QUESTION 8 A nudge is any aspect of the choice architecture that alters people's behavior in a predictable way without forbidding any options or significantly changing their economic incentives. Which of the following would not count as a nudge? O In Britain, the government was concerned that citizens were not saving enough for their retirement. Rather than legally requiring citizens to enroll in a pension scheme, the government made pension enrolment an opt-out, rather than an-opt in, system, meaning that, if you didn't want to enroll in a pension scheme, you simply had to call and opt out. O The American grocery store Pay & Save placed green arrows on the floor leading to the fruit and veg aisles to encourage people to eat more fruits and veggies. O The Amsterdam airport installed small airplane shape stickers in the urinals to prevent spillage O Company ABC banned junk food to lower blood pressure of their workers.

QUESTION 8 A nudge is any aspect of the choice architecture that alters people's behavior in a predictable way without forbidding any options or significantly changing their economic incentives. Which of the following would not count as a nudge? O In Britain, the government was concerned that citizens were not saving enough for their retirement. Rather than legally requiring citizens to enroll in a pension scheme, the government made pension enrolment an opt-out, rather than an-opt in, system, meaning that, if you didn't want to enroll in a pension scheme, you simply had to call and opt out. O The American grocery store Pay & Save placed green arrows on the floor leading to the fruit and veg aisles to encourage people to eat more fruits and veggies. O The Amsterdam airport installed small airplane shape stickers in the urinals to prevent spillage O Company ABC banned junk food to lower blood pressure of their workers.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter3: Preferences And Utility

Section: Chapter Questions

Problem 3.9P

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