Monthly Archives: October 2020

Compensating emotions

(featured image: public domain screenshot) The choices we make reveal that we are sometimes quite content to make material sacrifices for emotional utility, and indeed to accept material compensation for emotional damage. But how far can we go in this? … Continue reading

Advertisement

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

Good enough

(featured image: Paul via Flickr CC BY 2.0) A behaviouralist (re)learns some lessons The thin veneer of a little specialist knowledge does not stop an observer of human behaviour exhibiting pretty much the same patterns of behaviour as everyone else. … Continue reading

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

Where’s your tipping point?

(Featured image: UlyssesThirtyOne CC BY 2.0) Almost all decisions we face have a tipping point – the point where we would change our mind. Good decision-making means working out where it is. This is a time of tough decisions. Many … Continue reading

Posted in Behavioural economics, Economics, Emotions, Psychology, Society | Tagged | Leave a comment

The right wage

(featured image: kues1 via Freepik) Most of us don’t only work for the money. But should that influence how much we get paid? Many years ago, one of my daughters once asked me why everyone did not earn the same … Continue reading

Posted in Behavioural economics, Economics, Psychology | Tagged | Leave a comment

I don’t care what you think

(featured image: Johnny Worthington CC BY) How we think matters more than what we think and who we are From the moment we’re born, to understand the world, we rely on the judgement of others. Our parents, our siblings, our … Continue reading

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