Category Archives: Emotions

Coloured reality

(image via Youtube/PBS) Is reality, as we see it, anywhere near the mark? Have a look around you, listen (and feel free to use your other senses too). That should give you a good sense of the reality of your … Continue reading

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Choosing and using identities

(featured image credit: Jenny Scott CC BY) Identity is strong, and can trip us up in two ways. Who are you? That’s a pretty existential question. It is quite hard to come up with a quick and concise answer – … Continue reading

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In whose interest?

(featured image credit: gaelx CC BY) The relationship between charitable giving and nudging is an uneasy one Charitable giving is a challenging phenomenon for neoclassical economics. What homo economicus, what rational, self-interested, utility maximizing would willingly give money away? It could … Continue reading

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Value, imagined

(featured image: credit: Ali Eminov CC BY) Is the value of stuff we buy, from grapefruit to airline seats, in the mind of the beholder? Magic doesn’t really exist, but in a way, economics comes close. Contrary to what common wisdom … Continue reading

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What’s new(s)?

(featured image credit: Martin Krolikowski CC BY) The priorities of the items in the news hint at an important factor in our economic decision-making   In the past week, three themes have been dominating the news headlines in the UK: … Continue reading

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Signals from the unexpected

(credit: didgeman CC BY) The messages that are sent when expectations and reality are at odds can be revealing and powerful A few weeks ago, three things happened to me on three consecutive days. All three involved choices other people … Continue reading

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Personal framing

(featured image credit: H. Uechi) We have more power over how we make choices and how we feel than we may realize Imagine you are an oncologist, and you discuss a course of action with a lung cancer patient. There … Continue reading

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