Tag Archives: behavioral economics

Libertarian Paternalism – W16.2

The notion of libertarian paternalism entered broader public consciousness with the publication of the book Nudge by Thaler and Sunstein (Yale UP, 2008). Grounding their ideas in the emerging field of behavioral economics, the authors described a mechanism for the … Continue reading

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Instant gratification

If you offer a child the choice between having one cookie today or two cookies tomorrow, chances are the child will select to have one cookie today. However, if you offer the child a choice between having one cookie one … Continue reading

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