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Hunmeister's avatar

Regarding Musa al-Gharbi's except, I had a history professor at Swarthmore who observed that his "A" students became professors and his "C" students donated buildings. Guess that still holds true.

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Age of Infovores's avatar

Not only do nudges not work (in the sense of having limited benefits overall), they often have unintended consequences. From a recent review of financial studies paper:

“This paper studies the direct and indirect effects of nudging, by means of a field experiment with a financial management platform in Brazil. Reminders for upcoming credit card payments reduce credit card late-payment fees by 14%, but increase overdraft fees in checking accounts by 9%. The unintended effect is concentrated on users with a history of overdraft use. These users experienced a net increase of 5% in total fees, while the rest experienced savings of 15%. The results provide clear insights for nudge design: Like any policy action, nudges can have side effects, and one size may not fit all.”

The author Paolina Medina has several interesting nudge-related papers.

https://sites.google.com/site/paolinamedinapalma/research

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