Nudging is the Architecture of Choice in the World of Banking

Nudge Theory and Legal Protection of Whistleblowers

“…However, it is worth pointing out right now that nudging is still a relatively little-known tool in the legal literature (see Alemanno, Simony 2015; Santos Silva 2022), even though, as Cserne (2015) noted, "empirical research on human behaviour has become increasingly relevant in both public policy debates and legal reforms". What's more, nudging is often analyzed in the context of the dangers it poses, particularly in the area of consumer-business relations and considerations of the relationship between nudging and manipulation (see Wilkinson 2013;Kemmerer et al 2015;Rosa 2022;. This is especially true for entrepreneurs, including financial institutions and technology companies, who abuse their position stemming from information asymmetry and use a variety of techniques to influence a consumer's decision that is favorable to themselves (see Yeung et al 2017;Weiyi Cai 2020).…”