Nudge

Nudge
Author: Richard H. Thaler,Cass R. Sunstein
Publsiher: Yale University Press
Total Pages: 293
Release: 2008
ISBN 10: 0300146817
ISBN 13: 9780300146813
Language: EN, FR, DE, ES & NL

Nudge Book Review:

Thaler and Sunstein offer a groundbreaking discussion of how to apply the science of choice to nudge people toward decisions that can improve their lives without restricting their freedom of choice.

Nudge

Nudge
Author: Richard H. Thaler,Cass R. Sunstein
Publsiher: Unknown
Total Pages: 305
Release: 2009
ISBN 10: 9780141040011
ISBN 13: 0141040017
Language: EN, FR, DE, ES & NL

Nudge Book Review:

Every day we make decisions: about the things that we buy or the meals we eat; about the investments we make or our children's health and education; even the causes that we champion or the planet itself. Unfortunately, we often choose poorly. We are all susceptible to biases that can lead us to make bad decisions that make us poorer, less healthy and less happy. And, as Thaler and Sunstein show, no choice is ever presented to us in a neutral way. By knowing how people think, we can make it easier for them to choose what is best for them, their families and society. Using dozens of eye-opening examples the authors demonstrate how to nudge us in the right directions, without restricting our freedom of choice. Nudge offers a unique new way of looking at the world for individuals and governments alike.This is one of the most engaging, provocative and important books you will ever read.

Nudge

Nudge
Author: Mark Egan
Publsiher: CRC Press
Total Pages: 96
Release: 2017-07-05
ISBN 10: 1351352563
ISBN 13: 9781351352567
Language: EN, FR, DE, ES & NL

Nudge Book Review:

When it was published in 2008, Richard Thaler and Cass Sunstein’s Nudge: Improving Decisions about Health, Wealth, and Happiness quickly became one of the most influential books in modern economics and politics. Within a short time, it had inspired whole government departments in the US and UK, and others as far afield as Singapore. One of the keys to Nudge’s success is Thaler and Sunstein’s ability to create a detailed and persuasive case for their take on economic decision-making. Nudge is not a book packed with original findings or data; instead it is a careful and systematic synthesis of decades of research into behavioral economics. The discipline challenges much conventional economic thought – which works on the basis that, overall, humans make rational decisions – by focusing instead on the ‘irrational’ cognitive biases that affect our decision making. These seemingly in-built biases mean that certain kinds of economic decision-making are predictably irrational. Thaler and Sunstein prove themselves experts at creating persuasive arguments and dealing effectively with counter-arguments. They conclude that if governments understand these cognitive biases, they can ‘nudge’ us into making better decisions for ourselves. Entertaining as well as smart, Nudge shows the full range of reasoning skills that go into making a persuasive argument.

Misbehaving The Making of Behavioral Economics

Misbehaving  The Making of Behavioral Economics
Author: Richard H. Thaler
Publsiher: W. W. Norton & Company
Total Pages: 432
Release: 2015-05-11
ISBN 10: 0393246779
ISBN 13: 9780393246773
Language: EN, FR, DE, ES & NL

Misbehaving The Making of Behavioral Economics Book Review:

Winner of the Nobel Prize in Economics Get ready to change the way you think about economics. Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans—predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth—and change the way we think about economics, ourselves, and our world. Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments. Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber. Laced with antic stories of Thaler’s spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining. Shortlisted for the Financial Times & McKinsey Business Book of the Year Award

Simpler

Simpler
Author: Cass R. Sunstein
Publsiher: Simon and Schuster
Total Pages: 260
Release: 2013-04-09
ISBN 10: 1476726590
ISBN 13: 9781476726595
Language: EN, FR, DE, ES & NL

Simpler Book Review:

Draws on behavioral psychology and economics to trace U.S. policy changes that reflect smarter and simpler government practices while preserving freedom of choice in areas ranging from mortgages and student loans to food labeling and health care.

The Dark Side of Nudges

The Dark Side of Nudges
Author: Maria Alejandra Madi
Publsiher: Routledge
Total Pages: 108
Release: 2019-06-21
ISBN 10: 0429806469
ISBN 13: 9780429806469
Language: EN, FR, DE, ES & NL

The Dark Side of Nudges Book Review:

The concept of "nudging" has hit news headlines in recent years following the implementation of nudge policies in many parts of the world, the establishment of behavioural policy units in some countries, and the award of the Nobel Prize in Economics to the behavioural economist Richard Thaler in 2017. However, questions remain about whether nudging is an optimal approach to policy-making. This book presents a critical approach to the study of nudging to highlight the foundations, rationale and effects of current policy-making trends in the neoliberal age of behavioural economics. In this provocative book, the author presents a re-examination of the methodological foundations of behavioural economics and its consequences for addressing the deep social and economic policy challenges of our times. It is argued that, although the concept of nudge proposed by Richard Thaler and Cass Sunstein rejects the theorization of economic behaviour under models of strict rationality, nudge policies focus on methodological individualism in economic thinking and economic policy. The complexity of social and economic policy problems of the twenty-first century calls for a revision of our conceptual outlooks, and to increase recognition of the failure of methodological individualism in economics to address the unprecedented social, political, and environmental challenges of globalization. Offering a new take on the epistemological assumptions underlying behaviourally-informed policies, this book will prompt the general public to consider new ideas about the darker side of behavioural economics.

Republic

 Republic
Author: Cass R. Sunstein
Publsiher: Princeton University Press
Total Pages: 328
Release: 2018-04-03
ISBN 10: 1400890527
ISBN 13: 9781400890521
Language: EN, FR, DE, ES & NL

Republic Book Review:

From the New York Times bestselling author of Nudge and The World According to Star Wars, a revealing account of how today's Internet threatens democracy—and what can be done about it As the Internet grows more sophisticated, it is creating new threats to democracy. Social media companies such as Facebook can sort us ever more efficiently into groups of the like-minded, creating echo chambers that amplify our views. It's no accident that on some occasions, people of different political views cannot even understand one another. It's also no surprise that terrorist groups have been able to exploit social media to deadly effect. Welcome to the age of #Republic. In this revealing book, New York Times bestselling author Cass Sunstein shows how today’s Internet is driving political fragmentation, polarization, and even extremism--and what can be done about it. He proposes practical and legal changes to make the Internet friendlier to democratic deliberation, showing that #Republic need not be an ironic term. Rather, it can be a rallying cry for the kind of democracy that citizens of diverse societies need most.

The Ethics of Influence

The Ethics of Influence
Author: Cass R. Sunstein
Publsiher: Cambridge University Press
Total Pages: 234
Release: 2016-08-24
ISBN 10: 1107140706
ISBN 13: 9781107140707
Language: EN, FR, DE, ES & NL

The Ethics of Influence Book Review:

In The Ethics of Influence, Cass R. Sunstein investigates the ethical issues surrounding government nudges, choice architecture, and mandates.

Nudging Health

Nudging Health
Author: I. Glenn Cohen,Holly Fernandez Lynch,Christopher T. Robertson
Publsiher: JHU Press
Total Pages: 361
Release: 2016-12
ISBN 10: 1421421011
ISBN 13: 9781421421018
Language: EN, FR, DE, ES & NL

Nudging Health Book Review:

Behaviorally informed health policy? : patient autonomy, active choosing, and paternalism / Cass R. Sunstein -- Three choice architecture paradigms for healthcare policy / Russell Korobkin -- Can behavioral economics save healthcare reform? / Alan M. Garber -- Seven ways of applying behavioral science to health policy / Michael Hallsworth -- What can PPACA teach us about behavioral law & economics? / David A. Hymen and Thomas S. Ulen -- Bad medicine : does the unique nature of healthcare decisions justify nudges? / Mark D. White -- Nudging and benign manipulation for health / Nir Eyal -- The political morality of nudges in healthcare / Jonathan Gingerich -- An ethical framework for public health nudges: a case study of incentives as nudges for vaccination in rural india / Jennifer Blumenthal-Barby, Zainab Shipchandler, and Julika Kaplan -- Behavioral economics and food policy : the limits of nudging / Andrea Freeman -- Cost-sharing as choice architecture / Christopher T. Robertson -- Using behavioral economics to promote physicians' prescribing of generic drugs and follow-on biologics : what are the issues? / Ameet Sarpatwari, Niteesh K. Choudhry, Jerry Avorn, and Aaron S. Kesselheim -- Towards behaviorally informed policies for consumer credit decisions in self-pay medical markets / Jim Hawkins -- Extrinsic incentives, intrinsic motivation, and motivational crowding-out in health law and policy / Kristin Underhill -- Do financial incentives reduce intrinsic motivation for weight loss? : evidence from two tests of crowding-out / Aditi P. Sen, David Huffman, George Loewenstein, David A. Asch, Jeffrey T. Kullgren, and Kevin G. Volpp -- Affective forecasting in medical decision-making : what do physicians owe their patients? / Jennifer L. Zamzow -- Behavioral economics in the physician-patient relationship : a possible role for mobile devices and small data / Alexander M. Capron and Donna Spruijt-Metz -- The perilous promise of privacy : ironic influences on disclosure of health information / Ester Moher and Khaled El Emam -- Procedural justice by default : addressing medicare's backlog crisis / Matthew J.B. Lawrence -- Measuring the welfare effects of a nudge : a different approach to evaluating the individual mandate / Manisha Padi and Abigail R. Moncrieff -- Better off dead-paternalism and persistent unconsciousness / Sarah Conly -- Improving healthcare decisions through a shared preferences and values approach to surrogate selection / Nina A. Kohn -- Consumer protection in genome sequencing / Barbara J. Evans -- Forced to choose again : the effects of defaults on individuals in terminated health plans / Anna D. Sinaiko and Richard J. Zeckhauser -- Presumed consent to organ donation / David Orentlicher

The Economics of Nudge

The Economics of Nudge
Author: Cass R. Sunstein,Lucia A. Reisch
Publsiher: Unknown
Total Pages: 329
Release: 2017
ISBN 10: 9781138938571
ISBN 13: 1138938572
Language: EN, FR, DE, ES & NL

The Economics of Nudge Book Review:

Life Inc

Life Inc
Author: Douglas Rushkoff
Publsiher: Random House Trade Paperbacks
Total Pages: 347
Release: 2011
ISBN 10: 0812978501
ISBN 13: 9780812978506
Language: EN, FR, DE, ES & NL

Life Inc Book Review:

Cultural theorist Rushkoff reveals how corporations have come to dominate all aspects of life--including our inner lives--and what to do about it. In tracing the roots of corporatism from the Renaissance to today, Rushkoff reveals the way it supplanted social interaction and local commerce and came to be regarded as a pre-existing condition of our world.

How Change Happens

How Change Happens
Author: Cass R. Sunstein
Publsiher: Mit Press
Total Pages: 344
Release: 2020-04-14
ISBN 10: 0262538989
ISBN 13: 9780262538985
Language: EN, FR, DE, ES & NL

How Change Happens Book Review:

How does social change happen? When do social movements take off? Sexual harassment was once something that women had to endure; now a movement has risen up against it. White nationalist sentiments, on the other hand, were largely kept out of mainstream discourse; now there is no shortage of media outlets for them. In this book, with the help of behavioral economics, psychology, and other fields, Cass Sunstein casts a bright new light on how change happens.

Wiser

Wiser
Author: Cass R. Sunstein,Reid Hastie
Publsiher: Harvard Business Press
Total Pages: 252
Release: 2015
ISBN 10: 1422122999
ISBN 13: 9781422122990
Language: EN, FR, DE, ES & NL

Wiser Book Review:

Two experts in business and psychology describe the detrimental effect that groupthink has on decision-making and explain how to combine ideas from management and social sciences to help improve problem-solving through non-deliberative decision-making. 20,000 first printing.

Routledge Handbook of Behavioral Economics

Routledge Handbook of Behavioral Economics
Author: Roger Frantz,Shu-Heng Chen,Kurt Dopfer,Floris Heukelom,Shabnam Mousavi
Publsiher: Routledge
Total Pages: 422
Release: 2016-08-05
ISBN 10: 1317589246
ISBN 13: 9781317589242
Language: EN, FR, DE, ES & NL

Routledge Handbook of Behavioral Economics Book Review:

There is no doubt that behavioral economics is becoming a dominant lens through which we think about economics. Behavioral economics is not a single school of thought but representative of a range of approaches, and uniquely, this volume presents an overview of them. The wide spectrum of international contributors each provides an exploration of a central approach, aspect or topic in behavorial economics. Taken together, the whole volume provides a comprehensive overview of the subject which considers both key developments and future possibilities. Part One presents several different approaches to behavioural economics, including George Katona, Ken Boulding, Harvey Leibenstein, Vernon Smith, Herbert Simon, Gerd Gigerenzer, Daniel Kahneman, and Richard Thaler. This section looks at the origins and development of behavioral economics and compares and contrasts the work of these scholars who have been so influential in making this area so prominent. Part Two presents applications of behavioural economics including nudging; heuristics; emotions and morality; behavioural political economy, education, and economic innovation. The Routledge Handbook of Behavioral Economics is ideal for advanced economics students and faculty who are looking for a complete state-of-the-art overview of this dynamic field.

The Last Mile

The Last Mile
Author: Dilip Soman
Publsiher: University of Toronto Press
Total Pages: 296
Release: 2015-07-27
ISBN 10: 1442616644
ISBN 13: 9781442616646
Language: EN, FR, DE, ES & NL

The Last Mile Book Review:

Most organizations spend much of their effort on the start of the value creation process: namely, creating a strategy, developing new products or services, and analyzing the market. They pay a lot less attention to the end: the crucial “last mile” where consumers come to their website, store, or sales representatives and make a choice. In The Last Mile, Dilip Soman shows how to use insights from behavioral science in order to close that gap. Beginning with an introduction to the last mile problem and the concept of choice architecture, the book takes a deep dive into the psychology of choice, money, and time. It explains how to construct behavioral experiments and understand the data on preferences that they provide. Finally, it provides a range of practical tools with which to overcome common last mile difficulties. The Last Mile helps lay readers not only to understand behavioral science, but to apply its lessons to their own organizations’ last mile problems, whether they work in business, government, or the nonprofit sector. Appealing to anyone who was fascinated by Dan Ariely’s Predictably Irrational, Richard Thaler and Cass Sunstein’s Nudge, or Daniel Kahneman’s Thinking, Fast and Slow but was not sure how those insights could be practically applied, The Last Mile is full of solid, concrete advice on how to put the lessons of behavioral science to work.

Save More Tomorrow

Save More Tomorrow
Author: Shlomo Benartzi
Publsiher: Penguin
Total Pages: 288
Release: 2012-04-12
ISBN 10: 110158033X
ISBN 13: 9781101580332
Language: EN, FR, DE, ES & NL

Save More Tomorrow Book Review:

One of the world’s top experts in behavioral finance offers innovative strategies for improving 401(k) plans. Half of Americans do not have access to a retirement saving plan at their workplace. Of those who do about a third fail to join. And those who do join tend to save too little and often make unwise investment decisions. In short, the 401(k) world is in crisis, and workers need help. Save More Tomorrow provides that help by focusing on the behavioral challenges that led to this crisis inertia, limited self-control, loss aversion, and myopia—and transforms them into behavioral solutions. These solutions, or tools, are based on cutting edge behavioral finance research and they can dramatically improve outcomes by, for example, helping employees: -Save, even if they aren’t ready to do so now, by using future enrollment. -Save more by showing them images of their future selves. -Save smarter by reshuffling the order of funds on the investment menu. Save More Tomorrow is the first comprehensive application of behavioral finance to improve retirement outcomes. It also makes it easy for plan sponsors and their advisers to apply these behavioral tools using its innovative Behavioral Audit process.

Give Yourself a Nudge

Give Yourself a Nudge
Author: Ralph L. Keeney
Publsiher: Cambridge University Press
Total Pages: 274
Release: 2020-04-23
ISBN 10: 1108715621
ISBN 13: 9781108715621
Language: EN, FR, DE, ES & NL

Give Yourself a Nudge Book Review:

Enhancing your decision-making skills to make smarter decisions is the best way you can purposefully improve your life.

Human Agency and Behavioral Economics

Human Agency and Behavioral Economics
Author: Cass R. Sunstein
Publsiher: Springer
Total Pages: 62
Release: 2017-05-26
ISBN 10: 3319558072
ISBN 13: 9783319558073
Language: EN, FR, DE, ES & NL

Human Agency and Behavioral Economics Book Review:

This Palgrave Pivot offers comprehensive evidence about what people actually think of “nudge” policies designed to steer decision makers’ choices in positive directions. The data reveal that people in diverse nations generally favor nudges by strong majorities, with a preference for educative efforts – such as calorie labels - that equip individuals to make the best decisions for their own lives. On the other hand, there are significant arguments for noneducational nudges – such as automatic enrollment in savings plans - as they allow people to devote their scarce time and attention to their most pressing concerns. The decision to use either educative or noneducative nudges raises fundamental questions about human freedom in both theory and practice. Sunstein's findings and analysis offer lessons for those involved in law and policy who are choosing which method to support as the most effective way to encourage lifestyle changes.

Bounce Beckham Serena Mozart and the Science of Success

Bounce  Beckham  Serena  Mozart and the Science of Success
Author: Matthew Syed
Publsiher: Fourth Estate
Total Pages: 272
Release: 2021
ISBN 10: 9780007350551
ISBN 13: 0007350554
Language: EN, FR, DE, ES & NL

Bounce Beckham Serena Mozart and the Science of Success Book Review:

Everyone knows that David Beckham crosses the ball better than anyone else and that Tiger Woods never "chokes". But what are the hidden factors which allow the most successful sports stars to rise above their competitors - and are they shared by virtuosos in other fields? What are the real secrets of sporting success, and what lessons do they offer about life in general? Matthew Syed explains why tiger Woods doesn't "choke", why the best figure skaters are those that have fallen over the most and why one small street in Reading - his own - has produced more top table tennis players than the rest of the country put together. As a three-time Commonwealth table-tennis champion and two-time Olympian, Matthew is perfectly placed to show just what it takes to get to the top in any discipline. And as an award-winning writer for the sports and comment pages of the times - and holder of a prize-winning degree from Oxford University - he knows the facts, the science and the personalities better than anyone. In his book Matt overturns myths and outdated thinking to show "why it is that top sportsmen seem to perceive faster, smarter and deeper than the rest of us." He draws on the latest in neuroscience and psychology to discover why so many top athletes are superstitious, and meets the Hungarian man who turned his daughters into three of the best chess players in history - and explains how. Along the way, he introduces an extraordinary cast of footballers, cricketers, baseball players, speedskaters, scientists and experts - and interviews the East German athlete who became a man, and her husband. Matthew's book is crammed full of fascinating stories and telling studies, insights and statistics, all brought together to make a wonderfully thought-provoking read. Matthew's book is not simply the Freakonomics of sport though - it looks at big questions such as the nature of talent, what kind of practice actually works, how to achieve motivation, drugs in sport (and life) and whether black people really are faster runners. Fresh, ground-breaking and tackling subjects with wide appeal, Matthew's book is sure to be one of the most talked-about of the year.

The Cost Benefit Revolution

The Cost Benefit Revolution
Author: Cass R. Sunstein
Publsiher: Unknown
Total Pages: 288
Release: 2019-09
ISBN 10: 0262538016
ISBN 13: 9780262538015
Language: EN, FR, DE, ES & NL

The Cost Benefit Revolution Book Review:

Why policies should be based on careful consideration of their costs and benefits rather than on intuition, popular opinion, interest groups, and anecdotes. Opinions on government policies vary widely. Some people feel passionately about the child obesity epidemic and support government regulation of sugary drinks. Others argue that people should be able to eat and drink whatever they like. Some people are alarmed about climate change and favor aggressive government intervention. Others don't feel the need for any sort of climate regulation. In The Cost-Benefit Revolution, Cass Sunstein argues our major disagreements really involve facts, not values. It follows that government policy should not be based on public opinion, intuitions, or pressure from interest groups, but on numbers--meaning careful consideration of costs and benefits. Will a policy save one life, or one thousand lives? Will it impose costs on consumers, and if so, will the costs be high or negligible? Will it hurt workers and small businesses, and, if so, precisely how much? As the Obama administration's "regulatory czar," Sunstein knows his subject in both theory and practice. Drawing on behavioral economics and his well-known emphasis on "nudging," he celebrates the cost-benefit revolution in policy making, tracing its defining moments in the Reagan, Clinton, and Obama administrations (and pondering its uncertain future in the Trump administration). He acknowledges that public officials often lack information about costs and benefits, and outlines state-of-the-art techniques for acquiring that information. Policies should make people's lives better. Quantitative cost-benefit analysis, Sunstein argues, is the best available method for making this happen--even if, in the future, new measures of human well-being, also explored in this book, may be better still.