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- Title
NUDGE.
- Authors
Singh, Siddharth
- Abstract
Improving Decisions about Health, Wealth and Happiness,-Richard H. Thaler, Cass R. Sunstein, Yale University Press, New Haven Et London "Status quo bias" says that the humans stick to status-quo and prefer to go with the default options in a situation where they are faced with multiple choices between picking a default (recommended feature) and making a custom choice. Economic theory considers money as "fungible" but mental accounting considers it as non-fungible and assigns money for different purposes which cannot be infringed cutting down on temptation The state has ownership over the organs of the individuals and state has right of removal over it.
- Subjects
NUDGE: Improving Decisions About Health, Wealth &; Happiness (Book); THALER, Richard H., 1945-; SUNSTEIN, Cass R. (Cass Robert), 1954-; NUDGE theory; ECONOMIC decision making; ECONOMICS; ELECTRONIC filing of tax returns; NONFICTION
- Publication
IASSI Quarterly, 2019, Vol 38, Issue 1, p154
- ISSN
0970-9061
- Publication type
Book Review