Category Archives: Behavioural economics

Embrace your ignorance

(featured image: Robert Couse-Baker CC BY) It is OK not to know stuff for certain, especially when things are uncertain Once upon a time, there was a cat. It was a hypothetical cat, owned and imagined by Erwin Schrödinger, a … Continue reading

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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

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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

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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

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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

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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

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Absolute and relative

To understand the world, we need to be able and willing to adopt both an absolute and a relative perspective Did you see that video, a few weeks ago? It was widely shared on social media, and has been viewed … Continue reading

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