secretariat General of the Supreme Council for Planning and it aims to:

  • Transfer international knowledge to the unique context of Oman, and find out what works and what doesn’t by conducting rigorous scientific approaches.
  • Build the capability of Oman’s public sector to apply behavioural insights through training and practice.
  • Host events with leading figures in behavioural economics and policy practitioners.
  • Contribute to the Arab body of behavioural insights to advance regional knowledge.

 

 

The post Oman establishes Behavioral Economics Unit appeared first on Y Magazine. Y - Pulse of Oman. All rights reserved. 2014. https://www.y-oman.com



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