Showing 141 - 143 of 143
In 2008, the behavioral economist Richard Thaler and the legal scholar Cass Sunstein published a book in which they advocated a novel approach to public policy based on the notion of a ‘nudge’. Roughly speaking, a nudge is an intervention in the decisional context that steers people’s...
Persistent link: https://www.econbiz.de/10013235752
We argue that the diverse components of a choice architecture can be classified into two main dimensions – Message and Environment – and that the distinction between them is useful to better understand how nudges work. In the first part of the paper, we define what we mean by nudge, explain...
Persistent link: https://www.econbiz.de/10013251787
Persistent link: https://www.econbiz.de/10010175053