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Book Review: Nudge by Richard H. Thaler and Cass S. Sunstein

Book Review: Nudge by Richard H. Thaler and Cass S. Sunstein

A manifesto of libertarian paternalism

978280801762642EBookPlurilingua PublishingNudge wants to help you make better decisions In Nudge, Richard T. Thaler and Cass S. Sunstein explain the fundamentals of libertarian paternalism. According to them, small nudges can be powerful tools for changing individuals’ behavior without taking away their freedom of choice. This clear and detailed summary and analysis is a valuable resource for anyone who wants to understand Thaler and Sunstein’s bestselling book: it features a thorough explanation of the authors’ aims, the main concepts underpinning their work, such as choice architecture, and the contextual background to their work, with a particular focus on the development of the field of behavioral economics. It also provides an introduction to the practical applications of Thaler and Sunstein’s theories, the main criticisms of their ideas and the legacy of their work, giving you everything you need to understand this influential book in just 50 minutes. This accessible and insightful 42-page summary and analysis is structured as follows: Nudge: Improving Decisions About Health, Wealth and Happiness Context The authors: Richard H. Thaler and Cass S. Sunstein Context and background Summary of Nudge Part 1: why do we need libertarian paternalism? Part 2: when do we need libertarian paternalism? Part 3: how do we implement libertarian paternalism? Impact of Nudge Reception Criticisms of Thaler and Sunstein’s approach Legacy Summary About Nudge As its titles suggests, Nudge explores the impact of “nudges”, which enable policymakers to steer the behavior of individuals while respecting their freedom of choice. Through what is known as “choice architecture”, it is possible to subtly encourage people to make certain decisions, which has powerful implications for public policy. About Richard H. Thaler and Cass S. Sunstein Richard H. Thaler is the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2017, he received the Nobel Prize in Economics for his contributions to behavioural economics. Cass S. Sunstein is a professor at Harvard Law School and one of the most frequently cited legal scholars of recent years. He is the recipient of the 2018 Holberg Prize, one of the most prestigious prizes in the social sciences.Nudge wants to help you make better decisions In Nudge, Richard T. Thaler and Cass S. Sunstein explain the fundamentals of libertarian paternalism. According to them, small nudges can be powerful tools for changing individuals’ behavior without taking away their freedom of choice. This clear and detailed summary and analysis is a valuable resource for anyone who wants to understand Thaler and Sunstein’s bestselling book: it features a thorough explanation of the authors’ aims, the main concepts underpinning their work, such as choice architecture, and the contextual background to their work, with a particular focus on the development of the field of behavioral economics. It also provides an introduction to the practical applications of Thaler and Sunstein’s theories, the main criticisms of their ideas and the legacy of their work, giving you everything you need to understand this influential book in just 50 minutes. This accessible and insightful 42-page summary and analysis is structured as follows: Nudge: Improving Decisions About Health, Wealth and Happiness Context The authors: Richard H. Thaler and Cass S. Sunstein Context and background Summary of Nudge Part 1: why do we need libertarian paternalism? Part 2: when do we need libertarian paternalism? Part 3: how do we implement libertarian paternalism? Impact of Nudge Reception Criticisms of Thaler and Sunstein’s approach Legacy Summary About Nudge As its titles suggests, Nudge explores the impact of “nudges”, which enable policymakers to steer the behavior of individuals while respecting their freedom of choice. Through what is known as “choice architecture”, it is possible to subtly encourage people to make certain decisions, which has powerful implications for public policy. About Richard H. Thaler and Cass S. Sunstein Richard H. Thaler is the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2017, he received the Nobel Prize in Economics for his contributions to behavioural economics. Cass S. Sunstein is a professor at Harvard Law School and one of the most frequently cited legal scholars of recent years. He is the recipient of the 2018 Holberg Prize, one of the most prestigious prizes in the social sciences.application/pdf1 decision-making, economic theory, economics, politics
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Nudge wants to help you make better decisions In Nudge, Richard T. Thaler and Cass S. Sunstein explain the fundamentals of libertarian paternalism. According to them, small nudges can be powerful tools for changing individuals’ behavior without taking away their freedom of choice. This clear and detailed summary and analysis is a valuable resource for anyone who wants to understand Thaler and Sunstein’s...
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Nudge wants to help you make better decisions

In Nudge, Richard T. Thaler and Cass S. Sunstein explain the fundamentals of libertarian paternalism. According to them, small nudges can be powerful tools for changing individuals’ behavior without taking away their freedom of choice. This clear and detailed summary and analysis is a valuable resource for anyone who wants to understand Thaler and Sunstein’s bestselling book: it features a thorough explanation of the authors’ aims, the main concepts underpinning their work, such as choice architecture, and the contextual background to their work, with a particular focus on the development of the field of behavioral economics. It also provides an introduction to the practical applications of Thaler and Sunstein’s theories, the main criticisms of their ideas and the legacy of their work, giving you everything you need to understand this influential book in just 50 minutes.

This accessible and insightful 42-page summary and analysis is structured as follows:

  • Nudge: Improving Decisions About Health, Wealth and Happiness
  • Context
    • The authors: Richard H. Thaler and Cass S. Sunstein
    • Context and background
  • Summary of Nudge
    • Part 1: why do we need libertarian paternalism?
    • Part 2: when do we need libertarian paternalism?
    • Part 3: how do we implement libertarian paternalism?
  • Impact of Nudge
    • Reception
    • Criticisms of Thaler and Sunstein’s approach
    • Legacy
  • Summary

About Nudge

As its titles suggests, Nudge explores the impact of “nudges”, which enable policymakers to steer the behavior of individuals while respecting their freedom of choice. Through what is known as “choice architecture”, it is possible to subtly encourage people to make certain decisions, which has powerful implications for public policy.

About Richard H. Thaler and Cass S. Sunstein

Richard H. Thaler is the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2017, he received the Nobel Prize in Economics for his contributions to behavioural economics.

Cass S. Sunstein is a professor at Harvard Law School and one of the most frequently cited legal scholars of recent years. He is the recipient of the 2018 Holberg Prize, one of the most prestigious prizes in the social sciences.

Product details

ISBN

9782808017626

Publisher

Plurilingua Publishing

Series

50MINUTES.COM – Book Review

Format

PDF

Pages

42

File size

2.3 MB