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New Frontiers in Behavioural Science: Scarcity, Nudge, Sludge and Social Norms (M.L Qureshi Memorial Lecture: Key Takeaways)

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  • Cass Sunstein

    (Professor at Harvard Law College, Harvard University.)

Abstract

Sludge—excessive time consumed in performing a task—imposes a burden on society. Administrative burdens, reporting requirements, paperwork requirements, waiting time, in-person appearances, and much more operate as a kind of an essential between human beings and something that connects their life. Sludge imposes time-tax (opportunity cost), monetary cost, and psychological costs upon society. There should be a sludge audit to quantify the magnitude of such costs—knowledge of the sludge magnitude would provide the basis for the efforts aimed at sludge-reduction.

Suggested Citation

  • Cass Sunstein, 2022. "New Frontiers in Behavioural Science: Scarcity, Nudge, Sludge and Social Norms (M.L Qureshi Memorial Lecture: Key Takeaways)," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 61(1), pages 121-125.
    • Handle: RePEc:pid:journl:v:61:y:2022:i:1:p:121-125
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