In 2008, an economist and a law professor proposed a radical new approach to politics: Telling people not to do bad stuff.Support us on Patreon: https://www.patreon.com/IfBooksPodWhere to find us: TwitterPeter's other podcast, 5-4Mike's other podcast, Maintenance PhaseSources:Mike's Maintenance Phase episode on the godfather of the "cafeteria nudge"Nudge: Concept, Effectiveness, and EthicsFrom mechanism to virtue: Evaluating Nudge theoryThe effectiveness of nudging: A meta-analysis of choice architecture interventions across behavioral domainsWhy the Most Important Idea in Behavioral Decision-Making Is a FallacyBehavioral WinterWhy Is Behavioral Economics So Popular?The Origins of Anti-Litter CampaignsDo Normative Appeals Affect Tax Compliance? Evidence from a Controlled Experiment in MinnesotaOpt-out legislations: the mysterious viability of the falseOpt-out policies capacity to increase organ donors is limitedAssessing Global Organ Donation Policies: Opt-In vs Opt-OutWhat Counts as a Nudge?Preventing Secondary Pregnancy In Adolescents: A Model ProgramThe Effect of Monetary Incentives and Peer Support Groups on Repeat Adolescent Pregnancies A Randomized Trial of the Dollar-a-Day ProgramThe i-frame and the s-frame: How focusing on individual-level solutions has led behavioral public policy astrayCan behavioural economics make us healthier?On the Supposed Evidence for Libertarian PaternalismThanks to Mindseye for our theme song!
Peter and Michael discuss the book "Nudge" and the concept of choice architecture and how small design choices can influence people's behavior without taking away their freedom of choice.
The podcast discusses how our choices are influenced by invisible structures all the time, and how we're led towards various decisions. The hosts explore the good side of this phenomenon in the first section of the podcast.
Policymakers should design environments that encourage the choices that people would naturally make for themselves, such as choosing healthy food options, rather than imposing decisions on them. This will ensure better adherence from people to the policy guidelines.
Question order in surveys and polling can have a significant impact on people's responses and preferences, as demonstrated by the correlation between questions about happiness and dating frequency. The order in which questions are asked can be manipulated, intentionally or unintentionally, to achieve desired results.
This episode discusses how nudging people into making small changes may not always translate to significant results, using the example of organ donation rates varying among countries despite similar nudges. The limitations of the concept of nudging are explored in this podcast.
Economist David Gall argues that loss aversion is not a general cognitive bias and cannot be used to explain all loss and gain-related phenomena. He also points out the existence of conformity bias as a more predictable example of irrational behavior.
This podcast explores various examples of how different messaging and interventions impact tax compliance in the United States. It discusses how different messages work for different people and demographics.
By adding trash cans in cities and creating social behavior through various public events and programs, such as Texas' adopt a highway program, anti-littering behavior can be encouraged as a form of civic pride.
Campaigns to encourage people to act in certain ways, such as not smoking or paying taxes on time, are often referred to as "nudges." However, the effectiveness of these campaigns is questionable and defining what constitutes a "nudge" is difficult.
The segment of the market that caters to the poorest and highest risk borrowers is called the subprime market. While some consider subprime loans to be predatory, these higher risk loans provide people a valuable second chance, particularly for better home ownership.
The use of nudges, or small interventions to influence decision-making, may not be enough to adequately address climate change or other significant issues. Command and control regulations may be necessary to promote environmental goals and limit pollution.
Opt-out organ donation system could save thousands of lives, but it requires a complete overhaul and infrastructure. Spain is currently the world leader with a donation rate of nearly 35 donors per million people compared to the United State's bit more than 20 donors per million.
Nudge theory can be useful in a marketing framework, but it falls short when applied to governing because of its insufficient effects in dealing with problems like climate change. Additionally, many of the nudge projects are inconsistent and fail to replicate.