-
Recent Posts
Recent Comments
altruism Amazon Anchoring Artificial intelligence Behavioural economics behaviour change beliefs Brexit Charitable giving Charity choices Christmas cognitive dissonance cognitive economics confirmation bias Decision-making decision making democracy Emotions externalities Fairness Framing gifts holidays incentives Irrationality judgement mental accounting motivated reasoning motivation Nudges Nudging preferences Pricing principles Probability rationality regret reputation Social norms Time trade-offs Traffic Uber WYSIATI
Archives
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
Categories
Meta
- Follow Koenfucius on WordPress.com
- My Tweets
Monthly Archives: July 2022
The illusion of dispassionate decision making
We don’t always need to perform a comprehensive cost-benefit analysis to make good decisions. Earlier this week, I took half a day off and went to see an old friend, whom I had not seen for over twenty years. On … Continue reading
The importance of importance
Decisions often seem simpler than they are. The options have multiple implications, and these are not always easy to compare. But there is a way to cut through that complexity, and make better choices. When I was about five years … Continue reading
Posted in Behavioural economics, Cognitive biases and fallacies, Emotions, Psychology
Tagged decision making
1 Comment
The value of not flying
(featured image: the author via DALL-E) Why might people decline an offer of up to $10,000 just to keep their feet on the ground? What would you be prepared to do to receive $10,000 in cash, on the spot? Before … Continue reading
Posted in Behavioural economics, Cognitive biases and fallacies, Economics, Psychology
Tagged decision making
Leave a comment
(Prime) Ministerial choices
(Featured image: No 10/Flickr CC BY NC ND 2.0) An entertaining spectacle at Westminster and 10 Downing Street is also a showcase of decision making Over his political career, the United Kingdom’s (now acting) prime minister has gained a reputation … Continue reading
Posted in Behavioural economics, Cognitive biases and fallacies, politics, Psychology
Tagged decision making
Leave a comment
What moves us
(featured image: oatsy40/Flickr CC BY 2.0) Sometimes we follow our intuition to do the right thing, without regard for costs and benefits. But how can we know it actually is the right thing? When little Sally climbs on a chair … Continue reading
Posted in Behavioural economics, Emotions, Morality, Psychology
Tagged decision making, motivation
Leave a comment
Koenfucius 