Abstract
Derived from the field of behavioural economic research, the policy approach of “nudging” has now been under discussion for some time. This approach, often described as a liberal, social or soft paternalism, seeks to engender changes in the behaviour of people with gentle nudges* as opposed to bans and commandments. This concept may also be able to open up new possibilities the field of financial consumer protection.
Original language | English |
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Title of host publication | Yearbook 2014 : Cui Bono? Yearbook 2014 On the Protection and Responsibilities of Banks and Consumers |
Editors | Hubertus Vath |
Place of Publication | Frankfurt am Main |
Publisher | Frankfurt Main Finance |
Publication date | 2014 |
Pages | 48-49 |
Publication status | Published - 2014 |