Author | Richard H. Thaler Cass R. Sunstein |
---|---|
Language | English |
Genre | Non-fiction |
Publisher | Yale University Press |
Publication date | April 8, 2008 |
Pages | 312 |
ISBN | 978-0-300-12223-7 |
OCLC | 791403664 |
This article needs additional citations for verification. (March 2024) |
Nudge: Improving Decisions about Health, Wealth, and Happiness is a book written by University of Chicago economist and Nobel laureate[1] Richard H. Thaler, and Harvard Law School professor Cass R. Sunstein, first published in 2008. In 2021, a revised edition was released, subtitled The Final Edition.
The book draws on research in psychology and behavioral economics to defend libertarian paternalism and active engineering of choice architecture.[2][3][4][5] The book also popularized the concept of nudge theory.[6] A nudge, according to Thaler and Sunstein is any form of choice architecture that alters people's behaviour in a predictable way without restricting options or significantly changing their economic incentives. To count as a mere nudge, the intervention must require minimal intervention and must be cheap.[7][8]
The book received largely positive reviews. The Guardian described it as "never intimidating, always amusing and elucidating: a jolly economic romp but with serious lessons within."[9] It was named one of the best books of 2008 by The Economist.[10]