An interview with Jere Behrman: Professor of Economics at the University of Pennsylvania

I want to begin with your work in certain states in sub-Saharan Africa, where there is a preference towards having boys rather than girls. That is especially the case during famine – how can this be best resolved? The first thing is to distinguish between preferences and incentives – that is, if markets reward men more than women, parents will be incentivised into having boys. … Continue reading An interview with Jere Behrman: Professor of Economics at the University of Pennsylvania

Nudge spelled out from dice with letters on

Nudges: Will they work forever?

As has been well-documented in academic research, people are by no means rational. In their book ‘Nudges’, Thaler and Sunstein famously describe two types of thinking: system 1 and system 2. The former is a more automatic method involving quick judgement calls which are more prone to irrationality, while the latter is much more deliberate, and less prone to external influences. From the moment we … Continue reading Nudges: Will they work forever?