Good by default. Using heuristic-triggering nudges to promote prosocial behaviour in economic decision-making

Good by default. Using heuristic-triggering nudges to promote prosocial behaviour in economic decision-making PDF Author: Estelle Zanga
Publisher: GRIN Verlag
ISBN: 3346133184
Category : Business & Economics
Languages : en
Pages : 80

Get Book Here

Book Description
Master's Thesis from the year 2017 in the subject Business economics - General, grade: 1.3, Leipzig Graduate School of Management, language: English, abstract: Humans are generally perceived as intuitively selfish, particularly in their economic decision-making. Under the Dual-Process Framework (DPF), this view entails that prosocial behaviour requires reflective control over those natural inclinations towards self-interest. However, new lines of research explore the heuristic basis of prosocial actions and their potential use for policy-making. The goal of this thesis is to enquire into intuitive mechanisms which foster prosocial behaviour in economic decision-making and how to use them to promote altruism and cooperation through heuristic-triggering (“pure”) nudges. We found that while in some contexts prosocial choices can be economically rational, heuristic mechanisms also drive them and for some individuals, they do so to a higher extend than deliberative processes. Our literature review identified three main classes of heuristics that significantly drive prosocial behaviour: kin recognition, social and affect heuristics. Based on Intuitive Design principles, we developed a toolkit for heuristic-triggering nudges enabling choice architects to structure and describe choice options, as well as to address implementation issues, with the goal to make prosocial actions the most attractive alternative. One interesting highlight of our analysis is the differentiation of three master frames for evaluating prosocial nudges: increase in prosocial actions, ex-post satisfaction of decision-maker and social welfare outcome. Finally, we derived practical implications of our findings in social and environmental policy interventions.

Good by default. Using heuristic-triggering nudges to promote prosocial behaviour in economic decision-making

Good by default. Using heuristic-triggering nudges to promote prosocial behaviour in economic decision-making PDF Author: Estelle Zanga
Publisher: GRIN Verlag
ISBN: 3346133184
Category : Business & Economics
Languages : en
Pages : 80

Get Book Here

Book Description
Master's Thesis from the year 2017 in the subject Business economics - General, grade: 1.3, Leipzig Graduate School of Management, language: English, abstract: Humans are generally perceived as intuitively selfish, particularly in their economic decision-making. Under the Dual-Process Framework (DPF), this view entails that prosocial behaviour requires reflective control over those natural inclinations towards self-interest. However, new lines of research explore the heuristic basis of prosocial actions and their potential use for policy-making. The goal of this thesis is to enquire into intuitive mechanisms which foster prosocial behaviour in economic decision-making and how to use them to promote altruism and cooperation through heuristic-triggering (“pure”) nudges. We found that while in some contexts prosocial choices can be economically rational, heuristic mechanisms also drive them and for some individuals, they do so to a higher extend than deliberative processes. Our literature review identified three main classes of heuristics that significantly drive prosocial behaviour: kin recognition, social and affect heuristics. Based on Intuitive Design principles, we developed a toolkit for heuristic-triggering nudges enabling choice architects to structure and describe choice options, as well as to address implementation issues, with the goal to make prosocial actions the most attractive alternative. One interesting highlight of our analysis is the differentiation of three master frames for evaluating prosocial nudges: increase in prosocial actions, ex-post satisfaction of decision-maker and social welfare outcome. Finally, we derived practical implications of our findings in social and environmental policy interventions.

Handbook of Behavioral Industrial Organization

Handbook of Behavioral Industrial Organization PDF Author: Victor J. Tremblay
Publisher: Edward Elgar Publishing
ISBN: 178471898X
Category : Economics
Languages : en
Pages : 483

Get Book Here

Book Description
The Handbook of Behavioral Industrial Organization integrates behavioral economics into industrial organization. Chapters cover concepts such as relative thinking, salience, shrouded attributes, cognitive dissonance, motivated reasoning, confirmation bias, overconfidence, status quo bias, social cooperation and identity. Additional chapters consider industry issues, such as sports and gambling industries, neuroeconomic studies of brands and advertising, and behavioral antitrust law. The Handbook features a wide array of methods (literature surveys, experimental and econometric research, and theoretical modelling), facilitating accessibility to a wide audience.

Nudge Theory in Action

Nudge Theory in Action PDF Author: Sherzod Abdukadirov
Publisher: Springer
ISBN: 3319313193
Category : Business & Economics
Languages : en
Pages : 362

Get Book Here

Book Description
This collection challenges the popular but abstract concept of nudging, demonstrating the real-world application of behavioral economics in policy-making and technology. Groundbreaking and practical, it considers the existing political incentives and regulatory institutions that shape the environment in which behavioral policy-making occurs, as well as alternatives to government nudges already provided by the market. The contributions discuss the use of regulations and technology to help consumers overcome their behavioral biases and make better choices, considering the ethical questions of government and market nudges and the uncertainty inherent in designing effective nudges. Four case studies - on weight loss, energy efficiency, consumer finance, and health care - put the discussion of the efficiency of nudges into concrete, recognizable terms. A must-read for researchers studying the public policy applications of behavioral economics, this book will also appeal to practicing lawmakers and regulators.

Behavioural Public Policy

Behavioural Public Policy PDF Author: Adam Oliver
Publisher: Cambridge University Press
ISBN: 1107042631
Category : Business & Economics
Languages : en
Pages : 252

Get Book Here

Book Description
In this accessible collection, leading academic economists, psychologists and philosophers apply behavioural economic findings to practical policy concerns.

The Law of Good People

The Law of Good People PDF Author: Yuval Feldman
Publisher:
ISBN: 1107137101
Category : Law
Languages : en
Pages : 257

Get Book Here

Book Description
This book argues that overcoming people's inability to recognize their own wrongdoing is the most important but regrettably neglected area of the behavioral approach to law.

World Development Report 1978

World Development Report 1978 PDF Author:
Publisher: World Bank Publications
ISBN: 0821372823
Category : Adaptation (Biology)
Languages : en
Pages : 135

Get Book Here

Book Description
This first report deals with some of the major development issues confronting the developing countries and explores the relationship of the major trends in the international economy to them. It is designed to help clarify some of the linkages between the international economy and domestic strategies in the developing countries against the background of growing interdependence and increasing complexity in the world economy. It assesses the prospects for progress in accelerating growth and alleviating poverty, and identifies some of the major policy issues which will affect these prospects.

Policy and Choice

Policy and Choice PDF Author: William J. Congdon
Publisher: Brookings Institution Press
ISBN: 0815704984
Category : Business & Economics
Languages : en
Pages : 260

Get Book Here

Book Description
Argues that public finance--the study of the government's role in economics--should incorporate principles from behavior economics and other branches of psychology.

Decision Science for Future Earth

Decision Science for Future Earth PDF Author: Tetsukazu Yahara
Publisher: Springer Nature
ISBN: 9811586322
Category : Nature
Languages : en
Pages : 251

Get Book Here

Book Description
This open access book provides a theoretical framework and case studies on decision science for regional sustainability by integrating the natural and social sciences. The cases discussed include solution-oriented transdisciplinary studies on the environment, disasters, health, governance and human cooperation. Based on these case studies and comprehensive reviews of relevant works, including lessons learned from past failures for predictable surprises and successes in adaptive co-management, the book provides the reader with new perspectives on how we can co-design collaborative projects with various conflicts of interest and how we can transform our society for a sustainable future. The book makes a valuable contribution to the global research initiative Future Earth, promoting transdisciplinary studies to bridge the gap between science and society in knowledge generation processes and supporting efforts to achieve the UN’s Sustainable Development Goals (SDGs). Compared to other publications on transdisciplinary studies, this book is unique in that evolutionary biology is used as an integrator for various areas related to human decision-making, and approaches social changes as processes of adaptive learning and evolution. Given its scope, the book is highly recommended to all readers seeking an integrated overview of human decision-making in the context of social transformation.

Tools and Ethics for Applied Behavioural Insights: The BASIC Toolkit

Tools and Ethics for Applied Behavioural Insights: The BASIC Toolkit PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264347941
Category :
Languages : en
Pages : 156

Get Book Here

Book Description
Behavioural insights (BI) are lessons derived from the behavioural and social sciences, including decision making, psychology, cognitive science, neuroscience, organisational and group behaviour.

Financial Aid for Higher Education

Financial Aid for Higher Education PDF Author: Cooperative Program for Educational Opportunity
Publisher:
ISBN:
Category : Federal aid to education
Languages : en
Pages : 122

Get Book Here

Book Description