pdf free Nudge Improving Decisions About Health Wealth and Happiness AUTHOR Richard H. Thaler – dedelicate.com
Runk enrolling n your company 401k plan vs not enrolling lessening your factory s carbon emissions An example of libertarian paternalism of which they approve Istanbul: A Tale of Three Cities is reuiring fast food restaurants to list calorie counts Morenformation to help you decide what to eat Scottish Football Quotations is good they think but banning high calorie menutems outright would constrict freedom thus badThe way choices are presented to you The Soldiers Art (A Dance to the Music of Time: Book 8) is called choice architecture An example of poor choice architecture was George W Bush s new entitlement for prescription drugs for seniors Medicare Part D There was an enormous number of plans no good way to compare their various elements to see which plan would work best for you andf you were unable to decide on a plan one was selected at random for you Not just seniors but their doctors pharmacists and experts drafted by the authors found the choice architecture for Medicare Part D Trauma incredibly confusing and picking out a plan took hours even for experts and economistsAnother example of horrible choice architecture or choice design would be Palm Beach County Florida snfamous butterfly ballot The Encyclopedia of Early Earth in the 2000 presidential election Many voters couldn t tell which punch hole was designated for which candidate and as a result voted for a candidate they had notntended toThe authors discuss nudges and choice architecture The Good Pub Guide 2016 in the contexts ofnvesting health nsurance organ donation school choice privatizing marriage and other areas The most compelling chapter for me was on Medicare Part D because I m kind of a health nsurance nerd Weaker chapters were on school choice the authors uncritically accept the notion that vouchers are good and on medical malpractice nsuranceOn the latter they argue that the price of health nsurance contains the cost of malpractice lawsuits and therefore f a buyer of health nsurance could waive filing such suits their health Unload (Loaded insurance premium would be cheaper and doctors and hospitals would also be able to charge them less They claim that malpractice lawsuitsncrease medical costs by 5 to 9 per cent First who knows The Seventh Tide if that hazy range of numberss accurate Although tort reform The Devouring (The Devouring, is of course lovingly put forward by Republicans every time thessue of healthcare costs arises the consensus among non Republicans Tail-End Charlies is that malpractice litigation costs are a tiny percentage of overall costs and not worth addressing What bugs me about this chapters that the authors never bother to ask or to address just because the cost of lawsuits might vanish from their bottom line why do we automatically believe that doctors and hospitals would charge a patient less rather than take the savings as ncreased profit How would having two types of health nsurance policies one where you could sue your doctor and one where you couldn t affect the doctors themselves Would doctors take patients from each category or would they restrict their practices only to patients who had agreed not to sue them If the former would they charge different prices to the patients according to whether or not they might sue In other words this s nteresting theoretically but how would Subterranean Kerouac it workn practice The authors don t care because they are mostly Mansfield interestedn these clever theoretical notionsThe chapter on privatizing Social Security was another In the Beginning instance of mental masturbation It looked at the systemn Sweden where accounts had been privatized to see how the choice architecture had affected the way beneficiaries designed their Of Love and Life investment plans Yet the authors don t uestion whether privatizing Social Securitys a good The Wreck of the Medusa idea or a terribledea even though the paperback edition of the book went to press after the giant stock market crash of 2008 2009 and the book contains a postscript discussing some aspects of the crash that could have been avoided with proper nudges They merely advise that although George W Bush s yearning to privatize never went anywhere some version of this proposal Resonator is likely to be considered again before long Well the crash of 2008 killed all thoughts of Social Security privatization at least until we becomediots again Obviously when countries and economies are run by Catwoman (DC Icons, idiots all bets are offThey wrap up the book withdeas presented to them via their website for other nudges The stupidest of these s trayless cafeterias when people use trays they tend to waste food and napkins which s a splendid All Things Made New idea for societies where people have four hands I don t understand why thiss a runaway bestseller Words Fail Us it s just not that enthralling I ve been reading lots of books lately about behavioral psychology and economics why people make the decisions we do economically andn other life areas But Predictably Irrational and Made to Stick both explore these uestions Tomb Raider in a much engaging wayNudges mostly concerned with how companies and governments can practice what the authors term libertarian paternalism gently noncoercively pushing people toward doing something that they really want to do For example a company might by default enroll new employees An Honorable Defeat in a 401K plan and put a certain salary percentagento that plan The employees can opt out or change their contribution amount at any time but by enrolling everyone by default the company does an end run around The Groundnut Cookbook its workers natural procrastination tendencies without forcing themnto anythingAnother use of nudging this one on the state level might be to reuire that everyone signing up for a driver s license check a box saying either Yes I want to be an organ donor or No I don t wish to be an organ donor Or a state could change ts laws so that people are by default assumed to be willing donors unless they say they don t want to This would greatly ncrease the number of organs available for emergency transplantsSo The Gates of Europe interesting stuff but not enough to fuel an entire book I wound up skimming uite a bit and while some of the anecdotes are funny andnteresting many of the writers proposals are dry unless you happen to be fascinated by the particular social or economic ssue they re addressing It s worth picking Nudge up to see f Claiming the Enemy (Porter Brothers Trilogy, it grabs you just don t be surprisedf t lets go about 100 pages n December bookclub read for my sit The Hero Pup in bookclub and when I checkedn my book shop for this Book and was directed to the ECONOMICSBUSINESS section I did uite a bit of eye rolling I had automatically decided I wasn t going to like this book and as christmas reading goes this was going to be a taxing read But I was pleasantly surprised at how readable and relatable the book was and how our decision making can be After the Ice influenced by Nudges of all kinds and how society reacts to NudgesOnly 3 out 10 peoplen the group finished the book and yet the discussion created was lively and Super Grandma and Super Grandpa (The Unknown Superheroes interesting with everyone participating and having an opinion Not one I would be recommending but certainly a book that has food for thought As an economist Nudge was a book that I desperately wanted to like Unfortunately I was disappointed Perhaps my low rating of the book stems from my high expectations of a book co authored by the well regarded behavioral economist Richard Thaler Without such expectations my rating might have been higher But at the same time without such expectations I might not have bothered to read the book at allThe onlynteresting part of the book s the first part which consists of the first five chapters Here the authors lay out the main premise of the book I second guessed my purchase of Richard Thaler and Cass Sunstein s Nudge Improving Decisions About Health Wealth and Happiness almost the minute I received my e mail receipt I had already read Malcom Gladwell s Blink and heard about the literary disaster that s Sway and yet there I was reading Nudge s The World in Winter introduction about the arrangement of cafeteria foodI m glad I did While Thaler and Sunstein are happy to reveln the small ways that their The Asylum insightsnto choice architecture can lead to better or worse choices they also lay out their political principles and detail their Trick (Foolish Kingdoms, impact on current policy debates eg Social Security Medicare Part D Education To topt all off they begin the book with a treatment of our cognitive failings distinguishing between our automatic and reflective processing systems what s not to love leading right The Road He Travelled into their arguments for how to help the automatic majority overcome their cognitive frailty withoutnfringing the reflecti. How that no choice The Sea Garden is ever presented to usn a neutral way and that we are all susceptible to biases that can lead us to make bad decisions But by knowing how people think we can use sensible “choice architecture” to nudge people toward the best decisions for ourselves our families and our society without restricting our freedom of choice.
pdf free Nudge Improving Decisions About Health Wealth and Happiness AUTHOR Richard H. Thaler – dedelicate.com
The book has some value but the title led me to pick Introducing the Ancient Greeks it up under the belief thatt might help me to understand myself better and learn better ways to navigate my choices It turned out to be of a laundry list of examples how businesses try to manipulate us a list that was nudged The Student Cookbook in I was pleasantly surprised by this book It starts out like many other pop psychology books describing an array of psychology experiments that are so oftenn the literature But at some point Torpedo Run in the book the story takes a turnnto a direction that few other books seem to touch Nudge The Driver is really about the small subtle pushes that our modern day world makes to sway one s opinion or real world choicesThe book devotes a separate chapter to each of several real world scenarios When a company gives employees a choice amongnvestment plans how should the be described Should there be a default plan such that De glazen troon (De glazen troon, if no explicit choices made gets chosen automatically What about health plans they are very complex and Silent Witnesses is there one thats best for everyone Probably not Then there are mortgage plans organ donation college funds and on and onPeople are often lazy and they make a choice once and then forget about The Hawthorn Crown (The Changeling, it But should a company or a government give a subtle nudge byntelligently designing a form an The Past is Myself The Road Ahead Omnibus intelligent default and so on Or should the choice be left 100% to the customerThe authors of this book argue that libertarian paternalism may be the answer Give people the full cast of choices and give people the freedom to make the wrong choices But also give people a default choice that may be better than most of the choicesSome choices are fixable If you take your clothes to a dry cleaning establishment and they do a poor job then the next timet The Common Years is easily correctablen the future just take your clothes somewhere else But other choices are not correctable How many chances do you have The Valkyrie Song (Jan Fabel, in choosing a spouse Whilen theory t s a correctable choice t s not one that my people make over and over again And by the way why should the government have any say at all about marriages If there are any government benefits to marriage say taxes laws etc why not distribute those benefits to everyone The authors argue that there Zombacter is not reason for the government to ben the marriage business at allThis book La muñeca asesina is a uick and easy read I recommendt to people who are trying to formulate policies and even to those who are designing forms for public use This Risking It All is a terrific book The authors cover terrain which has been explored recentlyn a whole slew of books loosely speaking why we humans persistently engage The Housekeeper and the Professor in behavior patterns which do not benefit usn the long term Their own research at the University of Chicago builds upon the work of Tversky and Kahneman n behavioral economics very much n vogue this past few years In the book they provide a funny engaging remarkably clear exposition of the various factors which lead us to make poor decisions This alone would make The Monuments Men by Robert Edsel - A 30-minute Chapter-by-Chapter Summary it worth reading What makes this book stand out thoughs that they actually suggest remedies that might help us save ourselves from our own flawed gut The Complete Idiots Guide to Buying Foreclosures instincts This one took me longer to read thats reasonable for a book of Asian Bites its length or the clear stylet Perfect is writtenn I mean such a simply written text of 250 pages ought to have finished n no time The problem was that I don t live n the US and so many of the examples made the book a struggle for me All the same there are Avengers ideasn this book that are The Princess and the Goblin important no matter where you liveDon t you just love thenternet I wanted to start this paragraph with that uote by G ring when I hear the word culture I reach for my luger but American Prince it turns outt The Devouring (The Devouring, is actually a uote from a play by Hanns Johst whichs even better Whenever I hear of culture I release the safety on my Browning I have much the same reaction when I hear the word choice There s a false euality set up between freedom and choice It s as The Campaign for Domestic Happiness if the two terms aredentical Since I ve had to read through dozens of American examples Il tesoro di Gengis Khan (Le avventure di Dirk Pitt, in this book of why thisdentity may not always apply I would like to give an Australian example to explain some of the key concepts of this bookA couple of decades ago Australian workers went without a national pay The Complete Idiots Guide to Crowdsourcing increase and rather had this money directednto superannuation Superannuation The Complete Idiots Guide to Fondues and Hot Dips is essentially forced saving for retirement Over the years this reuired percentage of an employee s wage dedicated to superannuation hasncreased so that today Aloha Rodeo it stands at 9% Everyone knows thatf people are to retire on anything like their current salary they need to put aside around 15% of their lifetime earnings The gap between 9% and 15% Stealing Venice is one that will be for most people borne by reduced living standards at the end of their livesThe previous Australian Government decided thatt would be a good All aboard the Ninky Nonk! idea tontroduce choice The Lady and the Peacock into the superannuation system So whereas previously most people were corrallednto mostly Another Mothers Love industry superannuation funds that were not for profit meaning they had low fees and profits went backnto the fund the new system opened up the superannuation business to private operators People would now be able to choose which fund to THE AGE OF ARTHUR: WARFARE IN THE BRITISH DARK AGES, 400 AD - 800 AD: WARHAMMER HISTORICAL. invest their moneyn Where did I put that LugerThe Three by Atiq Rahimi industry funds obviously didn t like thisdea But like choice competition The Witchs Kind is always a good thing and can never be criticised right Wellt The Galapagos Affair is not uite so easy The problems that the Rome Sweet Rome industry funds asked the previous government to structure the new system so that all funds would have to disclose all fees and charges associated with their products This would clearly have favoured thendustry funds that often don t charge fees at all The government refused to Tales From Nature include this disclosure ofnformation as a proviso Blood Rites (The Dresden Files, in the legislationOf course this made freedom of choice a bit of a joke You can t really have freedomf your choice Goalie Interference (1Night Stand is also based on your being free from vitalnformationWhat made matters worse was that the financial planning The Lights of Manchester industryn Australia The Reconstructionist isn t as well regulated ast might be Financial planners generally receive commissions from the financial The Dollmakers Daughters institutions whose products they sell oh sorry encourage you to take up So rather than providing you with a plan thats uneuivocally Il in your bestnterests the financial planner you are seeing may have actually will have a strong motivation to provide you with The Missing information thats Health Policy Analysis in their best financialnterests rather than yoursEconomists would say that despite all of the obvious problems with this new system of choice t s still better as people always act The nexus in their own bestnterests as rational economic agents and choice even Operatie oranje woensdag if some of those choices might be biased against peoples always betterThe writers of this book define themselves as Libertarian Paternalists Essentially they also believe that choices are good things however they acknowledge that choice alone The Mouse-Proof Kitchen isn t enough and that people aren t always economically rational entitiesOne of thedeas I found most useful Peak Performance: Elevate Your Game, Avoid Burnout, and Thrive with the New Science of Success in this books the The Prodigal Prophet idea of choice architecture They do not believen taking choices away from people but they recognise that being presented with a bewildering array of choices Bloody Seoul is often enough to stop people from making any choice at all The book opens with a discussion of a school cafeteria and how you can affect the eating habits of kids simply by how you place the food on display Thats putting healthier food at eye level rather than fatty sugary foods will nudge kids towards eating healthy food This Migritude is not a subtle change this nudge can drasticallymprove the eating choices made by the kids The kids still have a choice to eat rubbish but this simple change nudges them towards eating better The point The Color Purple is that you simply don t have the option to display the foodn a non nudge way You have to make some choice about how you are going to display the food so doesn t Truth and Nothing But it make sense to set up the display so that people are nudged towards eating well rather than badlyChoices don t occurn a vacuum and one of the lessons of this book Negotiate the best deal is thatf we are going to provide choices we need to think about the conseuences of the choice architecture we put n place n which those choices are going to be madeAnother of those pieces of choice architecture Cum For Bigfoot 5 is going to depend on whats the default choice This s because people being people many of From the winner of the 2017 Nobel Prize n Economics Richard H Thaler and Cass R Sunstein a revelatory look at how we make decisionsNew York Times bestsellerNamed a Best Book of the Year by The Economist and the Financial Times Every day we make choices about what to buy or eat about financial nvestments or our children’s health and educati.
S are going to get bored early on n the decision making process and just go for the default Therefore the default should be the choice that Im Afraid of Men is most likely to meet the needs of those reuired to make the choice Theres a very disturbing discussion of the Part D prescription drug coverage process Reforesting Faith in the USn which people who do not make what Peggy Deans Guide to Nature Drawing and Watercolor is anncredibly difficult choice are randomly assigned to a range of default plans that takes the principle of government non Foursome intervention to absurd extremesThe otherdea that Corduroys Garden is very strongly pushedn this book What Is the Story of Scooby-Doo? is that people are very much loss averse Thiss an My Father Left Me Ireland idea that has beenn virtually every book I ve read lately but this book does than most to explain the conseuences of this aversion Going back to our superannuation example one of the reasons why people don t Antisemitism increase their superannuation contributions despite knowing thatt would be good for them Stumbling Giants in the long terms that t nvolves them Anabella Giggles All Night! (Annabella in a perceived loss now The authors discuss a way of encouraging higher contributions which they call the pay later plan Essentially people are encouraged to commit toncreasing their contributions at the time of their next pay Patient Safety Ethics increase This way thencrease Fat in the Fifties in contributions does not feel like a loss and the authors show that this way ofncreasing contributions leads to higher contributions than virtually any other methodI particularly liked their solution to the gay marriage Kent Island issue thats producing so much heat and so little light Brides, Mourners, Bacchae in society lately Their answers for the government to get out of the marriage business altogether That the government should enable people to have their relationships recognised on the basis of Born to Run it being a civil union and that this be open to all couplesrrespective of their sex or the sex of their partner This civil union would be the legal and social recognition of a couple s partnership Marriage then would be left up to religious bodies to worry about If a particular church refuses to marry you because you want to marry someone they don t think you should well find yourself another church or even better yet avoid churches altogetherThe last part of this book After the Flood is a defence of thedea of nudges against radical free market types the sorts of people who like our previous government think that choice New Worlds for All is always good andll The Three Coffins (Dr. Gideon Fell, informed choices even better The dea that people might be nudged towards donating their organs after they ve finished with them nudged to eat better food or to get better health care cover or to slow down when approaching a dangerous ntersection all just seem obviously good to me so this part of the book was preaching to the convertedBut then like Hegel I don t euate freedom with choice but with needs and how we understand those needs I think freedom has less to do with getting to choose and to do with getting adeuate Campus Sexual Assault information on the conseuences of that choice This book doesn t go as far as I might along this path but at leastt recognises that we are human and that we often need help Radical Pacifism in Modern America in making decisions that aren our own best Bioinformatics Methods interests Ift was up to me there would not only be no freedom of choice What Doesn't Kill Us: how freezing water, extreme altitude, and environmental conditioning will renew our lost evolutionary strength in superannuation but superannuation would be a tax and would be run by the Australian Tax Office But don t get me startedThis would be an evennteresting book The Impossible Climb if you liven America given the nature of the examples but either way this Magic in the Air is still worth a look This comes with a whole bunch of big name endorsements the physicist Brian Appleyard Stephen Leavitt of Freakanomics fame and we re told by the end of Introduction thatt A Casa dos Espíritos is making anmpact with Obama and Cameron and so having a policy La decadencia de la mentira y otros ensayos impactn both the UK and USA What s t The Guy Who Died Twice (Detective D.D. Warren, is now marketed as a newnternational edition As I ploughed my way through this I kept thinking of a comment by the great photographer Eve Arnold to the effect and with a few expletives that she was not the genius many proclaimed Remus (Marius Brothers it was just that everyone else was so mediocre the praise singers do themselves no favour by shouting about the marvel that this booksIt has one central Turning Points idea groundedn social psychology that with careful thought and planning people can be encouraged to freely chose things that are good for them with the corollary that too much choice or unclear choices will lead to manymost people making bad choices So far so good and the first part about of the book does a pretty good job of explaining some The Secret Life of Theater interesting but not that complex social psychology Alas then the newnternational edition goes off track n that aside from a brief postscript considering some ssues about the circumstances of the 2008 financial crisis the vast majority of the examples under discussion rely on a some pretty detailed explorations of US based material which The Secret Message of Jesus is a perverse understanding ofnternational made all the frustrating by Thaler Sunstein s jokey blokey little self referential asidesLeaving aside the difficulties of behavioural economics the first major problem with the book though Thieme Test Prep for the USMLE® is whats not n t and as a conseuence what t s able to be used for There First Strike is little doubt that nudgings a good thing we know that we are likely to continue with decisions when we feel like we have chosen freely the psychologists call this compliance and t s a big thing A New Owners Guide to Boston Terriers in theories of behaviour change The bigssue for me The Hideaway is not how to nudge well but the directionn which we nudge and so far I Want a Dog it looks to me that the policy applications of thisdea have New Bad Girl in Town in many cases been little than a cover forncreased privatisation for a removal of services and social support networks and to generally undermine the social world that many of us rely on to survive There The Things We Knew is a further and key deficiency related to this bigger picture of what the nudges are used for and thats Call to Action its failure to explore the broader socio political uestion of who gets to nudge us orn their jargon who gets to be a choice architect For a book that has as one of Men of Sunday its areas of application politics they seem remarkably unaware of or likely are extremely good at obfuscating a key dynamic of politics power while at the same time having constructed a text thats all about making sure that those of us who are subject to various forms of political power be t about health care plans buying gas donating organs or managing our pension funds do what the wielders of power want us to do Their notion of libertarian paternalism n many ways an oxymoron but I ll cut them some slack because they are after all economists applying psychology to broader social contexts so have to grapple with two discipline areas that claim to be sciences Bid My Soul Farewell (Give the Dark My Love, in an effort to assert their credibility seems to be a synonym for soft power so beloved of contemporary liberalmperialists They set up two Job ideal type figures Econs and Humans and then build a text around a series of methods that enhance the likelihood thatrrational Humans will make better decisions where better With Passion Collection is defined by what the rational Econs would do In short hidden within all the popularising language thiss text that s designed to promote ways to make us like the Rational Economic Man so beloved of neo classical economics It s not that they want us to become powerful people or to gain a greater degree of autonomy and control over our own lives t s that they want to make us compliant by making the decisions others want us to makeSo my problem Leaking Laffs Between Pampers and Depends is two fold First thiss a book that The Black Lizard Big Book of Pulps is dangerous becauset focuses only on the means and not the ends Maigret and the Pickpocket in that the ends that seem to be taken for granted are those that are defined by a model and theory of economics that lies at the heart of the current crisis Second evenf I accept that model and La scurit des Franais its theories which I don tt La guerre du dsert, 1940-1943 is not that this books wrong just that t s disappointing Now I admit that this may be a characteristic of these popular academic titles and Unicorns Are Real! if I read of them I d be less disappointed but as I continued through this I felt and like Eve Arnold wearied by the mediocrity of others I get enough of thatn my own writing Libertarians are always annoying and these two are no exception Their particular brand of libertarianism they call libertarian paternalism and t nvolves the Toy Story 4 Deluxe Step Into Reading idea of nudges which are thingsdesignsincentives that push people toward better options Better options wouldnclude choosing healthfullier food not smoking not driving On even about the causes we champion or the planet tself Unfortunately we often choose poorly Nudge s about how we make these choices and how we can make better ones Using dozens of eye opening examples and drawing on decades of behavioral science research Nobel Prize winner Richard H Thaler and Harvard Law School professor Cass R Sunstein
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Richard H Thaler is an American economist who was awarded the 2017 Nobel Prize in EconomicsHe is the Charles R Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago’s Booth School of Business where he is the director of the Center for Decision Research He is also the co director with Robert Shiller of the Behavioral Economics Project at th