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Who Should Nudge?

In: Nudge Theory in Action

Author

Listed:
  • Sherzod Abdukadirov

    (Mercatus Center at George Mason University)

Abstract

This chapter examines the assumption that both governments and private firms can be equally efficient in producing nudges. It describes the different processes that companies follow in creating new products and examines which process is more appropriate for designing nudges. It describes the regulatory process and examines how well it fits the task of designing nudges. It analyzes the challenges that federal and local governments face in designing effective nudges. It contrasts the regulatory process with the process used by the private sector, and finally argues that producing effective nudges requires a more flexible, iterative approach, which the regulatory process cannot accommodate. Consequently, the business of nudging should be left to the private sector.

Suggested Citation

  • Sherzod Abdukadirov, 2016. "Who Should Nudge?," Palgrave Advances in Behavioral Economics, in: Sherzod Abdukadirov (ed.), Nudge Theory in Action, pages 159-191, Palgrave Macmillan.
    • Handle: RePEc:pal:paichp:978-3-319-31319-1_7
    DOI: 10.1007/978-3-319-31319-1_7
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    Cited by:

    1. Cristina Álvarez-Sánchez & Isobel Contento & Alejandra Jiménez-Aguilar & Pamela Koch & Heewon Lee Gray & Laura A Guerra & Juan Rivera-Dommarco & Rebeca Uribe-Carvajal & Teresa Shamah-Levy, 2018. "Does the Mexican sugar-sweetened beverage tax have a signaling effect? ENSANUT 2016," PLOS ONE, Public Library of Science, vol. 13(8), pages 1-18, August.
    2. Giest, Sarah & Mukherjee, Ishani, 2018. "Behavioral instruments in renewable energy and the role of big data: A policy perspective," Energy Policy, Elsevier, vol. 123(C), pages 360-366.
    3. Kuriakose, Francis & Joseph, Janssen, 2019. "The Origin and Nature of Behavioural Development Economics," MPRA Paper 97079, University Library of Munich, Germany.

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