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Government behavioural economics 'nudge unit' needs a shove in a new direction

Frain, Andrew James; Tame, Randal

Description

The Behavioural Economics Team of the Australian Government (BETA) or “nudge unit”, founded in 2015, is using behavioural economics in an effort to improve policy outcomes. The problem? Evidence shows it may be the wrong way to address major problems like inequality. Put simply, behavioural economics is severely limited in its approach to inequality. Fortunately, other psychological approaches are better suited. Behavioural economics is built on a particular tradition in psychology,...[Show more]

CollectionsANU Research Publications
Date published: 2017
Type: Commentary
URI: http://hdl.handle.net/1885/120968
Source: The Conversation

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