Tuesday, November 8, 2011

NudgeNews Nov. 8, 2011

Credit: Salvatore Vuono
By Pelle Guldborg Hansen

Everyday quite a few articles, blogs and papers on Nudge and related issues are made available online. NudgeNews is our way of trying to facilitate a better understanding of nudging by giving you access and an overview.

Nov. 8, 2011. 
Writing for Forbes magazine, Michael Millenson reports from the annaual meeting of the Society of Medical Decision Making where the use of insights from behavioral economics on the medical marketplace were discussed in relation to ethical issues (published Nov. 7)
The Fine Line Between Shared and Manipulated Medical Decisions

Healthcanal.com reports a study from Psychological Science "Leaning to the Left Makes the Eiffel Tower Seem Smaller: Posture-Modulated Thought" apparently showing that estimates are affected by you balance. On the great side, the study used a Wii-board to measure balance. On the bad side, I'm inclined to think that there may be some issues on the direction of causality - still, I'm looking forward to reading it.
Which Way You Lean—Physically—Affects Your Decision-Making

On his blog Kowing and Making - a blog about cognitive and behavioural economics - Leigh Caldwell discusses a criticism of Libertarian Paternalism pointing to an inconsistency of this doctrine. The criticism was originally published in the Wall Street Journal in a review of Kahneman's new book Thinking fast and slow. The review may be found in our post of posts. Leigh Caldwell's puts forward a series of a convincing counter-arguments - except for the last one he mentions. Read the post here:
Does Nudge require regulators to be "more rational" than consumers?

That was all for today.

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