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https://www.youtube.com/watch?v=9X68dm92HVI https://www.youtube.com/watch?v=p9lPBqvN_u4 https://www.youtube.com/watch?v=p9lPBqvN_u4 https://www.youtube.com/watch?v=dqxQ3E1bubI Have you guys ever heard of the book titled Nudge by Nobel-prize winning Richard Thaler? Lots of amazing programs emerged as
https://www.youtube.com/watch?v=9X68dm92HVI https://www.youtube.com/watch?v=p9lPBqvN_u4 https://www.youtube.com/watch?v=p9lPBqvN_u4 https://www.youtube.com/watch?v=dqxQ3E1bubI Have you guys ever heard of the book titled Nudge by Nobel-prize winning Richard Thaler? Lots of amazing programs emerged as a result of both Richard Thaler and Cass Sunstein, co-author of Nudge. In my opinion, one of the best and most influential policies to emerge from this research was and is the "Cash for Clunkers" program, thought up by Cass Sunstein. It set up a government rebate to trade-in hefty gas guzzlers for new cars. In case you all don't remember 2008, it was a time of meltdown, recession, and bankruptcy. I was living in Florida at the time and gas hit $5.50 a gallon, which was an increase of $3.00 in a matter of months. Everyone was driving Hummers and Suburbans (or that enormous Ford Excussion!) in suburban Tampa/St. Pete. People couldn't trade in their rides for Priuses fast enough. Enter the Car Allowance Rebate System - CARS - where you could get up to $4500 on a new car if your present car was old enough. This helped the environment by getting old cars off the road, it stimulated the economy, and it helped Detroit (where I moved right after LA) to fund their retooling after the bankruptcies. Respond to the following prompt(s) or question(s): Which nudge policy (from the database or elsewhere) was the most innovative/creative? Why? You must choose a nudge policy that no one has mentioned before. Make sure to scan through the forum posts and make sure someone else hasn't used the nudge policy you are about to talk about! Thank you! What problems might arise from such a nudge policy/program? Is there a nudge policy/program you feel should be in place? What is it? Why would it work? What could a potential pitfall be
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