CIA4U - Analysing Current Economic Issues Independent Study Project Creating A Nudge Report: Based on book Nudge by Richard Thaler and Cass Sunstein Goal: To create your own “Nudge Report” in response...

High school levelNeed a 6 page slideshow with speaker notes following outline in part 2and a 2 page paper following what is asked for in part 1


CIA4U - Analysing Current Economic Issues Independent Study Project Creating A Nudge Report: Based on book Nudge by Richard Thaler and Cass Sunstein Goal: To create your own “Nudge Report” in response to the changing economic reality of the COVID-19 pandemic. Knowledge to master: · Understand the concept of a “nudge” and how it can apply in different economic scenarios · Understand the basic behavioural influences and heuristics that influence the process of nudging · Understand the role of “choice architecture” · Identify a societal choice relating to the COVID-19 pandemic that can be influenced by a better design in choice architecture · Design your own nudge that can apply to improve the above choice Path to knowledge: · Read at least the following sections in Nudge by Richard Thaler and Cass Sunstein: · Part 1: Humans and Econs · Part 3: Health · Part 4: Freedom · Read the news on a regular basis seeking to identify behaviours and habits that have become a focal point of policy makers in response to the COVID-19 pandemic Task: Create a Nudge Report using the below outline for sections: · 1 - An Introduction to Nudging · 1.1 - What is a nudge? · 1.2 - What are common heuristics that form the foundation for nudging? · 1.3 - What is the role of a choice architect? · 2 - Nudging Examples · 2.1 - Describe in detail one challenge in choice architecture outlined in part 3 of the book, what nudge(s) was applied and what outcome was achieved using the nudge · 2.2 - Describe in detail a second challenge in choice architecture outlined in part 4 of the book, what nudge(s) was applied and what outcome was achieved using the nudge · 3 - Today’s Challenge · 1.1 - Identify a challenge in choice architecture created by the COVID-19 pandemic and the policy response (this can be in any location or jurisdiction) · 1.2 - Provide detail and background to the challenge you are presenting · 1.3 - What heuristic(s) or behavioural influence(s)is impacting this choice? · 1.4 - Explain what method(s) have been used in presenting the choice until this point · 4 - Your Nudge Design · 1.1 - As a choice architect for the challenge raised in Section 3, what nudge would you design to aid in the decision making process? · 1.2 - What evidence (ie other examples when this or a similar nudge was used) can you present that supports the potential effectiveness of your nudge? Acceptable Forms for Nudge Report · Written: A detailed and annotated paper · Oral: A detailed video or video series with an accompanying bibliography · Visual: A detailed and annotated slide show Success Criteria and Rubric Expectation 5 marks = exceeds expectation 0 marks = fails to meet expectation Knowledge Report reflects a thorough knowledge of the ideas referenced in the book Report reflects a thorough knowledge of the ideas referenced in accompanying research Application Report details a current challenge that appropriately applies to a nudge framework (ie is addressing a known heuristic or behavioural influence) Report offers a suggested nudge that clearly addresses the challenge Thinking Report shows that the current challenge is evaluated critically (ie - you can explain the challenge and why the current choice architecture is faulty) Report offers a creative nudge design (ie - your suggested nudge shows broad and creative thinking) Communication Report is presented clearly and understandably without errors in presentation (ie - spelling, grammar, well-spoken sentences, effective use of tables or charts) Report contains a minimum of 3 citations and 1 one direct quote per section Total Marks: 40