Week 10 - Class 2 Flashcards
1
Q
What’s an example of a nudge?
A
Organ donors, default effect.
2
Q
Why do Thaler & Sunstein believe that people need help?
A
People are not rational thinkers. Like the table problem.
3
Q
What happens when you put a low calorie section on a menu?
A
Leads to fewer low-calorie selections. Listing calories on menus could lead low-income customers to maximize calories per dollar.
4
Q
Could transparency aid nudges?
A
Yes. As long as the judge trusts the policymaker.
5
Q
Women are less likely to donate blood if there __________
A
Is monetary reward.
