Exploring the potential negative impact of nudging in Behavioral Economics, including concerns about being patronizing and its limitations, with examples like default 401k enrollments. The discussion delves into the blurred boundary between helpful nudges and intrusive 'big brother' tactics, alongside non-controversial nudge examples.
Professor, Mathematician and Writer John A. Paulos joins the show to discuss math education, the power of puzzles, cognitive biases, and MUCH more!
Important Links:
Show Notes:
- Why Do People Hate Math?
- The Power of Posing Problems with Counterintuitive or Shocking Results
- Using Everyday Examples to Understand Math Concepts
- Systems Designed to Take Advantage of Innumeracy
- People’s Ignorance of Randomness and Random Samples
- The Strange Power of Anchoring Bias
- Tradeoffs between Probability and Plausibility
- The Prisoner’s Dilemma & Math Anxiety
- Improving the Monty Hall Problem
- Designing an Ideal Intro Math Course
- The Big Brother Aspect of Nudging
- John as Emperor of the World
- MORE!
Books Mentioned: