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Audio and pdf files from LSE's spring 2009 programme of public lectures and events.
Nudge: improving decisions about health, wealth and happiness
Spring 2009 | Public lectures and events | Audio and pdf
1 hour 15 minutes 52 seconds
16 years ago
Nudge: improving decisions about health, wealth and happiness
Contributor(s): Professor Richard Thaler | Standard economic analyses rely on an unrealistic model of human behaviour in which economic agents are hyperrational robots. Modern behavioural economics takes a more realistic approach and assumes that economics agents are humans, who sometimes forget where they put their keys, panic in the face of economic volatility, and are growing more obese by the day. The theme of Nudge is that it is possible to help such humans make better choices without taking away their freedoms, just by giving them a gentle nudge. The financial crisis of 2008 makes the message of Nudge more relevant than ever, both in determining how we got into this mess, how we can get out, and how we can prevent another crisis.
Spring 2009 | Public lectures and events | Audio and pdf
Audio and pdf files from LSE's spring 2009 programme of public lectures and events.