Smoking, Financial Stress and Inequity Aversion (4/23)
11:25:00 PM
Topics: Smoking, Financial Stress and Inequity Aversion
1. Dhruv Khullar writes about successful behavioral-science based programs including an
employer sponsored behavioral-economics based reward program to help
employees quit smoking…that actually worked. A former boss once highlighted how
she reads People magazine to get a
sense of what the average American woman (the one who isn’t sipping green $5
organic non-GMO juices as she expertly slides through the closing subway doors
on her way to work) thinks. Likewise, I always find it interesting to read comments on
NYT articles involving behavioral economics—they often give a feel for the
extent to which people view libertarian paternalism as ‘tricks’ to make them
act in certain ways, or tools to help them make better or more efficient
choices.
2. The
Brookings Institute highlights ways Fintech apps are helping financially stressed families in contexts of scarcity find peace of mind
and a little stability.
3. I
recently wrote a paper on the neural correlates of inequity aversion and
fairness. Neuroscientist Dr. Molly Crocket talks about why we’re hardwired to reject (and sometimes reciprocate) unfairness here.
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