What is nudge in behavioral economics

Nudge proposes positive reinforcement and indirect suggestions as ways to influence the behavior and decision making of groups or individuals.

Nudge is a strike with the point of the elbow, the part of the forearm nearest to the elbow, or the part of the upper arm nearest to the elbow.

The tendency to favor information in a way that supports one’s prior beliefs or values.

The bias that confirms that election outcomes nowadays are typically fake news.

The active formation of beliefs based on what might be pleasing to imagine.

Module 4 Quiz >>> What is nudge in behavioral economics >>> Big Data, Artificial Intelligence, and Ethics