
Business Weekly: Nudge Theory and How to Change Behaviours with Richard Thaler
Intelligence Squared
00:00
Nudging for Change: Behavioral Economics in Action
This chapter explores the intricate dynamics of choice architecture and nudging within behavioral economics, emphasizing their relevance in tackling societal issues like climate change and public health. It highlights the combined necessity of behavioral nudges alongside robust policies like carbon taxes and vaccination mandates to drive meaningful change. The discussion also addresses the challenges of fairness in global emissions responsibility and the varying effectiveness of nudges in overcoming vaccine hesitancy.
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