Branching out into the world of behavioral economics,
it's our newest Book Club covering the classic,
Nobel-prize-adjacent, "Nudge" by Richard Thaler and Cass Sunstein.
We're joined by our Book Club Buddy, Alan, and new patron,
Victoria, to explore how the economists think of human behavior and
whether the principles behind choice architecture are all they've
been made out to be. Plus, Rob runs down some of the additions to
the recently published "Final Edition" and how it may make "Nudge"
a lesser work than the previous version. All that and the best
insurance buying tips!
References
for
this
episode:
Thaler, R.H & Sunstein, C.R. (2021).
Nudge
the
final
edition. Yale
University Press.
Thaler, R.H. & Sunstein, C.R. (2009).
Nudge:
Improving
decisions
about
health,
wealth,
and
happiness.
Penguin Books.