Tuesday, November 10, 2009

Q6 Fall 2009: Do you need a nudge?

Q6 Fall 2009: Do you need a nudge?: "Richard Thaler outlines how principles from behavioral economics can help policymakers — and managers — achieve better outcomes.Q: Could you explain some of the key ideas in Nudge: nudges, choice architecture, and libertarian paternalism?'Libertarian paternalism' suggests that these two seemingly contradictory terms can actually define a non-contradictory and

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