Now that pondering is wanting overrated, as is the concept individuals can or needs to be tricked into making higher selections when confronted with threat. Behavioral economics went too far, was oversold, misused and abused. However it’s not irredeemable. Amongst many different classes, the pandemic has made it clear that as an alternative of goading individuals into sure habits, we’re higher off utilizing the identical insights to assist individuals make higher decisions for themselves.
https://www.washingtonpost.com/enterprise/behavioral-economics-doesnt-have-to-be-a-total-loss/2021/08/27/ee38eeac-072a-11ec-b3c4-c462b1edcfc8_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Behavioral Economics Doesn’t Need to Be a Complete Loss