Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/130749
Authors: 
Michalek, Gabriela
Meran, Georg
Schwarze, Reimund
Yildiz, Özgür
Year of Publication: 
2016
Series/Report no.: 
Economics Discussion Papers 2016-18
Abstract: 
The idea of nudging has become increasingly popular in both academic and political circles. There are, however, many different interpretations of the term 'nudge' which blurs its scope. In this paper, the authors focus on the conceptualization of nudges and its functionality in reference to the Dual Process models. Further, they discuss the potential applications of nudging as an important extension of the current policy toolkit. In particular, the authors assess the potential of nudges to support habit formation and enhance the performance of the 'classical' economic instruments when used in the so-called instrument mix.
Subjects: 
nudging
behaviourally informed regulation
governance
JEL: 
A12
D03
D80
K20
Q58
Creative Commons License: 
http://creativecommons.org/licenses/by/4.0/
Document Type: 
Working Paper

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