Nudges for responsible finance? A survey of interventions targeted at financial decision making
Résumé
In a comprehensive review, we investigate how nudges can help financial decisionmakers allocate funds according to ethical considerations to promote sustainable development. We begin by identifying the main nudge frameworks and highlighting their many similarities, including the use of default options, making information more salient, and manipulating the framing of incentives. While nudges have been used in personal finance primarily to promote saving for retirement or avoiding credit card debt, they can also encourage socially responsible investment (SRI). We propose potential nudges in SRI and provide a primer on nudge implementation by reviewing methods for selecting effective nudges and ensuring their ethical acceptability.
Domaines
Sciences de l'Homme et SociétéFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Nudges for responsible finance? A survey of interventions targeted at financial decision making
|
Résumé |
en
In a comprehensive review, we investigate how nudges can help financial decisionmakers allocate funds according to ethical considerations to promote sustainable development. We begin by identifying the main nudge frameworks and highlighting their many similarities, including the use of default options, making information more salient, and manipulating the framing of incentives. While nudges have been used in personal finance primarily to promote saving for retirement or avoiding credit card debt, they can also encourage socially responsible investment (SRI). We propose potential nudges in SRI and provide a primer on nudge implementation by reviewing methods for selecting effective nudges and ensuring their ethical acceptability.
|
Auteur(s) |
Jean‐francois Gajewski
1
, Marco Heimann
1
, Luc Meunier
2
, Sima Ohadi
1
Laboratoire de Recherche Magellan
( 171535 )
- IAE Lyon - Université Jean Moulin Lyon 3 6 Cours Albert Thomas BP 8242 69355 Lyon cedex 08
- France
2
ESSCA Research Lab
( 108190 )
- 1, rue Joseph Lakanal 49003 ANGERS Cedex 01
- France
|
Vulgarisation |
Non
|
Audience |
Internationale
|
Comité de lecture |
Oui
|
Langue du document |
Anglais
|
Nom de la revue |
|
Date de publication |
2024
|
Volume |
31
|
Numéro |
2
|
Page/Identifiant |
755-1468
|
Date de production/écriture |
2023
|
Date de publication électronique |
2024
|
Domaine(s) |
|
Projet(s) ANR |
|
DOI | 10.1002/csr.2625 |
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