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Monthly Archives: August 2020
Beware the efficiency trade-off
(credit: Manfred Richter/Pixabay) Being efficient with scarce resources like time and money is a vital skill, but we’re not always so good at considering the effectiveness of our choices I used to travel a lot for my work. I remember … Continue reading
Ignorance and moral wiggle room
(credit: Diana Grytsku via Freepik) Sometimes we prefer not to know something, for example to avoid worry or to escape accountability. But ignorance may also serve our moral identity and reputation More than 2/3 of all adults in the UK … Continue reading
Posted in Behavioural economics, Economics, Emotions, Ethics, Psychology
Tagged cognitive economics, generosity
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It’s (almost) all about emotions
(featured image credit: David Pacey CC BY) Economics sometimes has a reputation of being a cold science, in which humanity has no part to play. But in many of our economic decisions, emotions are the prime influence In business, economic … Continue reading
Why people do what they do (and don’t do what they don’t do)
How to understand better what motivates people’s behaviour – in organizations and elsewhere – and how this can help us manage behavioural change, in others and in ourselves People don’t always do the right thing. It sounds like (and arguably … Continue reading
Why do(n’t) we heed COVID-19 measures?
(featured image credit: Jernej Furman CC BY) As COVID-19 infections are on the rise again, it seems not everyone is prepared to continue adhering to safe behaviours like physical distancing and wearing a facemask. What motivates (non-)compliant behaviour? There has … Continue reading
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