Evidence-Based Public Policy: How to Reveal Preferences of Youth Regarding Housing and Urban Mobility?
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Abstract
In Slovakia (and probably in whole Europe), there is very little to no data available on the preferences of young people that would help to form an evidence-based policy in the areas of housing and commuting to work (urban mobility). Suburbs and adjacent urban areas represent another housing option that is neither urban nor rural. Suburban living has become a real alternative to a small town or urban environment. Commuting to work is not about distance (number of km), but about time (hours spent commuting). Moreover, COVID-19 and home office fundamentally changed preferences about housing, employment and mobility. No preference can be precisely quantified when assessing young people's ideas about their future lives. In such a situation, it is difficult to create a test that measures preference based on an action. To circumvent this problem, the knowledge of behavioral economics can be used. Behavioral economics focuses on individuals with limited rationality, revealing what really influences their decisions and actions. This paper provides bibliometric analysis on employing methods of behavioral economics in revealing young people´s preferences.
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