Law & Economics

Foundations of Law and Economics

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Nudge Design

The design of defaults, reminders, framing, timing, and simplification to influence decisions without eliminating available options.

Why It Matters

Nudge design provides a neutral framework for testing how small institutional changes affect savings, disclosure comprehension, consumer choice, voting, and administrative compliance.

Reading the Measure

A working relation and an interpretive limit for corporate-finance use.

Interpretive caution

A nudge should not be assumed effective or welfare-improving. Evaluation should identify the objective, comparison condition, heterogeneous effects, opt-out costs, and the evidence supporting the intervention.

Selected Literature

A short list of directly relevant archive entries.

Related Cases

1707

Foundations of Law and Economics

Keeble v. Hickeringill

11 East 574, 103 Eng. Rep. 1127 (K.B. 1707)

Property protection, malicious interference, and incentives to make productive use of land.

1805

Foundations of Law and Economics

Pierson v. Post

3 Cai. R. 175 (N.Y. Sup. Ct. 1805)

First possession, capture rules, and the administrability of property rights in wild animals.

1854

Foundations of Law and Economics

Hadley v. Baxendale

9 Exch. 341, 156 Eng. Rep. 145 (1854)

Foreseeability, information disclosure, and limits on consequential damages for breach of contract.

1879

Foundations of Law and Economics

Sturges v. Bridgman

11 Ch. D. 852 (1879)

Nuisance, coming to the nuisance, and reciprocal conflicts over incompatible land uses.