What does a decade of attention to Choice Architecture in policy tell us about the effectiveness of interventions? Are some types of intervention more effective than others? Are choice architecture interventions more effective in some behavioural domains than others? In this blog the authors of a recent meta-analysis of the behavioural public policy literature covering past interventions reflect on their findings looking at the variations in effects and on publication bias in the choice architecture literature. They argue that regardless of absolute effect sizes, which need to be treated with some caution, the meta-analysis may be useful to guide policymakers in choices between types of interventions. … More Behaviour Change through Choice Architecture: Where do we stand?
In the blog Sanchayan Banerjee & Peter John overcome nostalgia for “nudge plus” and herald the new dawn of Nudge+. Is this a more distinctive depiction of the research agenda encouraging people to reflect on the choices they face? Does it more successfully stress the link to the “nudge” yet transform it with its subliminal radicalism? The authors deliberate and decide. … More To Nudge Plus or Nudge+ A dilemma
It is tempting to justify contrasting standards with regard to public acceptance of nudges between developed and developing country contexts. This is a slippery slope that has, in the past, led to harmful interventions. As behavioural tools become more widely used there is a need to re-examine these issues. Public acceptance may seem like a difficult litmus test in some countries, but failure may simply indicate that policymakers are trying to change too much, too fast. Creating demand for behaviour change is an important first step. … More Nudge acceptance in Developing Countries: Ethical (or Unnecessary) Litmus Test?
Economics is often described as insular from other social sciences. Alexandre Truc shares the results of research mapping thee content of more than 5000 articles and their references. The research reveals fascinating trends and differences between the various clusters of behavioural economic research. This includes a shift towards greater diversity of disciplines involved in behavioural economics, and thus a relative decline in the role for psychology. Nevertheless, the research shows that the rise of behavioural economics has served more generally as a bridge for the psychology into economics. … More Has Behavioural Economics made Economics less insular?
By Richard H. Thaler – University of Chicago
When the editors of this journal asked me to write a commentary on a new paper by George Loewenstein and Nick Chater I did not expect that I would have anything useful to say. After all, I have known George for longer than we would care to admit, and we mostly share similar worldviews. Nonetheless, after reading their paper, and after trying and failing to sort things out in person, I found myself left with enough differences of opinion that it seemed worth writing something up. With one exception … More Much Ado About Nudging