This document discusses how behavioral economics principles can be used to drive positive change. It outlines six behavioral economics concepts - path of least resistance, social proof, concreteness, incentives, pricing, and loss aversion - and provides examples of how each concept can be applied, such as using pre-selected options, social proof from reviews, and framing options in terms of gains versus losses. The document advocates that by understanding and applying these concepts, organizations can "hack human nature for good" and influence behaviors and decisions in a positive way.
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Using Behavioral Economics to Drive Positive Change
1. Hacking Human Nature for Good
Using Behavioral Economics to Drive Positive Change