on behavioural economics

this post is incomplete

Problem: People repeatedly make decisions that undermine their own long term well being.

Solution: Give people the satisfaction they need in the short term and the outcomes that want in the long term.

Human don’t make good decisions.

1. Health
   • Stop smoking
   • Exercise more
2. Education
   • Study better
   • Teach better
   • Learn better
3. Personal Finance
   • Save more money

Example:

• The Nudge Unit in the UK government.

Leading People:

• Danny Kahneman
• Amos Tversky
• Richard Thaler
• Nassim Taleb