Monthly Archives: June 2018

How to stop acting as if more is better

(featured image credit: drinks machine CC BY) Quality matters, we often say, but when we’re not paying attention, quantity tends to sneak in and get the upper hand Imagine that £2 buys you one of two options: either a nice … Continue reading

Posted in Behavioural economics, Cognitive biases and fallacies, Health, Psychology, Society | Tagged | Leave a comment

No uncertain terms

We are all suckers for certainty Earlier this month, it was announced that Paul Dacre, the editor of the Daily Mail since 1992, would step down in November of 2018. The Mail is the second best selling newspaper in the … Continue reading

Posted in Behavioural economics, Cognitive biases and fallacies, Morality, Psychology | Tagged | Leave a comment

Your own personal dogma

(featured image credit: Thomas Hawk) Much of what we do, we don’t really question. That is a mixed blessing Last Friday evening I was driving back home on the M20 towards London. In the distance I could see a small white … Continue reading

Posted in Behavioural economics, Cognitive biases and fallacies, Psychology | Tagged , | Leave a comment

When things are not what they seem

credit: Steve/Flickr CC BY Numbers look so very absolute, but that may be deceptive If you bought a car for £1,000 yesterday, and you sold it today for £1,200, did you make a profit? Most likely you’ll say yes. £1,200 … Continue reading

Posted in Behavioural economics, Cognitive biases and fallacies, Economics, Psychology | Tagged , , , | Leave a comment

Good processes and bad outcomes

(featured image credit: credit: Kurt Komoda) Even good processes can lead to tragedies – we should not let hindsight bias make us believe otherwise When you think about it, your personal life is actually quite complex. You’re faced with a huge … Continue reading

Posted in Behavioural economics, Cognitive biases and fallacies, Psychology, Society | Tagged , , | Leave a comment