Mark Egan
Biographic Data
| ID | 3582117 |
|---|---|
| NAME | Mark Egan |
| GIVEN NAMES | Mark |
| FAMILY NAME | Egan |
| SIGNATURE | EGAN M |
| AFFILIATIONS | University of Stirling |
| VERIFIED | No |
| TOTAL WORKS | 20 |
| TOTAL CITATIONS | 287 |
| AUTHOR COUNT | 20 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2009 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 4 |
Restorative action research
This paper presents restorative action research - a relational, collective, vital approach to fostering wellbeing. It is based on cooperative inquiry carried out by six academics over three years, for the purpose of enhancing their own wellbeing in the increasingly precarious world of higher education, especially during the COVID-19 pandemic. Using the concept of “vital assemblages” as an analytical tool, the paper illustrates how restorative act…
When Harry Fired Sally
We examine gender differences in misconduct punishment in the financial advisory industry. There is a “gender punishment gap”: following an incident of misconduct, female advisers are 20% more likely to lose their jobs and 30% less likely to find new jobs, relative to male advisers. The gender punishment gap is not driven by gender differences in occupation, productivity, nature of misconduct, or recidivism. The gap in hiring and firing dissipate…
Evaluating the effect of infographics on public recall, sentiment and willingness to use face masks during the Covid-19 pandemic
To ensure the appropriate use of masks, as mandated by UK law, guidance must provide sufficient information, yet remain understandable. Infographics can aid the recall of correct mask techniques by highlighting salient steps and reducing cognitive burden. They have also demonstrated greater trustworthiness than text-only guidance. The effect of infographics upon COVID-19-related anxiety was poor, and they should be further developed to address th…
The Market for Financial Adviser Misconduct
We document the economywide extent of misconduct among financial advisers and the associated labor market consequences. Seven percent of advisers have misconduct records, and this share reaches more than 15 percent at some of the largest firms. Roughly one-third of advisers with misconduct are repeat offenders. Approximately half of advisers lose their jobs after misconduct. The labor market partially undoes firm-level discipline by rehiring such…
Module 5 Main Ideas
Richard H. Thaler and Cass R. Sunstein&s;s Nudge: Improving Decisions about Health, Wealth and Human Happiness is a book about human decision-making. In Nudge, Thaler and Sunstein examine two main themes on this topic: how context can affect decision-making and how governments can organize that context to help people make better choices without restricting their freedom of choice. Nudge &s;s opening chapters describe the psychological factors tha…
Module 2 Academic Context
Richard H. Thaler and Cass R. Sunstein&s;s Nudge: Improving Decisions about Health, Wealth, and Happiness is grounded in the theories of behavioral economics. This discipline integrates research from psychology into economics with the goal of producing more realistic models of human decision-making. Rational choice theory describes a simplified model of human decision-making in which people behave as "rational actors", with complete information a…
Module 11 Impact and Influence Today
By highlighting the contributions of behavioral economics and psychology to understanding human behavior, Richard H. Thaler and Cass R. Sunstein&s;s Nudge challenges the dominance of neoclassical economics as the only discipline capable of influencing policy. Between 2010 and 2015 the Behavioural Insights Team published over a dozen papers documenting its Nudge -inspired interventions in policy areas such as the labor market, energy use, fraud, t…
Module 8 Place in the Authors’ Work
When Nudge: Improving Decisions about Health, Wealth, and Happiness was published in 2008, Richard H. Thaler and Cass R. Sunstein had each worked in academia for three decades. The ideas in Nudge reflected the authors&s; long-standing interest in applying theories from behavioral economics and psychology to improve human decision-making. In 1998, they collaborated with the American law professor Christine Jolls to describe how behavioral economic…
Module 1 The Authors and the Historical Context
In 2008, Richard H. Thaler, professor of behavioral science and economics at the University of Chicago, and Cass R. Sunstein, then professor of jurisprudence at the University of Chicago, published Nudge: Improving Decisions about Health, Wealth, and Happiness . Their main argument in Nudge is that governments can help people make better decisions while respecting their freedom of choice. This can be achieved by organizing the environment in whic…
Module 6 Secondary Ideas
There are two main secondary ideas in Richard H. Thaler and Cass R. Sunstein&s;s Nudge : that people use Automatic and Reflective Systems of thinking, and that people experience nudges constantly in their day-to-day lives, whether the government intervenes or not. The first idea is discussed early in Nudge as a way to frame the reader&s;s understanding of how nudges work. Thaler and Sunstein discuss research from psychology and neuroscience that …
Module 9 The First Responses
Despite its success, Richard H. Thaler and Cass R. Sunstein&s;s Nudge also received criticism from media figures and academics. The first criticism was that nudging was too paternalistic, as exemplified in an argument between Thaler and the American economist Richard Posner shortly after Nudge was published. The point of contention was the US Consumer Financial Protection Agency, a body set up in response to 2008 financial crisis. Posner argued t…
Module 3 The Problem
Richard H. Thaler and Cass R. Sunstein&s;s Nudge was motivated by a belief that rational choice theory, with its assumptions that economic decisions are made rationally, was inadequate for understanding many human behaviors. Research in behavioral economics suggested that people often made "irrational" errors in decision-making. Richard Thaler was trained in neoclassical economic thinking during his PhD in the 1970s. By the time Thaler and Sunste…
Module 4 The Authors’ Contribution
Richard H. Thaler and Cass R. Sunstein use the opening chapters of Nudge: Improving Decisions about Health, Wealth and Human Happiness to establish that people&s;s decision-making is often affected by psychological factors. After building their case, Thaler and Sunstein spell out its implications. They argue that governments should use the theories of behavioral economics to help people make better decisions that would improve their lives. Throug…
Module 10 The Evolving Debate
Richard H. Thaler and Cass R. Sunstein&s;s argument in Nudge: Improving Decisions about Health, Wealth, and Happiness that governments should nudge their citizens has been broadly accepted by many policymakers and academics. There are two noticeable trends in the current debate. The first is the continued critiques of the book&s;s ideas. One criticism by the Belgian philosopher Luc Bovens is that nudges are dangerous because they are subtle. Anot…
Module 7 Achievement
In Nudge: Improving Decisions about Health, Wealth, and Happiness , Richard H. Thaler and Cass R. Sunstein make a convincing case that governments should "nudge" their citizens to make better decisions. The book&s;s summary of decades of research from behavioral economics and psychology, combined with its accessible writing style, helped make it a major success among the public, academics, and policy-makers. The book&s;s seemingly more realistic …
Module 12 Where Next?
Richard H. Thaler and Cass R. Sunstein&s;s Nudge: Improving Decisions about Health, Wealth, and Happiness will likely continue to stimulate academic research in a diverse set of disciplines. It is a standard reference text on university courses in behavioral economics and has been cited by thousands of papers and reports. In the long term, the most significant contributions of Nudge may be its promotion of two norms of science-based policy-making…
An Analysis of Richard H. Thaler and Cass R. Sunstein’s Nudge
When it was published in 2008, Richard Thaler and Cass Sunstein’s Nudge: Improving Decisions about Health, Wealth, and Happiness quickly became one of the most influential books in modern economics and politics. Within a short time, it had inspired whole government departments in the US and UK, and others as far afield as Singapore. One of the keys to Nudge’s success is Thaler and Sunstein’s ability to create a detailed and persuasive case for th…
Adolescent psychological distress, unemployment, and the Great Recession
These findings provide strong evidence of the unemployment penalty of early-life psychological distress and suggest that this relationship may be intensified during economic recessions. Investing in mental health in early life may be an effective way to reduce unemployment
Childhood psychological distress and youth unemployment
The effect of childhood mental health on later unemployment has not yet been established. In this article we assess whether childhood psychological distress places young people at high risk of subsequent unemployment and whether the presence of economic recession strengthens this relationship. This study was based on 19,217 individuals drawn from two nationally-representative British prospective cohort studies; the Longitudinal Study of Young Peo…
Hubble, trouble, toil and space rubble
This article tells the saga of the Hubble Space Telescope, and how the attempt to overcome the restrictions Earths atmosphere imposes upon astronomy, came to dominate the existence of NASA in the later part of the 20th century.This biography of an object is told over four stages fundamental to the order of management; development, failure, recovery and completion.With a failed mirror, what became hidden and forgotten, was once more revealed.With …
An Analysis of Richard H. Thaler and Cass R. Sunstein’s Nudge
When it was published in 2008, Richard Thaler and Cass Sunstein’s Nudge: Improving Decisions about Health, Wealth, and Happiness quickly became one of the most influential books in modern economics and politics. Within a short time, it had inspired whole government departments in the US and UK, and others as far afield as Singapore. One of the keys to Nudge’s success is Thaler and Sunstein’s ability to create a detailed and persuasive case for th…
Childhood psychological distress and youth unemployment
The effect of childhood mental health on later unemployment has not yet been established. In this article we assess whether childhood psychological distress places young people at high risk of subsequent unemployment and whether the presence of economic recession strengthens this relationship. This study was based on 19,217 individuals drawn from two nationally-representative British prospective cohort studies; the Longitudinal Study of Young Peo…
Adolescent psychological distress, unemployment, and the Great Recession
These findings provide strong evidence of the unemployment penalty of early-life psychological distress and suggest that this relationship may be intensified during economic recessions. Investing in mental health in early life may be an effective way to reduce unemployment
When Harry Fired Sally
We examine gender differences in misconduct punishment in the financial advisory industry. There is a “gender punishment gap”: following an incident of misconduct, female advisers are 20% more likely to lose their jobs and 30% less likely to find new jobs, relative to male advisers. The gender punishment gap is not driven by gender differences in occupation, productivity, nature of misconduct, or recidivism. The gap in hiring and firing dissipate…
The Market for Financial Adviser Misconduct
We document the economywide extent of misconduct among financial advisers and the associated labor market consequences. Seven percent of advisers have misconduct records, and this share reaches more than 15 percent at some of the largest firms. Roughly one-third of advisers with misconduct are repeat offenders. Approximately half of advisers lose their jobs after misconduct. The labor market partially undoes firm-level discipline by rehiring such…
Hubble, trouble, toil and space rubble
This article tells the saga of the Hubble Space Telescope, and how the attempt to overcome the restrictions Earths atmosphere imposes upon astronomy, came to dominate the existence of NASA in the later part of the 20th century.This biography of an object is told over four stages fundamental to the order of management; development, failure, recovery and completion.With a failed mirror, what became hidden and forgotten, was once more revealed.With …
Childhood psychological distress and youth unemployment
The effect of childhood mental health on later unemployment has not yet been established. In this article we assess whether childhood psychological distress places young people at high risk of subsequent unemployment and whether the presence of economic recession strengthens this relationship. This study was based on 19,217 individuals drawn from two nationally-representative British prospective cohort studies; the Longitudinal Study of Young Peo…
Adolescent psychological distress, unemployment, and the Great Recession
These findings provide strong evidence of the unemployment penalty of early-life psychological distress and suggest that this relationship may be intensified during economic recessions. Investing in mental health in early life may be an effective way to reduce unemployment
Module 5 Main Ideas
Richard H. Thaler and Cass R. Sunstein&s;s Nudge: Improving Decisions about Health, Wealth and Human Happiness is a book about human decision-making. In Nudge, Thaler and Sunstein examine two main themes on this topic: how context can affect decision-making and how governments can organize that context to help people make better choices without restricting their freedom of choice. Nudge &s;s opening chapters describe the psychological factors tha…
Module 2 Academic Context
Richard H. Thaler and Cass R. Sunstein&s;s Nudge: Improving Decisions about Health, Wealth, and Happiness is grounded in the theories of behavioral economics. This discipline integrates research from psychology into economics with the goal of producing more realistic models of human decision-making. Rational choice theory describes a simplified model of human decision-making in which people behave as "rational actors", with complete information a…
Module 11 Impact and Influence Today
By highlighting the contributions of behavioral economics and psychology to understanding human behavior, Richard H. Thaler and Cass R. Sunstein&s;s Nudge challenges the dominance of neoclassical economics as the only discipline capable of influencing policy. Between 2010 and 2015 the Behavioural Insights Team published over a dozen papers documenting its Nudge -inspired interventions in policy areas such as the labor market, energy use, fraud, t…
Module 8 Place in the Authors’ Work
When Nudge: Improving Decisions about Health, Wealth, and Happiness was published in 2008, Richard H. Thaler and Cass R. Sunstein had each worked in academia for three decades. The ideas in Nudge reflected the authors&s; long-standing interest in applying theories from behavioral economics and psychology to improve human decision-making. In 1998, they collaborated with the American law professor Christine Jolls to describe how behavioral economic…
Module 1 The Authors and the Historical Context
In 2008, Richard H. Thaler, professor of behavioral science and economics at the University of Chicago, and Cass R. Sunstein, then professor of jurisprudence at the University of Chicago, published Nudge: Improving Decisions about Health, Wealth, and Happiness . Their main argument in Nudge is that governments can help people make better decisions while respecting their freedom of choice. This can be achieved by organizing the environment in whic…
Module 6 Secondary Ideas
There are two main secondary ideas in Richard H. Thaler and Cass R. Sunstein&s;s Nudge : that people use Automatic and Reflective Systems of thinking, and that people experience nudges constantly in their day-to-day lives, whether the government intervenes or not. The first idea is discussed early in Nudge as a way to frame the reader&s;s understanding of how nudges work. Thaler and Sunstein discuss research from psychology and neuroscience that …
Module 9 The First Responses
Despite its success, Richard H. Thaler and Cass R. Sunstein&s;s Nudge also received criticism from media figures and academics. The first criticism was that nudging was too paternalistic, as exemplified in an argument between Thaler and the American economist Richard Posner shortly after Nudge was published. The point of contention was the US Consumer Financial Protection Agency, a body set up in response to 2008 financial crisis. Posner argued t…
Module 3 The Problem
Richard H. Thaler and Cass R. Sunstein&s;s Nudge was motivated by a belief that rational choice theory, with its assumptions that economic decisions are made rationally, was inadequate for understanding many human behaviors. Research in behavioral economics suggested that people often made "irrational" errors in decision-making. Richard Thaler was trained in neoclassical economic thinking during his PhD in the 1970s. By the time Thaler and Sunste…
Module 4 The Authors’ Contribution
Richard H. Thaler and Cass R. Sunstein use the opening chapters of Nudge: Improving Decisions about Health, Wealth and Human Happiness to establish that people&s;s decision-making is often affected by psychological factors. After building their case, Thaler and Sunstein spell out its implications. They argue that governments should use the theories of behavioral economics to help people make better decisions that would improve their lives. Throug…
Module 10 The Evolving Debate
Richard H. Thaler and Cass R. Sunstein&s;s argument in Nudge: Improving Decisions about Health, Wealth, and Happiness that governments should nudge their citizens has been broadly accepted by many policymakers and academics. There are two noticeable trends in the current debate. The first is the continued critiques of the book&s;s ideas. One criticism by the Belgian philosopher Luc Bovens is that nudges are dangerous because they are subtle. Anot…
Module 7 Achievement
In Nudge: Improving Decisions about Health, Wealth, and Happiness , Richard H. Thaler and Cass R. Sunstein make a convincing case that governments should "nudge" their citizens to make better decisions. The book&s;s summary of decades of research from behavioral economics and psychology, combined with its accessible writing style, helped make it a major success among the public, academics, and policy-makers. The book&s;s seemingly more realistic …
Module 12 Where Next?
Richard H. Thaler and Cass R. Sunstein&s;s Nudge: Improving Decisions about Health, Wealth, and Happiness will likely continue to stimulate academic research in a diverse set of disciplines. It is a standard reference text on university courses in behavioral economics and has been cited by thousands of papers and reports. In the long term, the most significant contributions of Nudge may be its promotion of two norms of science-based policy-making…
An Analysis of Richard H. Thaler and Cass R. Sunstein’s Nudge
When it was published in 2008, Richard Thaler and Cass Sunstein’s Nudge: Improving Decisions about Health, Wealth, and Happiness quickly became one of the most influential books in modern economics and politics. Within a short time, it had inspired whole government departments in the US and UK, and others as far afield as Singapore. One of the keys to Nudge’s success is Thaler and Sunstein’s ability to create a detailed and persuasive case for th…
The Market for Financial Adviser Misconduct
We document the economywide extent of misconduct among financial advisers and the associated labor market consequences. Seven percent of advisers have misconduct records, and this share reaches more than 15 percent at some of the largest firms. Roughly one-third of advisers with misconduct are repeat offenders. Approximately half of advisers lose their jobs after misconduct. The labor market partially undoes firm-level discipline by rehiring such…
Evaluating the effect of infographics on public recall, sentiment and willingness to use face masks during the Covid-19 pandemic
To ensure the appropriate use of masks, as mandated by UK law, guidance must provide sufficient information, yet remain understandable. Infographics can aid the recall of correct mask techniques by highlighting salient steps and reducing cognitive burden. They have also demonstrated greater trustworthiness than text-only guidance. The effect of infographics upon COVID-19-related anxiety was poor, and they should be further developed to address th…
When Harry Fired Sally
We examine gender differences in misconduct punishment in the financial advisory industry. There is a “gender punishment gap”: following an incident of misconduct, female advisers are 20% more likely to lose their jobs and 30% less likely to find new jobs, relative to male advisers. The gender punishment gap is not driven by gender differences in occupation, productivity, nature of misconduct, or recidivism. The gap in hiring and firing dissipate…
Restorative action research
This paper presents restorative action research - a relational, collective, vital approach to fostering wellbeing. It is based on cooperative inquiry carried out by six academics over three years, for the purpose of enhancing their own wellbeing in the increasingly precarious world of higher education, especially during the COVID-19 pandemic. Using the concept of “vital assemblages” as an analytical tool, the paper illustrates how restorative act…
Computer Science (12 works) · Diverse Scientific and Economic Studies (9 works) · Human auditory perception and evaluation (7 works) · Psychology (7 works) · History (6 works) · Political science (6 works) · Economics (4 works) · Legal Cases and Commentary (4 works) · Law (3 works) · Law (3 works)