Richard H. Thaler is an American economist whose work centers on behavioral economics. His research investigates how psychological factors influence economic decisions, challenging traditional assumptions of rational behavior. Thaler's insights have significantly advanced the understanding of human irrationality and its implications for markets and policy. His approach illuminates the complexities of economic decision-making, emphasizing the need to account for human psychology.
When economics meets psychology, the implications for individuals, managers and policy makers are both profound and entertaining. Coupling recent discoveries in human psychology with a practical understanding of incentives and market behaviour, the author enlightens readers about how to make smarter decisions in an increasingly mystifying world.
"Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber"--Amazon
"Traditional economics assumes that rational forces shape everything. Behavioural economics knows better. Richard Thaler has spent his career studying the notion that humans are central to the economy - and that we're error-prone individuals, not Spock-like automatons. Now behavioural economics is hugely influential, changing the way we think not just about money, but about ourselves, our world and all kinds of everyday decisions. Whether buying an alarm clock, selling football tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments. Coupling recent discoveries in human psychology with a practical understanding of incentives and market behaviour, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioural economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV quiz shows, sports transfer seasons, and businesses like Uber"--Cover jacket
Using the application of psychology to the challenges we face in the world today, the Nudge Unit is pushing us in the right direction. This book presents the unconventional, multi-million pound saving initiative that makes a big difference through influencing small, simple changes in our behaviour.
Improving Decisions about Health, Wealth, and Happiness
Every day we make decisions: about the things that we buy or the meals we eat; about the investments we make or our children's health and education; even the causes that we champion or the planet itself. Unfortunately, we often choose poorly. We are all susceptible to biases that can lead us to make bad decisions that make us poorer, less healthy and less happy. And, as Thaler and Sunstein show, no choice is ever presented to us in a neutral way. By knowing how people think, we can make it easier for them to choose what is best for them, their families and society. Using dozens of eye-opening examples the authors demonstrate how to nudge us in the right directions, without restricting our freedom of choice. Nudge offers a unique new way of looking at the world for individuals and governments alike.This is one of the most engaging, provocative and important books you will ever read.
Richard Thaler challenges the received economic wisdom by revealing many of the paradoxes that abound even in the most painstakingly constructed transactions. He presents literate, challenging, and often funny examples of such anomalies as why the winners at auctions are often the real losers--they pay too much and suffer the "winner's curse"-- why gamblers bet on long shots at the end of a losing day, why shoppers will save on one appliance only to pass up the identical savings on another, and why sports fans who wouldn't pay more than $200 for a Super Bowl ticket wouldn't sell one they own for less than $400. He also demonstrates that markets do not always operate with the traplike efficiency we impute to them.
"Every day we make choices--about food and other purchases, financial investments, our children's health and education, even the causes we champion or the planet itself. Unfortunately, we often choose poorly. Using dozens of eye-opening examples and drawing on decades of behavioral science research, Nudge shows how sensible "choice architecture" can help us to overcome the biases that lead to bad decisions and nudge us toward the best decisions for ourselves, our families, and our society"-- Provided by publisher
RESUMEN: Somos propensos a cometer errores. Cada día tomamos decisiones sobre temas tan vitales como la educación de nuestros hijos, nuestras inversiones, nuestra dieta o nuestras hipotecas. Desafortunadamente, muchas veces nos equivocamos. Esto se debe a que, como seres humanos, nos dejamos influir por una serie de percepciones erróneas que nos llevan al desacierto. El concepto de nudge, literalmente un pequeno empujón, sirve de base a las originales y eficaces propuestas de Thaler y Sunstein para revertir esta tendencia. Figuras de la talla de Barack Obama ya están adoptando estas medidas. Se trata de que las personas y las instituciones, tanto privadas como públicas, se esfuercen de forma consciente en orientar nuestras decisiones de modo que mejoren nuestras vidas. Impulsos leves, a menudo invisibles, para incentivarnos sin mermar nuestra libertad de elección. Citing decades of cutting-edge behavioral science research, the authors demonstrate that sensible choice architecture can successfully nudge people towards the best decisions without restricting their freedom.
List of Abbreviations / 7 Introduction / 9 Chapter 1. Deprivation of liberty in the context of criminal justice system / 17 1.1. General remarks / 17 1.2. Deprivation of liberty – its nature and aims / 23 1.3. Classification of prisoners – consequences / 26 1.4. Basic penitentiary paradox / 29 1.5. Prison of the 21st century / 31 Chapter 2. Contemporary penitentiary standards and policy – normative aspect / 37 2.1. Treaty standards / 38 2.1.1. General treaties / 38 2.1.2. Special treaty regulations / 43 2.2. Recommended standards / 45 2.2.1. Universal level / 45 2.2.2. Regional level / 49 2.3. Domestic impact of international standards – Polish example / 53 Chapter 3. Prison population – human dimension of personal interrelations / 57 3.1. The prisoners / 57 3.2. The prison staff / 66 3.3. Interpersonal confrontations and their consequences / 71 3.3.1. Horizontal personal interrelations / 72 3.3.2. Vertical personal interrelations / 76 3.4. Examples of extreme personal interrelations (prison scandals in a nutshell) / 78 Chapter 4. Social rehabilitation of prisoners – between idea and reality / 83 4.1. An idea of “normalization”/ 83 4.2. A concept of the “implied limitations”/ 90 4.3. Main instruments of social rehabilitation / 92 4.3.1. Contacts with the outside world – possibilities / 92 4.3.2. Special offers inside the prisons / 95 4.3.2.1. Work / 95 4.3.2.2. Education / 98 4.3.2.2.1. Spiritual assistance / 99 4.3.2.2.2. Leisure time / 101 4.3.2.3. Treatment programs / 102 4.4. Preparation for release / 104 Chapter 5. Prison life and human dignity – situations of special risk / 107 5.1. Brief introductory remarks / 107 5.2. Problem of discrimination / 108 5.3. Prison order and coercion measures / 110 5.3.1. An authorized coercion actions in prison / 112 5.4. Health care “in” and “out” of prison / 118 5.5. Disciplinary procedure and sanctions / 122 Chapter 6. Control, inspections and basic procedural guaranties for prisoners / 127 6.1. Domestic level / 129 6.2. International level / 132 6.2.1. Complaint/petition procedures / 132 6.2.1.1. Council of Europe / 132 6.2.1.2. European Union / 134 6.2.1.3. United Nations Organization / 135 6.2.2. Additional monitoring procedures / 137 Final remarks / 139 Bibiography (Basic Literature) / 147 Appendices / 155
Wie man kluge Entscheidungen anstößt | Der Klassiker der Verhaltensökonomie - Tipps vom Wirtschaftsnobelpreisträger
Der Klassiker der Verhaltensökonomie vollständig aktualisiert Seit der Erstveröffentlichung von Nudge im Jahr 2008 und dem Nobelpreis für Richard Thaler 2017 ist dieses Buch zu einem Klassiker geworden. Regierungen auf der ganzen Welt, Geschäftsleute, politische Entscheidungsträger, Wissenschaftler, engagierte Bürger, Verbraucher und Verhaltensökonomen haben sich davon inspirieren lassen. Dieses Buch zeigt, wie wir eine durchdachte Entscheidungsarchitektur nutzen können, um bessere Entscheidungen für uns selbst, unsere Familien und unsere Gesellschaft zu treffen. Jetzt haben Richard Thaler und Cass Sunstein das Buch überarbeitet und dabei ihre Erfahrungen innerhalb und außerhalb der Regierung in den letzten zwölf Jahren sowie eine Fülle neuer Forschungsergebnisse eingebracht. Diese aktualisierte Ausgabe bietet sowohl eingefleischten Fans als auch Neulingen eine Fülle neuer Einblicke in ein breites Spektrum von Themen, mit denen wir in unserem täglichen Leben konfrontiert sind: Gesundheit, persönliche Finanzen, Klimawandel und "Sludge" (Papierkram und andere Belästigungen, die uns davon abhalten, das zu bekommen, was wir wollen) – und das alles unter Einhaltung einer der Grundregeln des Anstupsens: Haben Sie Spaß!
