When Should Governments Invest More in Nudging? Revisiting Benartzi et al.
Tor and Klick revisit the work of Benartzi and colleagues, which compared effectiveness and costs to argue that behavioural interventions offer more cost-effective means than traditional regulatory instruments, and that governments should invest more in nudging. They take a closer look at the original data and analysis, focusing on how key cost elements are included or excluded and on the role of cost-effectiveness analysis in policy selection.
Tor and Klick revisit the work of Benartzi and colleagues, which compared effectiveness and costs to argue that behavioural interventions offer more cost-effective means than traditional regulatory instruments, and that governments should invest more in nudging. They take a closer look at the original data and analysis, focusing on how key cost elements are included or excluded and on the role of cost-effectiveness analysis in policy selection.
Written from the abstract as shown on the OpenAlex record, read 2026-11-04.
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(2017).' Review of Law and Economics, 18(3), 347-376. doi:10.1515/rle-2021-0048