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Monthly Archives: March 2020
Gambling with the undead
(featured image credit: Dov Harrington CC BY) In these surreal times, it is good to acknowledge the gambles we and others make I am a gambler. The UK is in a near-lockdown state, and yesterday I needed to go to … Continue reading
Posted in Behavioural economics, Psychology, Society
Tagged coronavirus, Probability, uncertainty
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Like shifting sands
(featured image credit: Weekend wayfarers CC BY) Our preferences are neither fixed, nor absolute – and that is a good thing, in times of crisis Some people prefer fried tomatoes to steamed broccoli, while for others it is the opposite. … Continue reading
Posted in Behavioural economics, Economics, Emotions, Psychology, Society
Tagged preferences
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Our (corona)viral pitfalls
(featured image credit: CDC) The stakes in the global battle against the coronavirus are high, and our ability to make sense of often conflicting messages is under strain – there are many pitfalls. How should we evaluate what we read? … Continue reading
Eisenhower and the coronavirus
(featured image: Judith E. Bell CC BY) In case of urgency, the unimaginable can become the feasible Say you had two tasks competing for your attention: one is very important, the other one is very urgent. Which one would you … Continue reading
Posted in Behavioural economics, Emotions, Psychology, Society
Tagged decision making, Urgency
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Behaviour and money
(featured image: jcomp) Despite all the behavioural economics talk, conventional incentives remain a major influence (albeit not necessarily as intended!) on our behaviour – and vice versa The state of New York is the latest territory where new measures to … Continue reading