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Double-edged nudges? micro-foundations to behavioural interventions and their spillover effects

Picard, Julien - 2021

criteria is to maximise their direct effects. In this model individuals decide to consume for a given motive (e.g., eating less … meat for the environment) based on other decisions undertaken for the same motive (e.g., buying organic food for the … motive they are undertaken for. When they perceive these decisions as substitutable, nudges triggering a preference for …

Persistent link: https://www.econbiz.de/10013246178

A Review of Nudges : Definitions, Justifications, Effectiveness

Congiu, Luca; Moscati, Ivan - 2021

In 2008, the behavioral economist Richard Thaler and the legal scholar Cass Sunstein published a book in which they advocated a novel approach to public policy based on the notion of a ‘nudge’. Roughly speaking, a nudge is an intervention in the decisional context that steers people’s...

Persistent link: https://www.econbiz.de/10013235752

No Evidence That Distracted People are Easier to Nudge. An Experiment on the Interaction of Cognitive Scarcity and Defaults in a Public Goods Game

Bruns, Hendrik - 2019

Policymakers discuss nudges as instruments to foster individual public good contributions. Contrary to the original aim of nudges, which is to improve decision outcomes for the individual, pro-social nudges aim to improve the social outcomes of individual behavior. This can potentially result in...

Persistent link: https://www.econbiz.de/10012866981

Incentives and intertemporal behavioral spillovers : a two-period experiment on charitable giving

Alt, Marius; Gallier, Carlo - 2021 - This version: January, 2021

We test whether and, if so, how incentives to promote pro-social behavior affect the extent to which it spills over to subsequent charitable giving. To do so, we conduct a two-period artefactual field experiment to study repeated donation decisions of more than 700 participants. We vary how...

Persistent link: https://www.econbiz.de/10012430934

The double dividend of attention-releasing policies

Altmann, Steffen; Grunewald, Andreas; Radbruch, Jonas - 2024

We study the effects of two widely observed behavioral policy interventions⸻the simplification of complex decisions and the implementation of high-quality defaults. Based on a laboratory experiment featuring a dual-task paradigm, we demonstrate that these policies do not only improve decisions...

Persistent link: https://www.econbiz.de/10014517962

Notes on behavioral economics and labor market policy

Babcock, Linda; Congdon, William; Katz, Lawrence; … - In: IZA Journal of Labor Policy 1 (2012) 1, pp. 1-14

Labor market policies succeed or fail at least in part depending on how well they reflect or account for behavioral responses. Insights from behavioral economics, which allow for realistic deviations from standard economic assumptions about behavior, have consequences for the design and...

Persistent link: https://www.econbiz.de/10010846135

Household Waste Recycling: Economics and Policy

Kirakozian, Ankinée - Groupe de REcherche en Droit, Économie, Gestion … - 2015

This paper provides a review of economic studies that analyse the use of multiple policies to cope with waste management problems. In this paper, we discuss the factors that influence selective sorting behaviour and the most appropriate policies for their promotion. The evolution of regulation...

Persistent link: https://www.econbiz.de/10011147844

Complexity and Smart Nudges with Inattentive Consumers

Sitzia, Stefania; Zheng, Jiwei; Zizzo, Daniel John - 2014

In an experiment on markets for services, we find that consumers are likely to stick to defaults and achieve suboptimal outcomes. We unpack two key psychological reasons why they do this - complexity (in terms of non-linearity, number and bundling of tariffs) and consumer inattention. The...

Persistent link: https://www.econbiz.de/10014163427

Informational Requirements of Nudging

Benkert, Jean-Michel; Netzer, Nick - 2016

A nudge is a paternalistic government intervention that attempts to improve choices by changing the framing of a decision problem. We propose a welfare- theoretic foundation for nudging similar in spirit to the classical revealed preference approach, by investigating a model where preferences...

Persistent link: https://www.econbiz.de/10014136221

Nudges and Welfare : Optimal Behavioural Policy with Decision Costs

Chesterley, Nicholas - 2015

The complexity of the modern world imposes significant cognitive and material costs on consumers. This paper models decision costs to better describe and understand the effects of behavioural policy, and finds that, similar to traditional economic policy, behavioural policies can create welfare...

Persistent link: https://www.econbiz.de/10013027871