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Monthly Archives: August 2017
Why choosing can be better than picking
(featured image credit: Penn State) Life is an endless string of choices. The way we make them matters In the 1982 movie Sophie’s Choice (after the eponymous book by William Styron), the central character (played by Meryl Streep) faces a dramatic … Continue reading
Posted in Behavioural economics, Economics, Emotions
Tagged choosing, decision making
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Shaping our reality
(Featured image credit: Free-Photos) Is there an objective reality, and are we capable of observing it? On the day after Donald Trump officially became the US president, the then White House press secretary stated the crowd “was the largest audience ever … Continue reading
Eggs and chips
(featured image credit: paul sandham/CC) Why we see two similar health threats very differently My native country is in international the news again, thanks to the unfolding egg scandal that is now expanding well beyond its borders. Traces of Fipronil, … Continue reading
Posted in Behavioural economics, Cognitive biases and fallacies, Economics, Emotions
Tagged Emotions
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What do we want? Control!
(image credit: Sarah Ross/CC) Control and freedom of choice are important to us, and we are prepared to pay real money for it. But things are not always that simple… ‘A la carte’ – a posh French phrase that implies something … Continue reading
Posted in Behavioural economics, Cognitive biases and fallacies, Morality, politics
Tagged Agency, Brexit, Control, decision making
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