Choice architecture and gender equality
At its best, behavioural economics has huge power to influence society for the better. Here is an interesting VOX article on how choice architecture can help improve gender equality.
Many work environments require their employees to apply for promotions, a process that results in fewer women opting to compete. This column presents evidence to suggest that changing promotion schemes to a default where everyone is considered but has the option to ‘opt out’ could help close the gender gap in applications to compete for promotions.
Read more here.