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investment goods, people tend to err on the side of doing too little.
Cass R. Sunstein • Nudge: The Final Edition
Another common error in the psychology literature concerns what is called “mental accounting.” The Thorp, Kelly, and Shannon school of information theory requires that, for an investment strategy to be ergodic and eventually capture the return of the market, agents increase their risks as they are winning, but contract after losses, a technique cal
... See moreNassim Nicholas Taleb • Skin in the Game: Hidden Asymmetries in Daily Life
anchors serve as nudges.
Cass R. Sunstein • Nudge: The Final Edition
10% Less Democracy: Why You Should Trust Elites a Little More and the Masses a Little Less
amazon.com
Principles of Economics, an introductory textbook authored by John B. Taylor and Akila Weerapana,
Martin Ford • Rise of the Robots: Technology and the Threat of a Jobless Future
William Poundstone comments in Priceless: The Psychology of Hidden Value:
Dr. David Lewis • The Brain Sell: How the new mind sciences and the persuasion industry are reading our thoughts, influencing our emotions, and stimulating us to shop
improving one aspect of the choice architecture: how information is collected and made available to consumers. We call this Smart Disclosure.
Cass R. Sunstein • Nudge: The Final Edition

