Posts Tagged ‘Nudge’

  • With universal healthcare, improved health could come at the expense of free choice.

    Do You Want a Healthcare Nudge?

    Aug 18, 14 • 256 Views • No Comments

    Primarily for fiscal reasons, in Japan, most 40-74 year olds get their waist size checked each year. A part of the required annual physical exams from local government or employers, waist size is monitored because an obese population can be expensive. It all...  [read more]

  • As a Pigovian tax, the carbon tax generates good behavior and revenue but is controversial.

    Could You Like a Carbon Tax?

    Jun 18, 14 • 498 Views • No Comments

    Our Wednesday environment focus Here is my “To Do” list for reducing carbon emissions: Buy a Prius. Install solar panels. Take the train to NYC. Lower my thermostat to 60 degrees during the winter. Raise my AC thermostat to 78 during the summer....  [read more]

  • A simple and efficient way to do income taxes

    The Reason For An Income Tax Default (Form)

    Apr 25, 14 • 587 Views • No Comments

    In Denmark, the government automatically prepares people’s taxes. Because they already have the data they need, the tax authority calculates everyone’s income taxes and sends them notice of how much they owe or will receive as a refund. With 80%...  [read more]

  • Beer, Incentive and Choice Architecture

    Using Beer as an Incentive

    Nov 22, 13 • 359 Views • No Comments

    Reading about how a group in Amsterdam solved a public disturbance problem, I immediately thought about choice architecture. In Nudge, a Harvard Law Professor, Cass Sunstein, and a University of Chicago economist, Richard Thaler, suggest that choice...  [read more]

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    The Market System: Defaults and Decisions

    Jul 18, 13 • 262 Views • No Comments

    Coffee: At Starbucks, I order a Grande West Java Black Eye Clover in a Vente cup. My drink requires 4 decisions. Software: Downloading software, don’t you just check the default package rather than selecting from a customized list of alternatives?...  [read more]