Thaler 2018 Thaler Sunstein 2008.
And it causes people think in the wrong way(Sunstein 2005).
And it causes people to
take an excessively narrow view of the situation(Sunstein 2005).
Finally, behavioral economics suggests ways how policy makers might
restructure environments to facilitate better choices(Sunstein, 2014).
For Sunstein, the solution is to build more public forums,
where people will run into the other side more often.
As Sunstein says, we have historically depended on these“general
interest intermediaries” to frame and articulate our sense of shared reality.
Legal scholar Lawrence Lessig and Sunstein too had identified this phenomenon of group
isolation on the internet in the late 1990s.
In this book, professors Thaler and Sunstein- pioneers in the field of behavioral economics-
start with the idea that human beings are not rational.
Legal scholar Lawrence Lessig and Sunstein too had identified this phenomenon of Cognitive
radio thesis pdf file isolation on the internet in the late s.
Finally, in his most recent work with Cass Sunstein of Harvard, well described in their book Nudge,
they have broken new ground in welfare economics.