Siddhartha Golu reviewed Nudge by Richard H. Thaler
Review of 'Nudge' on 'Goodreads'
If you've read Thinking Fast and Slow, you've read this book.
312 pages
English language
Published Jan. 4, 2009 by Penguin Books.
4 stars
(2 reviews)
Thaler and Sunstein develop libertarian paternalism as a middle path between command-and-control and strict-neutrality choice architectures. Libertarian paternalism protects humans against their damaging psychological traits (inertia, bounded rationality, undue influence) by exploiting those habits to nudge people into making better choices.
Review of 'Nudge: Improving Decisions About Health, Wealth, and Happiness' on 'Storygraph'
4 stars
It's a good solid book written by economists who clearly point out that most people don't make good economic decisions by default, possibly because they are not "econs" as the book pits it.
Mostly focuses on the goverwmtal programs and health insurance, and is very pragmatic in approach.
Subjects
- Economics -- Psychological aspects
- Choice (Psychology) -- Economic aspects
- Decision making -- Psychological aspects
- Consumer behavior