Quick Thoughts on Boosting Versus Nudging

20 Aug
I only recently learned about the term “boosting”. Boosting takes a different worldview of addressing a person’s competencies whereas nudging tends to address immediate behavior. There does appear to be some overlap between boosting and System 2 nudges (where the ... Read more »

Example Companies Involved with Behavioral Economics

1 Jul
Here are some firms and practice groups in the behavioral science and economics space: Behavioral Insights Team – Home – Behavioural Insights Team BEworks – Home – BEworks BeSmart at Boston Consulting Group BVA: BVA : BVA Nudge Unit The ... Read more »

What Is It Like to Work in a Nudge Unit?

16 May
This post is based on a question that was posed to me on Quora, What does it look like to work at the Behavioural Insights Team, or any other Nudge Unit? If you are interested in nudging within the government context, ... Read more »

Is Behavioral Economics Used in Business?

19 Apr
This post is reproduced from an answer that I wrote on Quora to the question posed to me, “Is Behavioral Economics Actually Used in Business?” Broad, conscious, and concerted efforts to apply behavioral economics probably did not begin until sometime ... Read more »

Behavioral Economics Versus Behavioral Science

17 Apr
There will be different perspectives on the definitions of these two terms depending on context. Put simply, behavioral economics lies at the intersection of economics and psychology. Behavioral science is a somewhat broader term than behavioral economics as it is ... Read more »

On Digital Tools, Behavioral Economics, and Retirement

8 Dec
Just wanted to share a Harvard Business Review post by my colleague, Shlomo Benartzi. In a nutshell, the digital world opens up many possibilities to apply behavioral economics to help people. Shlomo mentions some research that he, Hal Hershfield, and ... Read more »

Reflecting on Heuristics

18 May
I was recently asked on Quora, “Should one use heuristics at all as they are prone to cognitive biases?” What follows are my thoughts. Heuristics usually allow people to make quicker decisions. For example, when catching a fly baseball, sometimes ... Read more »

Implementing Behavioral Science Initiatives

12 Oct

Applied behavioral science is a relatively new concept within the business community. This short video is part of planned series of videos to increase awareness and improve the implementation of behavioral science initiatives in business. These videos complement material from the book, Inside Nudging: Implementing Behavioral Science Initiatives.

This video addresses predominant organization types, implementation elements, and Behavioral GRIT™.

More information on predominant organization model and implementation elements may be downloaded from the support materials page for Inside Nudging and Appendix A.

And for more on meaning-driven innovation, see another post I wrote here.

More short behavioral science videos by Steve Shu