Can we learn from Nobel Prize-winning economist?

Use this board for general non-cycling-related chat, or to introduce yourself to the forum.
Post Reply
User avatar
horizon
Posts: 11275
Joined: 9 Jan 2007, 11:24am
Location: Cornwall

Can we learn from Nobel Prize-winning economist?

Post by horizon »

This man has won the Nobel prize for economics - it's interesting stuff:

https://www.theguardian.com/world/2017/ ... ard-thaler

(sorry for always providing a Guardian link but you will find information from other sources).

I'm wondering if the seemingly unbridgeable gap between driving and cycling could be closed somewhat by his approach. For example: car use isn't charged at the point of use, making it cheaper than it appears to use a car. The Cycle to Work scheme though seems to have been successful in encouraging people to invest in bikes. And what about the new dockless bike hire schemes, making cycling completely hassle free?

Any ideas?
When the pestilence strikes from the East, go far and breathe the cold air deeply. Ignore the sage, stay not indoors. Ho Ri Zon 12th Century Chinese philosopher
Bonefishblues
Posts: 11043
Joined: 7 Jul 2014, 9:45pm
Location: Near Bicester Oxon

Re: Can we learn from Nobel Prize-winning economist?

Post by Bonefishblues »

horizon wrote:So this man has won the Nobel prize for economics - it's interesting stuff:


Any ideas?

I think you may have re-ignited the "starting a sentence with so" debate :lol:
User avatar
al_yrpal
Posts: 11584
Joined: 25 Jul 2007, 9:47pm
Location: Think Cheddar and Cider
Contact:

Re: Can we learn from Nobel Prize-winning economist?

Post by al_yrpal »

The 'nudge' concept is good but only if if the nudge appears to give a very obvious tangible benefit to an individual. The benefits conferred by cycling do offer some benefits but suffer from many tangible disadvantages - often slower with longer journey times, possibility of getting sweaty, cold or wet, percieved as more dangerous and requiring lots of physical effort. Thats why our local paper is full of boring stories about folk who dont usually cycle making charity cycle rides to raise funds, cycling is generally regarded as a pastime for fitness freaks and nutters. So....in many cases the nudges dont work. Its only when the individual appreciates that they will be doing something for the environment, making themselves fitter and saving money outweighing those so obvious disadvantages that the nudge works. Human beings are generally lazy, avoid discomfort and are often prepared to pay to avoid effort and discomfort after all.

Keep on nudging Horizon!

Al
Reuse, recycle, thus do your bit to save the planet.... Get stuff at auctions, Dump, Charity Shops, Facebook Marketplace, Ebay, Car Boots. Choose an Old House, and a Banger ..... And cycle as often as you can......
User avatar
horizon
Posts: 11275
Joined: 9 Jan 2007, 11:24am
Location: Cornwall

Re: Can we learn from Nobel Prize-winning economist?

Post by horizon »

Bonefishblues wrote:
horizon wrote:So this man has won the Nobel prize for economics - it's interesting stuff:


Any ideas?

I think you may have re-ignited the "starting a sentence with so" debate :lol:


I thought you were going to ask whether Nobel was necessary on a bicycle . :mrgreen: :lol: :roll: . .
When the pestilence strikes from the East, go far and breathe the cold air deeply. Ignore the sage, stay not indoors. Ho Ri Zon 12th Century Chinese philosopher
User avatar
horizon
Posts: 11275
Joined: 9 Jan 2007, 11:24am
Location: Cornwall

Re: Can we learn from Nobel Prize-winning economist?

Post by horizon »

al_yrpal wrote:The 'nudge' concept is good but only if if the nudge appears to give a very obvious tangible benefit to an individual. The benefits conferred by cycling do offer some benefits but suffer from many tangible disadvantages - often slower with longer journey times, possibility of getting sweaty, cold or wet, percieved as more dangerous and requiring lots of physical effort.


Absolutely. But for example, one way systems in towns are often UPhill. Or cycle sheds located further away than car parks. Or there is no secure lock-up for your bike + gear. Or the tax allowance for bikes lower than that for cars (why?).
When the pestilence strikes from the East, go far and breathe the cold air deeply. Ignore the sage, stay not indoors. Ho Ri Zon 12th Century Chinese philosopher
Bonefishblues
Posts: 11043
Joined: 7 Jul 2014, 9:45pm
Location: Near Bicester Oxon

Re: Can we learn from Nobel Prize-winning economist?

Post by Bonefishblues »

horizon wrote:
Bonefishblues wrote:
horizon wrote:So this man has won the Nobel prize for economics - it's interesting stuff:


Any ideas?

I think you may have re-ignited the "starting a sentence with so" debate :lol:


I thought you were going to ask whether Nobel was necessary on a bicycle . :mrgreen: :lol: :roll: . .

Award yourself a hard-earned groan!
Stevek76
Posts: 2087
Joined: 28 Jul 2015, 11:23am

Re: Can we learn from Nobel Prize-winning economist?

Post by Stevek76 »

If you wander into behavioural studies a little more they tend to classify these interventions into 4 categories:

Hug: Obviously tangible encouragement - e.g. paid more to cycle to work
Nudge: less tangible/subconscious encouragement - I guess better infrastructure etc would come under this.
Shove: less tangible discouragement - congestion naturally provides this, also parking limits, perhaps even reallocation of road space
Smack: Obviously tangible discouragement - Road user charging etc.

Nudges are great, but as the stevenage discussion shows, it's not always enough. A few shoves/smacks are needed also. That doesn't necessarily mean those shoves are unfair. Road user charging is arguably just correctly charging car drivers for impacts on the economy that are currently externalised.
The contents of this post, unless otherwise stated, are opinions of the author and may actually be complete codswallop
Post Reply