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maxycat 's review for:
Nudge: Improving Decisions about Health, Wealth, and Happiness
by Richard H. Thaler, Cass R. Sunstein
Thaler and Sunstein propose the Nudge as a outcome focused policy tool for governments, private firms and individuals. Basically they unpack the flaws built into mainstream economic thinking with a behavioural economics lense. Humans are perfectly self interested without satiation of consuming any good. Stupid.
So they theorise how a system of paternalist libertarian nudges can help people reach better outcomes. Basically it’s a system of choice in which the least powerful and least knowledgeable person can be nudged to their own benefit.
Interesting and well written.
So they theorise how a system of paternalist libertarian nudges can help people reach better outcomes. Basically it’s a system of choice in which the least powerful and least knowledgeable person can be nudged to their own benefit.
Interesting and well written.