How Governments Nudge Us

Whether it’s plastic straw use, energy conservation, or flu vaccinations, governments use nudges to influence our decisions.

Why We Like Lotteries

We can ask why our lottery ticket spending has been $70 billion annually when we have such an infinitesimal chance of winning.

Infrastructure’s Hiding Hand

When politicians plan to update our transportation infrastructure, they are influenced by a hidden hand that can be benevolent or malevolent.

Our Taxi Tips

For every cab ride, NYC records the place, time, fare (and the tip if a credit card is used). Using the taxi database, Gawker was able to figure out Kourtney Kardashian’s and Judd Apatow’s tips because of time stamped photos that included a taxi medallion number. We…

Five Ways to Look at Income Inequality

More than what we earn, income inequality can also be about age, education, race and the diversity of bugs that live in our homes.

The Response to Calorie Labels

Although research shows the impact is small, the Affordable Care Act will soon mandate calorie labels and nutrition information in restaurant chains.

Government Nudge Squad Questions

A government Nudge Squad that compensates for our irrational behavior is dealing with policy makers with the same behavioral economics irrationalities.

Some Warren Buffett Investing Wisdom

Guilty of probability neglect, we should listen to Warren Buffett’s advice on investing and use cost/benefit analysis whenever emotions overwhelm logic.

Do You Want a Healthcare Nudge?

Primarily for fiscal reasons, in Japan, most 40-74 year olds get their waist size checked each year. A part of the required annual physical exams from local government or employers, waist size is monitored because an obese population can be expensive.…

Can We Use Happiness to Evaluate Tobacco Legislation?

Mandated by Ronald Reagan and approved by subsequent presidents, cost-benefit analysis of federal regulation could be inaccurate for new tobacco regulation.