2008
DOI: 10.1007/s11002-008-9044-3
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How behavioral decision research can enhance consumer welfare: From freedom of choice to paternalistic intervention

Abstract: Behavioral decision research, Consumers, Interventions,

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Cited by 64 publications
(63 citation statements)
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References 46 publications
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“…One feature of easy-to-visualize information is that people can more readily see whether they have fallen short of doing what is required. In that sense, an easy-to-visualize guideline can make it easier to get the needed feedback about whether the desired action has been obtained (52).…”
Section: Characteristics That Promote Actionabilitymentioning
confidence: 99%
“…One feature of easy-to-visualize information is that people can more readily see whether they have fallen short of doing what is required. In that sense, an easy-to-visualize guideline can make it easier to get the needed feedback about whether the desired action has been obtained (52).…”
Section: Characteristics That Promote Actionabilitymentioning
confidence: 99%
“…Ratner et al ( 2008 ) raise the important issue of the legitimacy of limiting consumer freedom by disseminating messages that encourage specifi c actions (e.g., smoking cessation). They remind us that once health messages intended to increase personal and public welfare are released to the public, the consumer is free to choose adherence or non-adherence.…”
Section: "Nudging" Vs Coercingmentioning
confidence: 99%
“…Sample Warnings C and D are more coercive, clearly instructing the recipient to adopt the desired healthier behaviors (e.g., avoid water contact and call Quitline). Ratner et al ( 2008 ) discuss several natural cognitive and emotional biases that may be counteracted to assist consumers in making better medical decisions. For example, consumers who deliberate excessively tend to focus too much on less relevant criteria (Wilson and Schooler 1991 ), become more emotionally attached to the options (Carmon et al 2003 ), and experience lower post-decision satisfaction (Dijksterhuis et al 2006 ).…”
Section: "Nudging" Vs Coercingmentioning
confidence: 99%
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