Research task
The Nudge Unit is the name given to the government's behavioural insights team, a small department set up to
change behaviour using psychological principles. (see page 13 of
textbook). The work of the Nudge Unit varies but
much of it has been focused on gains for the economy and
preventing financial waste.
1. Do some research and find out three policies the Nudge Unit has introduced. How successful have they been
in saving money for the economy?

Question

13-05-2024
Business

Answered

Research task
The Nudge Unit is the name given to the government's behavioural insights team, a small department set up to
change behaviour using psychological principles. (see page 13 of
textbook). The work of the Nudge Unit varies but
much of it has been focused on gains for the economy and
preventing financial waste.
1. Do some research and find out three policies the Nudge Unit has introduced. How successful have they been
in saving money for the economy?

Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-05-13T04:36:25-04:00

Final answer:

The Nudge Unit has introduced policies like default rules, precommitment strategies, and information disclosure to influence behavior positively and achieve economic gains.

Explanation:

Default rules: Automatic enrollment in programs like education, health, and savings to increase participation. Precommitment strategies: Having people commit to a certain course of action, promoting follow-through. Information disclosure: Sharing costs associated with energy use to influence decisions.

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