Nudge Chapter 2 Flashcards
What is an example of a hot state?
When you are hungry and have many aromas going of
What is an example of a cold state?
When you are planning what you are going to the next day and have a productive mood
What is temptation?
If we consume more of something when we are in a hot state and varies over time
What is the hot-cold empathy gap?
A bias where people underestimate the strength of an effect when they are aroused.
What is a commitment strategy?
When taking an action prior to exposure to a temptation. This is done to prevent from temptation to happen. An example, is Thaler removing the cashews.
What are self control strategies?
Strategies to control behaviors
What are examples of self control strategies?
Making lists, alarm clocks, asking friends to stop us from doing something, etc.
What are examples of government imposed self control strategy?
Daylight’s saving time because people think they get to enjoy an extra hour and tend to wake up earlier
What is mental accounting?
Another method of self control strategy that is used in households to evaluate, regulate, and process their home budget.
What is an example of mental accounting?
A gambler that wins money at the casino and pockets money in one side where its “house” money and the other his money that he brought.
What is mindlessness?
It is where people don’t consciously think or engage in what they are about to do.
What is arousal?
A state of excitement or wanting something
What is Clocky?
A clock that would have the alarm go off and would start to run away in order to make people get up.
What are some bans?
Heroin bans to resist the lure of the drugs. These are pure rather than libertarian paternalism.
What are some taxes that help people?
Adding taxes to cigarettes that will discourage purchase but not forbid it. Also, gamblers putting themselves on casino bans but this can count as libertarian paternalism.
