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ISET Economist Blog

A blog about economics in the South Caucasus by ISET
Givi Kupatadze has not set their biography yet
Jun
20

MINDSPACE: a New Way to Influence Behavior through Public Policy

WHEN SUCCESS SPEAKS TOO LOUDLY In November 2015, the National Audit Office of the UK has published a report saying: “The Department for Work and Pensions has successfully introduced automatic enrolment to workplace pensions for large and medium-sized employers.” The National Audit Office found that 58,000 employers have enrolled 5.4 million workers between October 2012 and August 2015. The huge increase in enrolment was due to a small policy change introduced by the UK government in October 2012. The Government switched the default option from one i...
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