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Evaluation

In: Default Nudges

Author

Listed:
  • Patrik Michaelsen

    (University of Gothenburg)

  • Cass R. Sunstein

    (Harvard University)

Abstract

In evaluating default nudges and other behaviorally informed interventions, it is essential to consider their welfare effects and their effects on distributive justice. Policymakers should ask four specific questions. (1) What are the aggregate effects on social welfare? (2) Who is likely to be helped and who is likely to be hurt? (3) What are the expected effects on the least well-off? (4) Do the benefits to those who are helped exceed the costs to those who are hurt? Those questions should be the foundation not only for the evaluation of behaviorally informed regulation, including nudges, but also for the evaluation of regulation in general.

Suggested Citation

  • Patrik Michaelsen & Cass R. Sunstein, 2023. "Evaluation," Springer Books, in: Default Nudges, chapter 0, pages 59-71, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-21558-2_4
    DOI: 10.1007/978-3-031-21558-2_4
    as

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