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What would be an appropriate nudge to help people avoid

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Reference no: EM132563666

Question 1: Identify a common financial mistake that you see people make.

Question 2: Explain why the mistake happens using behavioral economics concepts (biases, noise, heuristics, nudges, etc.)

Question 3: What would be an appropriate nudge to help people avoid the mistake; why?

Question 4: How you would test whether it works?

Question 5: What could go wrong (pitfalls) with the nudge?

Question 6: Who (government, business, the individual?) should implement the nudge and why?

Reference no: EM132563666

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