Plans held within our own head don't seem to mean that much. I have had tons of plans to get things done around the house, to stop snacking on baked goods, and to read more, but I often find the time ticking by while I waste time reading news stories that don't mean much to … Continue reading Facilitating Behaviors
Tag: Nudge
The Mere Measurement Effect
I listen to a lot of politics and policy podcasts, and one thing I learned over the last few years is that asking people to vote and encouraging them to vote isn't very effective. What is effective, is asking people how they plan to vote. If you ask someone where their polling place is, how … Continue reading The Mere Measurement Effect
Predictable Outcomes
"In many domains people are tempted to think, after the fact, that an outcome was entirely predictable, and that the success of a musician, an actor, an author, or a politician was inevitable in light of his or her skills and characteristics. Beware of that temptation. Small interventions and even coincidences, at a key stage, … Continue reading Predictable Outcomes
Confident Nudges & Strong Opinions
Cass Sunstein and Richard Thaler describe an experiment in their book Nudge where people were placed in a group in a dark room with a small point of light. Due to an illusion with the brain processing visual information, the small point of light appears to move slightly, even though it is stationary. The lead … Continue reading Confident Nudges & Strong Opinions
Nudges for Unrealistic Optimism
Our society makes fun of the unrealistic optimist all the time, but the reality is that most of us are unreasonably optimistic in many aspects of our life. We might not all believe that we are going to receive a financial windfall this month, that our favorite sports team will go from losing almost all … Continue reading Nudges for Unrealistic Optimism
Nudges Versus Regulation
"Libertarian paternalism, we think, is a promising foundation for bipartisanship." Write Cass Sunstein and Richard Thaler in their book Nudge. The authors are in favor of a governance structure that does not eliminate choice and possibility for people in the world. They are in favor of a system that allows flexibility for the people who … Continue reading Nudges Versus Regulation
Nudges Are Unavoidable
American capitalism makes a mistake in assuming that people have all the information they need to make a rational choice. As anyone who has ever purchased a car knows, consumers do not always have all the valuable information they need to make a good decision in an exchange, and often, one party has far more … Continue reading Nudges Are Unavoidable
Paternalistic Nudges
In their book Nudge, Cass Sunstein and Richard Thaler argue in favor of libertarian paternalism. Their argument is that our world is complex and interconnected, and it is impossible for people to truly make decisions on their own. Not only is it impossible for people to simply make their own decisions, it is impossible for … Continue reading Paternalistic Nudges
The Power of Inertia
For Richard Thaler and Cass Sunstein, inertia plays a critical role in the idea of using nudges to influence people toward making good decisions. Particularly in regard to default choices, inertia matters a lot. People accept defaults, and making any change, whether it is trivial, important, time consuming, or very simple, is stubbornly resisted by … Continue reading The Power of Inertia