Description
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.
Contributor(s): President Dmitry Anatolyevich Medvedev | Dmitry Anatolyevich Medvedev was elected President of the Russian Federation in March 2008. In November 2005 he was elected First Deputy Prime Minister, previous to this he was Chief of Staff of the Presidential Executive Office.
Published 04/02/09
Contributor(s): President Dmitry Anatolyevich Medvedev | Dmitry Anatolyevich Medvedev was elected President of the Russian Federation in March 2008. In November 2005 he was elected First Deputy Prime Minister, previous to this he was Chief of Staff of the Presidential Executive Office.
Published 04/02/09
Contributor(s): Professor Peter Singer | We live in a world of great affluence as well as extreme poverty, and in which the rich nations play a disproportionate role in changing the planet's climate, from which the poor will suffer most. What values would best guide us to a more just and...
Published 04/01/09