Nudge: Improving Decisions About Health, Wealth, and Happiness [Expanded Edition] [Unabridged] [Audible Audio Edition]
Author: - ISBN: B001TY8DFA - Language: English - Format: PDF, EPUB
DESCRIPTION
Every day, we make decisions on topics ranging from personal investments to schools for our children to the meals we eat to the causes we champion. Unfortunately, we often choose poorly. The reason, the authors explain, is that, being human, we are all susceptible to various biases that can lead us to blunder.
Our mistakes make us poorer and less healthy; we often make bad decisions involving education, personal finance, health care, mortgages and credit cards, the family, and even the planet itself.
Thaler and Sunstein invite us to enter an alternative world, one that takes our humanness as a given. They show that by knowing how people think, we can design choice environments that make it easier for people to choose what is best for themselves, their families, and their society.
Using colorful examples from the most important aspects of life, Thaler and Sunstein demonstrate how thoughtful "choice architecture" can be established to nudge us in beneficial directions without restricting freedom of choice. Nudge offers a unique new take - from neither the left nor the right - on many hot-button issues, for individuals and governments alike. This is one of the most engaging and provocative audiobooks to come along in many years.
Included in this recording are a bonus chapter and a Postscript that was added in the paperback edition.
DETAILS
- Audible Audio Edition
- Listening Length: 11 hours and 26 minutes
- Program Type: Audiobook
- Version: Unabridged
- Publisher: Gildan Media, LLC
- Audible.com Release Date: February 23, 2009
- Language: English
- ASIN: B001TY8DFA
REVIEWS
157 Reviews Nudge Improving Decisions About Health Wealth and Happiness Kindle edition by Richard H Thaler Cass R Sunstein Download it once and read it on your Kindle Nudge Improving Decisions About Health Wealth and Happiness Richard H Thaler Cass R Sunstein on Amazon com FREE shipping on qualifying offers For Ebooks related to Nudge Improving Decisions About Health Wealth and Happiness Being Successful Things That Successful People Do That You Could Learn From Die Download Nudge Improving Decisions About Health Wealth and Happiness torrent Audio Download millions of torrents with TV series movies music PC Download Nudge Improving Decisions About Health Nudge Improving Decisions About Health Wealth and Happiness Usage policy Downloads Promo Download Nudge Improving Decisions About Health Wealth and Happiness by Richard H Thaler Cass R Sunstein narrated by Sean Pratt digital audio book Get the Nudge Improving Decisions About Health Wealth and Happiness PDF Downlaod All About Nudge Improving Decisions About Health Wealth and HappinessNUDGE Improving Decisions About Health Wealth and Happiness Richard H Thaler Cass R Sunstein Yale University Press New Haven London Improving Decisions About Health Wealth and Happiness eBook Pub author of Stumbling on Happiness Nudge is as important a book as any I 39 ve read in Download Nudge Improving Decisions About Health Wealth and Happiness Expanded Edition by Richard H Thaler Cass R Sunstein narrated by Sean Pratt digital
The good part of this book is that it contains a lot of practical and nonpartisan policy advice, such as requiring corporations to sign people up for the 401(k) by default and then letting them opt out. This is an example of what they mean by "nudge". You don't need to coerce people; since something has to be the default option you can at least give them intelligent defaults.
The bad side of the book is its poor understanding of human nature. Libertarian economists such as Gary Becker have been aggressively promoting free markets based on a mathematical vision of rational decision making. Needless to say, this vision could only apply to ultra-logical people like Mr. Spock - the notorious Homo economicus. The breakthroughs of behavioral economics teach us that real people do not act like Mr. Spock. This book does an excellent job explaining the major findings of behavioral economics. But rather than try to understand the richness of real human behavior, most behavioral economists tilt towards the opposite extreme. They pronounce humans as irrational and filled with hidden biases. Homo economicus has been replaced by Homo irrationalus.
That's unfortunate because the real story of human nature is far more interesting. Consider the case of loss aversion (pp 33-34). In a classic experiment which has been replicated hundreds of times, students were randomly given free coffee mugs. The mug-less students were asked how much they would pay to get a mug and the students with mugs were asked how much they would want in order to sell their mugs. It turns out that students with mugs wanted an average of about twice as much as the mug-less students were willing to pay! This goes by the name of loss aversion, the endowment effect, and the status quo bias.
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