Session 5 Flashcards
Nudging (4 cards)
1
Q
What is the differenced between manipulation and economic/regulatory/participatory instruments?
A
There’s deceit - you know if youre being taxed or regulated
Manipulation works best if you don’t know youre being manipulated
Manipulation doesnt assume youre a rational person, but you change your behaviour in a subconscious way
2
Q
Compare fast and slow thinking
A
Fast = actions based on habit/internalsied routines
Slow = making rational decisions, weighing up the consequences of an action
3
Q
Define nudging
A
a small push to acheive a desired outcome
4
Q
What is over optimism? How does it influence us?
A
