Nudge: The Final Edition
Improving Decisions About Money, Health, and the Environment
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Buy Now for ₹703.00
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Narrated by:
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Sean Pratt
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Written by:
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Richard H. Thaler
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Cass R. Sunstein
About this listen
Since the original publication of Nudge more than a decade ago, the title has entered the vocabulary of businesspeople, policy makers, engaged citizens, and consumers everywhere. The book has given rise to more than 200 "nudge units" in governments around the world and countless groups of behavioral scientists in every part of the economy. It has taught us how to use thoughtful "choice architecture" - a concept the authors invented - to help us make better decisions for ourselves, our families, and our society.
Now, the authors have rewritten the book from cover to cover, making use of their experiences in and out of government over the past dozen years as well as an explosion of new research in numerous academic disciplines. To commit themselves to never undertaking this daunting task again, they are calling this the "final edition". It offers a wealth of new insights, for both its avowed fans and newcomers to the field, about a wide variety of issues that we face in our daily lives - COVID-19, health, personal finance, retirement savings, credit card debt, home mortgages, medical care, organ donation, climate change, and "sludge" (paperwork and other nuisances we don't want and that keep us from getting what we do want) - all while honoring one of the cardinal rules of nudging: make it fun!
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2008, 2009, 2021 Richard H. Thaler and Cass R. Sunstein (P)2021 Gildan MediaI'd give a special mention to the chapter on Organ donation. That was quite an eye opener for me.
I have one issue with the book though. The book is too US centric and readers outside of the US might have trouble relating to the such issues as the US healthcare or pension system.
Decent read.
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good inspiring book
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MUST READ!
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Power of Nudging - Stood out for me
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Thaler and Sunstein argue that people are not always rational decision-makers and are often subject to cognitive biases and heuristics that can lead to suboptimal decisions. However, they also argue that policymakers can use gentle nudges, or "choice architecture," to help people make better choices without restricting their freedom of choice.
The authors provide numerous examples of nudges from various domains, such as retirement savings, organ donation, and energy consumption, and show how they have been successful in promoting positive outcomes. They also discuss the ethical implications of nudges and address potential objections to the use of nudges.
Overall, "Nudge" is a well-written and thought-provoking book that offers practical insights into how policymakers can improve decision-making without resorting to heavy-handed regulations. Thaler and Sunstein's ideas have been widely adopted in both public and private sectors, making this book a must-read for anyone interested in understanding human behavior and policy-making.
Insightful and engaging
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