Want to Keep Your New Year’s Tech Resolutions? Embrace Sludge
Sludge is particularly easy to apply—and likely to be effective—for people who are trying to use technology less.
Sludge is particularly easy to apply—and likely to be effective—for people who are trying to use technology less.
The behavioral science joke landscape was pretty bleak. Until now.
The congressional tax overhaul avoids a common behavioral mistake that would have increased revenue in the short term at the expense of future tax revenue.
Buzzer-beating shots lead to heartbreak and the desire to blame someone for the loss. The real culprit may be that luck follows a bell curve.
In the mid-60s, Chicago economist Milton Friedman coined the phrase “We’re all Keynesians now.” Half a century later, we might say instead: “We’re all behavioral economists now.”
Richard Thaler, an economist at the University of Chicago’s Booth School of Business, is this year’s recipient of the Nobel Prize in Economics.