Monthly Archives: July 2023

What’s wrong with this picture?

Posted on July 28, 2023 by koenfucius

Featured photo: Jon Crel/Flickr CC BY ND 2.0 Or perhaps, what is wrong with our perception? Humans may not have eyes as sharp as birds of prey, capable of spotting a mouse three miles away, but ours are, it seems, … Continue reading →

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Solving the backyard problem

Posted on July 21, 2023 by koenfucius

Featured image: Manolo Gómez/Flickr CC BY 2.0 NIMBY – not in my backyard – refers to a problem with both economic and behavioural angles. Might that suggest a way to tackle it? As children, many of us were told about … Continue reading →

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The exception, not the rule

Posted on July 14, 2023 by koenfucius

Featured image: Brett Sayles/Pexels Our lives are governed by countless rules, some innate, some imposed on us, some we constructed ourselves. But rather than the rules we adopt, it is the exceptions we make to them that define the kind … Continue reading →

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Irrationality at first sight (but not on second thoughts)

Posted on July 7, 2023 by koenfucius

Five ways in which “irrationality” can be rational. One early Saturday morning a few months ago, I went for a jog with Luka. On our way back from the park, we noticed a £20 note stuck on the pavement (it … Continue reading →

Posted in Behavioural economics, Cognitive biases and fallacies, Economics, Emotions, Psychology | Tagged | 1 Comment