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The Latest Breaking News from Richard Thaler

Buy now, panic later is the new holiday ritual – stopping it won’t be easy

The holiday season brings celebration and gift-giving, but it also ushers in something less festive: financial stress. In the UK, retailers now shape much of the spending calendar, with Black Friday one of the busiest shopping events of the year.

The Conversation

You can rebook an Indigo flight. You can’t rebook your lungs

A reiteration of the obvious is never wasted on the oblivious – Percival Everett, Erasure.I'm a man of contradictions, I'm a man of many moodsI contain multitudes– Bob Dylan, I contain multitudes. On December 6, I wrote a piece for Newslaundry explaining why India has been held hostage by a single airline: IndiGo. It went viral…

Newslaundry

The Rs 444 question: Why India banned online money games

Hungama hai kyun barpaa thodi si jo pee li haiDaakaa to nahi maara chori to nahi ki hai– Akbar Allahabadi On August 21, Parliament slammed the brakes on online money games by passing the Promotion and Regulation of Online Gaming Bill, 2025. The government’s press release made its intent clear:…

Newslaundry

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Inside the scandal that rocked behavioural science – and paved the way for revolution

LET’S UNPACK THAT: Five years after a widely revered study was debunked as totally bogus, Helen Coffey asks the experts whether trust in the sexiest branch of science has been irrevocably eroded – and how to discern between fact and fiction when bold claims make their way into the mainstream

The Independent UK

What is Nudge Theory? Why This 15-Year-Old Idea is Still Controversial

It’s been 15 years since a particular concept of behavioural science went mainstream. But does it actually work as expected, or was data cherry-picked?

Inverse

Nudge theory: what 15 years of research tells us about its promises and politics

It’s been 15 years since a particular concept of behavioural science went mainstream. “Nudge theory”, the notion that our behaviour can be successfully influenced through “soft” interventions, has subsequently appealed to plenty of people seeking to change the way we live.

The Conversation

Journalists needs to be more critical of the way governments use 'nudging' to change our behaviour – here's why

Suppose you are in a pub with friends. You drink a few beers, have a good time, and head home. The following morning you realise your headache is milder than usual. You then discover that you were part of an experiment where the glasses at the pub were 25% smaller.

The Conversation

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Are nudges sinister psychological tricks? Or are they useless? Actually they are neither

Nudging – the idea that simple changes to how a choice is presented can lead people to make better decisions – has been one of the most popular ideas to emerge from economics in the past two decades.

The Conversation

We Are Not In A Recession And Inflation Is The Reason Why, Says Nobel Prize-Winning Economist

Richard Thaler is the 2017 recipient of the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics. Thaler researches decision-making psychology, which bridges the gap between economics and psychology, as well as behavioral finance and economics.

Benzinga

How complex is your life? Computer scientists found a way to measure it

Nobel laureate economist Richard Thaler famously quipped:

The Conversation

What nudge theory got wrong

Is behavioural public policy a distraction from finding systemic solutions?

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