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The problem with traditional economic models of choice -- How behavioral economics makes the same mistakes -- How behavioral economics met law and economics and begat nudge -- Why nudges can't do what they promise -- Why nudges are unethical -- All nudges are not created equal -- Why choice...
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This timely book makes a forceful argument that the analyses from behavioral economists are incomplete, the policies advocated by libertarian paternalists are misguided and unethical, and both actually reinforce the cognitive biases and dysfunctions that motivate 'nudges' in the first place. In...
Persistent link: https://www.econbiz.de/10012106389
Economics is often described as the science of choice, but the typical economic agent in fact has no choice - his decisions are made for him by his preferences and constraints. This may be sufficient for normative purposes, demonstrating how agents "should" make choices if they want to adhere to...
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