Can nudge do more than regulation? The case for a behavioral approach to financial capability

Imagine a very low-income country, where women predominantly give birth in their homes and sick people are cared for and die at home. If you wanted to step in and make a measurable change to reduce mortality in two years, would you (a) draft regulations, provide trainings, and organize study tours for the ministry of … Continue reading Can nudge do more than regulation? The case for a behavioral approach to financial capability