Nudge

Nudge
MASTERY QUIZ

Nudge

Test your knowledge with 45 questions across 3 challenge tiers

πŸ₯‰ Fundamentals
πŸ₯ˆ Deep Dive
πŸ₯‡ Expert
Key Vocabulary

Master These Concepts

Review these key terms before taking the quiz

01

Richard Thaler

The economist and Nobel laureate who co-authored Nudge developing libertarian paternalism

Example

Thaler pioneered behavioral economics showing how choice architecture affects decisions

02

Cass Sunstein

The legal scholar who co-authored Nudge applying behavioral insights to policy and law

Example

Sunstein has written extensively on regulation and the ethics of government nudging

03

Nudge

Any aspect of choice architecture that alters behavior predictably without forbidding options or changing incentives

Example

A nudge makes certain choices easier or more salient while preserving freedom

04

Choice Architecture

The design of environments in which people make decisions

Example

Choice architects shape decisions through defaults framing and option presentation

05

Libertarian Paternalism

The philosophy of designing choices to help people while preserving their freedom to choose

Example

Libertarian paternalism guides without mandating improving outcomes while respecting autonomy

06

Default Options

The pre-selected choices that apply if someone does nothing

Example

Defaults are powerful because people tend to stick with them whether optimal or not

07

Econs

Hypothetical perfectly rational beings who always maximize utility

Example

Econs are the fictional humans of standard economics who never make systematic errors

08

Humans

Real people who use heuristics make predictable errors and are influenced by context

Example

Unlike Econs Humans are affected by defaults framing and cognitive biases

09

RECAP

Record Enhance and Preserve Alternative Comparison

Example

RECAP is a disclosure system making complex information like fees more accessible

10

Save More Tomorrow

A program where people commit to increasing savings rates with future raises

Example

Save More Tomorrow uses present bias and inertia to increase retirement savings

11

Status Quo Bias

The preference for the current state of affairs over change

Example

Status quo bias makes defaults sticky because change requires effort

12

Framing

How the presentation of information affects choices even when substance is identical

Example

Framing effects show that how options are described changes what people choose

Choose Your Challenge

Select a Quiz Tier

Complete each tier to unlock the next and earn your badges.

3

Fundamentals

TIER 1 β€’ READER BADGE

10 Questions ~5 min 80% to pass
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2

Deep Dive

TIER 2 β€’ SCHOLAR BADGE

15 Questions ~10 min 80% to pass
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1

Expert

TIER 3 β€’ MASTER BADGE

20 Questions ~15 min 85% to pass
πŸ”’ Pass Deep Dive to Unlock

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