An important strand of economic analysis suggests that nudges — non-coercive policies like providing relevant information or adjusting defaults — can significantly change economic behavior. This contrasts with traditional regulation and taxation, which are coercive in the sense of changing the prices or costs faced by economic agents.
Yes, it involves a mandate, but the case for considering it a nudge is that a) posting this info has almost no cost to the employer, and b) posting this info does not restrict consumer behavior of change the price of fast food meals.
Yes, it involves a mandate, but the case for considering it a nudge is that a) posting this info has almost no cost to the employer, and b) posting this info does not restrict consumer behavior of change the price of fast food meals.
Isn’t the fast food example a government mandate rather than a nudge per se?