Interventions, Nudges, and Decisions
Lecture no. 24 from the course: Behavioral Economics: When Psychology and Economics Collide
Taught by Professor Scott Huettel | 31 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Conclude with a look at how leaders and policymakers can shape other people’s decisions. Consider five core approaches to influencing beneficial decisions, and a key policy model that fosters people’s well-being while maintaining their autonomy. Reflect on both ethical concerns about the scientific study of decision making and its real potential to improve lives.