Nudge: Improving Decisions About Health, Wealth and Happiness

Nudge: Improving Decisions About Health, Wealth and Happiness

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By (author) Richard H. Thaler, By (author) Cass R. Sunstein

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  • Publisher: Penguin USA
  • Format: Paperback | 312 pages
  • Dimensions: 137mm x 213mm x 23mm | 272g
  • Publication date: 1 March 2009
  • Publication City/Country: New York
  • ISBN 10: 014311526X
  • ISBN 13: 9780143115267
  • Edition statement: Updated
  • Illustrations note: black & white illustrations
  • Sales rank: 5,518

Product description

For fans of Malcolm Gladwell s"Blink"and Nobel Prize winner Daniel Kahneman s"Thinking Fast and Slow," a revelatory new look at how we make decisions More than 750,000 copies sold A"New York Times"bestseller An"Economist"Best Book of the Year A"Financial Times"Best Book of the Year "Nudge" is about choices how we make them and how we can make better ones. Drawing on decades of research in the fields of behavioral science and economics, authors Richard H. Thaler and Cass R. Sunstein offer a new perspective on preventing the countless mistakes we make ill-advised personal investments, consumption of unhealthy foods, neglect of our natural resources and show us how sensible choice architecture can successfully nudge people toward the best decisions. In the tradition of "The Tipping Point "and "Freakonomics," "Nudge "is straightforward, informative, and entertaining a must-read for anyone interested in our individual and collective well-being."

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Author information

Richard H. Thaler, a pioneer in the fields of behavioral economics and finance, is the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago s Booth School of Business, where he is the director of the Center for Decision Research. He is also the co-director (with Robert Shiller) of the Behavioral Economics Project at the National Bureau of Economic Research and the 2015 President of the American Economic Association. He has been published in several prominent journals and is the author of a number of books, including ""Misbehaving: The Making of Behavioral Economics"." Cass R. Sunstein is the Robert Walmsley University Professor at Harvard Law School, where he is the founder and director of the Program on Behavioral Economics and Public Policy. He is by far the most cited law professor in the United States. From 2009 to 2012 he served in the Obama administration as Administrator of the White House Office of Information and Regulatory Affairs. He has testified before congressional committees, appeared on national television and radio shows, been involved in constitution-making and law reform activities in a number of nations, and written many articles and books, including ""Simpler: The Future of Government "and "Wiser: Getting Beyond Groupthink to Make Groups Smarter."""

Review quote

"Fundamentally changes the way I think about the world. . . . Academics aren't supposed to be able to write this well." Steven Levitt, co-author of "Freakonomics " "[An] utterly brilliant book. . . . "Nudge" won't nudge you-it will knock you off your feet." Daniel Gilbert, author of "Stumbling on Happiness " ""Nudge" is as important a book as any I've read in perhaps twenty years. It is a book that people interested in any aspect of public policy should read. It is a book that people interested in politics should read. It is a book that people interested in ideas about human freedom should read. It is a book that people interested in promoting human welfare should read. If you're not interested in any of these topics, you can read something else." Barry Schwartz, "The American Prospect " "This book is terrific. It will change the way you think, not only about the world around you and some of its bigger problems, but also about yourself." Michael Lewis, author of "Moneyball""

Table of contents

NudgeAcknowledgments Introduction Part I: Humans and Econs 1. Biases and Blunders 2. Resisting Temptation 3. Following the Herd 4.When Do We Need a Nudge? 5. Choice Architecture Part II: Money 6. Save More Tomorrow 7. Naive Investing 8. Credit Markets 9. Privatizing Social Security: Smorgasbord Style Part III: Health 10. Prescription Drugs: Part D for Daunting 11. How to Increase Organ Donations 12. Saving the Planet Part IV: Freedom 13. Improving School Choices 14. Should Patients Be Forced to Buy Lottery Tickets? 15. Privatizing Marriage Part V: Extensions and Objections 16. A Dozen Nudges 17. Objections 18. The Real Third Way 19. Bonus Chapter: Twenty More Nudges Postscript: November 2008 Notes Bibliography Index