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Jun 2023
19 m

Nudge by Richard Thaler and Cass Sunstei...

STORYSHOTS
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Show notes | PDF & Infographic | Your grocery store makes you buy junk food on purpose. Learn the Nobel Prize-winning psychology of why - and how to beat it with our Nudge book summary.

Learn on your terms. Get the PDF, infographic, full ad-free audiobook and animated version of this summary and a lot more on the top-rated StoryShots app: https://www.getstoryshots.com

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StoryShots Book Summary and Review of Nudge: Improving Decisions About Health, Wealth, and Happiness by Richard H. Thaler and Cass R. Sunstein


Life gets busy. Has Nudge been on your reading list? Learn the key insights now.

We’re scratching the surface here. If you don’t already have Richard H. Thaler and Cass R. Sunstein’s popular book on economics, psychology, and business, order it here or get the audiobook for free to learn the juicy details.


Do we make our own choices? Or do external factors influence our decisions at almost every level in life? Nudge explains how human choices result from certain behavioral economic factors.

The book explores why people choose the path with the least friction in decision-making. It also details how states and organizations use nudges to influence people's choices. This includes health, wealth, and happiness decisions. In the end, Nudge sheds light on the bias that creeps into the decision-making process.

Let Nudge be your guide in understanding how smaller decisions influence your behavior. This book isn't about denying freedom of choice. Rather, it introduces the concept of "libertarian paternalism." 

You'll learn about behavioral economics and how to identify, analyze, and control nudges. Discover how the principles in Nudge can improve your life by enhancing your decision-making skills. 


Richard H. Thaler is a behavioral science and economics professor at the University of Chicago. Nudge and Misbehaving: The Making of Behavioral Economics are among his bestselling books. He won the Nobel Prize in Economics and is widely praised for his work in behavioral economics. He's also featured in many publications and the blockbuster film, The Big Short.

His co-author, Cass R. Sunstein, founded Harvard Law School's Behavioral Economics program. He is also a professor at the University of Chicago and an author of renowned books like How Change Happens. From 2009 to 2012, Sunstein served in the Obama administration. He worked in the Office of Information and Regulatory Affairs as an administrator.

Thaler and Sunstein came up with Nudge at the University of Chicago. The idea was to show how states and organizations use nudges to influence people's lives. They also wanted to prove humans need some form of influence to live their best lives. To this end, here's a summary of ten key insights they discussed in the book:

StoryShot #1: Humans Think Using Two Cognitive Systems

StoryShot #2: There are Six Key Nudges

StoryShot #3: People Make Decisions Based on Options Presented to Them

StoryShot #4: Humans Need Nudges to Improve Their Financial Life

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