Policy 3: Behavioural “Nudge” Economics

Course Description

• You are a leader in strong relevant policy advice, and are ready to take on new skills to hone your craft. In Policy 3: Behavioural “Nudge” Economics, we will help you develop your policy-making skills and tools to be adaptive and responsive to the complexity of modern policy issues.
• In this half-day webinar, our experienced facilitators will give you tools that can help you design policies that are simpler and more user-friendly.
• We will explore and practice with you behavioural economics or “Nudge” economics as a proven tool in governments around the world for policy development, implementation and engagement that are better aligned with modern policy challenges.
• This webinar is the third in a 3-part suite that can be taken together or as stand-alone offerings. Policy 1: Reviewing the Fundamentals, Policy 2: Policy-making in a Changing Environment, and Policy 3: Behavioural “Nudge” Economics each build upon each other to help you craft the skills needed to succeed. Policy 3 is designed for more experienced policy analysts, leaders, and all policy analysts who have completed Policy 1: Reviewing the Fundamentals and Policy 2: Policy-making in a Changing Environment.

Learning Objectives:

• You will expand on your learnings from Policy 1: Reviewing the Fundamentals and from Policy 2: Policy-making in a Changing Environment, or from your work experience. 
• You will learn how conventional analysis can be supported by behavioural economic insights to improve the design and implementation of public policy. 
• You will explore and practice how concepts such as status quo bias, default options, loss aversion, anchoring and saliency bias can be used to “nudge” citizens toward better policy choices. 
• You will learn how governments can recognize behavioural biases that commonly affect policymakers and guard against these weaknesses.