Economics Research Seminarhttps://weatherhead.case.edu/events/2013/10/23/economics-research-seminarTitle: From Nudging to Budging: Using Behavioural Economics to Inform Public Sector Policy
Abstract
The use of behavioural economics to inform policy has over recent years been captured
by those who advocate nudge interventions. Nudge is a non-regulatory approach that attempts
to motivate individual behaviour change through subtle alterations in the choice environments
that people face. It is argued in this article that government interventions ought to be more overt
than that traditionally advocated by nudge adherents, and that governments should principally
attempt to influence behaviour if the acts of those targeted are causing harm to others. With
this in mind, governments can use the findings of behavioural economics, including present
bias and loss aversion, to informwhere and how to regulate directly against undesirable private
sector activities. This behavioural economic-informed method of regulation is hereby termed
budge, to indicate that, rather than nudging citizens, behavioural economics might be used
more appropriately in the public sector to help inform regulation that budges harmful private
sector activities.
Please join the Economics Department for a research seminar. This event is open to all Case Western Reserve University faculty, Ph.D. students, economic majors and minors, and those interested in economics research.
Contact Information:
Teresa Kabat
teresa.kabat@case.edu
216.368.4110
|
Wednesday, Oct. 23, 2013 from 4 p.m. to 5:30 p.m. |
|
Peter B. Lewis Building, Room 118 11119 Bellflower Road
Cleveland, OH 44106-7235 United States
|
|
Speaker(s): Adam J. Oliver, Ph.D. |
|
Sponsored by: Department of Economics |
|
From Nuding to Budging |
There are currently no upcoming events.
Interested in learning more about Weatherhead programs? Request more information or apply now, or register for one of over 70 open enrollment courses through Executive Education.
Weatherhead School of Management at Case Western Reserve University cultivates creativity, innovation, and purpose-driven leadership to design a better world.