Archive for the ‘Behavioral economics’ Tag

Benevolence Backfires: The Cobra Effect   Leave a comment

Link: https://wordsandnumbers.libsyn.com/benevolence-backfires-the-cobra-effect

Sometimes laws with good intentions have unforeseen results that end up hurting the people they were meant to protect. James Harrigan and Antony Davies discuss the cobra effect and how government policy decisions bring about unintended consequences.

Original Air Date: September 4, 2019

Length: 33 Minutes 15 Seconds

Mask Communication   Leave a comment

Link: https://www.npr.org/2020/08/07/900273012/mask-communication

This podcast uses behavioral economics to analyze the reasons why people may refuse to wear masks. Economists believe when these individuals feel external constraints on their freedoms, they feel even less inclined to wear a mask. Behavioral economists discuss nudges/incentives that could be effective in this situation.

Original Air Date: August 7, 2020

Length: 26 minutes 26 seconds

Discussion Prompt: What are some other incentives you can think of that would influence more widespread mask wearing?