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Smith, Rebecca C.; Loibl, Cäzilia; Imam, Khurram; Jones, Lauren – Journal of Extension, 2020
Behavioral economics and its concept of nudges are rapidly influencing the design of community-based financial education programs. This article addresses why nudges can be useful tools for effective financial education, explains the different types of nudges introduced by behavioral economics research, presents evidence of their effectiveness from…
Descriptors: Extension Education, Money Management, Consumer Economics, Program Effectiveness