There are Free Lunches Statement of Intentions

There are Free Lunches: Behavioral Clues to Live Happy in the Economic World is a blog that intends to present updated and relevant information about the "hidden" and only recently uncovered dimensions of the economic science: the behavioral factors. With this blog we intend to promote in Europe and in the rest of the World, the top research articles and perspectives on behavioral economics, decision making, consumer behavior, and general behavioral science. We aim to be followed by journalists, academics, managers, civil servants, and everyone who wishes to improve their daily interaction with the economic world and consequently, their lives' happiness.

Sunday, 6 May 2012

O2 #2 Nudging Students Into College (via The Wall Street Journal)

A new study finds that a simple intervention can raise college-enrollment rates among low-income students by 8 percentage points.
Policymakers have long suspected that the daunting Free Application for Financial Aid (longer that the IRS’s Form 1040) acts as a hurdle to college enrollment. In an experiment, they tested whether having tax experts fill out FAFSA when families sought help with their taxes, at H&R Block, would help. It did, in a big way.

Read about this impressive study, about how a small behavioral intervention can have a huge social impact, here: NudgingStudentsCollege

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