Opinion | How 'nudge economics' lets companies pass the buck - The Washington Post
peter.suber's bookmarks 2022-05-17
Summary:
"As behavioral finance economists Nick Chater and George Loewenstein write in a recently released working paper, the mass acceptance of behavioral nudges “unwittingly helped promote the interests of corporations who oppose systemic change.”
It’s a hefty charge, but they make it stick....
Chater and Loewenstein note that a number of studies have found that both the knowledge of or taking part in a nudge hack in this area reduces popular support for more stringent regulations or action...."