Monthly Archives: January 2017

Identity on the scales

Posted on January 27, 2017 by koenfucius

(credit for featured image: jackmac34/pixabay) How the groups with which we identify influence how we make our own trade-offs (and not always for the better) All else being equal, when faced with two choices, a rational, self-interested person making a … Continue reading →

Posted in Emotions | Tagged , | 1 Comment

A failure to understand

Posted on January 20, 2017 by koenfucius

(credit for featured image: Laura Lewis/Flickr) Do people who make trade-offs that are different from ours fail to understand what we know to be true? The polarization that has been characterizing politics in Europe and the US is not only revealing … Continue reading →

Posted in Behavioural economics, Cognitive biases and fallacies, politics | Tagged | 1 Comment

Confessions of an irrational behaviouralist

Posted on January 13, 2017 by koenfucius

Cognitive illusions cloud your judgement – and mine – when it comes to spending (featured image credit: daezho/pixabay) In December of last year, United Airlines, one of the largest US carriers, announced that they would be charging passengers for using … Continue reading →

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The diversity trade-off

Posted on January 6, 2017 by koenfucius

Is diversity in groups and teams an absolute good? Earlier this week Sir Ivan Rogers, the British ambassador to the European Union, resigned over a lingering conflict with the government around the approach to the imminent departure of the UK … Continue reading →

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