How do you keep people from gathering with friends and family during a pandemic? How do you improve school attendance among preschoolers? How do you make sure taxpayers pay their fair share? These are some of the questions researchers seek to solve so countries can continue to grow and prosper. Many issues come down to human behavior and how the right policy tools can nudge … [Read more...] about Compiling Latin America and the Caribbean’s Largest Repository of Behavioral Interventions
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Cass Sunstein on Misconceptions, Biases and How Latin America Can Harness Behavioral Economics
Cass Sunstein is a Harvard law professor, a former administrator of the White House Office of Information and Regulatory Affairs, and one of the most prolific and admired legal scholars in the United States. He is also a leading light in the field of behavioral economics whose 2008 pioneering book Nudge, co-written with Nobel Prize laureate Richard Thaler, describes the many … [Read more...] about Cass Sunstein on Misconceptions, Biases and How Latin America Can Harness Behavioral Economics
Behavioral Interventions on One Tax Can Boost Compliance Across the Board
Can interventions from behavioral economics get people to pay their taxes? It is a question of the greatest urgency in Latin America and the Caribbean where evasion of personal and corporate income taxes reaches as high as 50% in many countries, with significant impact on their scope of options. The short answer is that behavioral interventions can be crucial. As has been … [Read more...] about Behavioral Interventions on One Tax Can Boost Compliance Across the Board
Making Better Food Choices in 2019
Why do so many New Year’s resolutions revolve around food? It's probably because so many of us eat without restraint, gorging ourselves on extra-large portions; because we know we should be eating less junk and more fruits and vegetables, but still end up reaching for that cookie. It's because what we eat and what we know we should eat don't line up. But it's not only our … [Read more...] about Making Better Food Choices in 2019
What Behavioral Economics Can Do for the G20
If you are reading this blog, you are most likely a person with limited rationality. If you doubt that, ask yourself, if you have ever over-snoozed your morning alarm or eaten beyond your point of hunger? Humans, as it turns out, often fail to act in their best self-interest. We fail to follow through on intended goals and undervalue, or discount, the importance of the future. … [Read more...] about What Behavioral Economics Can Do for the G20