Evaluation 1 of "When do "Nudges" Increase Welfare?"
Anonymous
No 2024-31, The Unjournal Evaluations from The Unjournal
Abstract:
The present paper reports on nudges failing to improve utilitarian welfare because they increase higher-order choice distortions. While the paper is highly complex in practically all regards, their general idea is important for public policy. The welfare losses implied by nudges may not be large, and real-life policymaking emphatically does not proceed by maximizing utilitarian welfare, but this paper could represent a step forward in how we think about policy incidence over the whole distribution of behaviors.
Date: 2024-04-29
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Persistent link: https://EconPapers.repec.org/RePEc:bjn:evalua:welfarenudges-e1
DOI: 10.21428/d28e8e57.480a4d04/dfac42b8
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