The Psychology of Paying Taxes

EPISODE OVERVIEW Wharton professor Alex Reese-Jones discusses the psychological factors influencing tax behavior, including loss aversion. He explains how individuals are more motivated to minimize tax losses than to maximize gains, impacting tax compliance, deductions, and avoidance. Reese-Jones also highlights the broader implications of behavioral economics in tax policy, emphasizing the role of psychology in shaping financial decision-making and government revenue collection.

PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.

Learn more at http://whr.tn/rippleeffect.

#taxes #taxpolicy #policy #publicpolicy  ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.

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