TBD…
Problem
People often make predictable mistakes in judgment.
Action
Test important assumptions against facts before acting.
Outcome
Decisions become more accurate.
Chapter: Humans and Econs - Biases and Blunders
Problem
Immediate desires often override planned behavior.
Action
Set rules in advance that limit impulsive choices.
Outcome
Self-control improves.
Chapter: Humans and Econs - Resisting Temptation
Problem
People often copy the crowd without enough thought.
Action
Judge options on their own merits before joining others.
Outcome
Choices better fit personal interests.
Chapter: Humans and Econs - Following the Herd
Problem
Complex decisions increase the risk of mistakes.
Action
Provide guidance when choices are confusing or unfamiliar.
Outcome
Better decisions are made.
Chapter: The Tools of the Choice Architect - When Do We Need a Nudge?
Problem
People often choose the option that requires the least effort.
Action
Design environments so that preferred options are easiest to select.
Outcome
Helpful behaviors occur more often.
Chapter: The Tools of the Choice Architect - Choice Architecture
Problem
People often forget to take useful actions.
Action
Deliver reminders and feedback when decisions are being made.
Outcome
Follow-through improves.
Chapter: The Tools of the Choice Architect - But Wait, There’s More
Problem
People struggle when important information is difficult to compare.
Action
Show key facts in a simple and consistent format.
Outcome
People make more informed choices.
Chapter: The Tools of the Choice Architect - Smart Disclosure
Problem
Extra effort prevents people from completing beneficial tasks.
Action
Eliminate steps that do not add value.
Outcome
Participation increases.
Chapter: The Tools of the Choice Architect - #Sludge
Problem
People often save less than they need.
Action
Automatically commit a portion of future income increases to savings.
Outcome
Long-term savings grow steadily.
Chapter: Money - Save More Tomorrow
Problem
Positive financial habits can fade over time.
Action
Use automatic structures that keep good choices in place.
Outcome
Financial progress becomes more durable.
Chapter: Money - Do Nudges Last Forever? Perhaps in Sweden
Problem
People often underestimate the long-term cost of debt.
Action
Examine total borrowing costs and terms before accepting credit.
Outcome
Costly financial mistakes become less likely.
Chapter: Money - Borrow More Today: Mortgages and Credit Cards
Problem
People often spend too much protecting against minor risks.
Action
Focus insurance coverage on events with major financial consequences.
Outcome
Protection becomes more cost-effective.
Chapter: Money - Insurance: Don’t Sweat the Small Stuff
Problem
Many people fail to act even when they support an outcome.
Action
Make the preferred option the default while allowing opt-out.
Outcome
Participation rates increase.
Chapter: Society - Organ Donations: The Default Solution Illusion
Problem
People often avoid sustainable choices when they require extra effort.
Action
Design simple options that reduce resource use.
Outcome
Environmental outcomes improve.
Chapter: Society - Saving the Planet
Problem
People resist advice when they feel controlled.
Action
Recommend preferred options without removing alternatives.
Outcome
Guidance is more widely accepted.
Chapter: The Complaints Department - Much Ado About Nudging