Economics · Behavioral Economics
Which of the following best distinguishes a nudge from a traditional incentive-based intervention?
- 1A nudge relies on formal rules to enforce compliance
- 2A nudge alters the choice environment without significantly changing economic incentives✓
- 3A nudge restricts the availability of undesirable options
- 4A nudge increases the monetary payoff associated with a preferred choice
Correct answer
A nudge alters the choice environment without significantly changing economic incentives
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