Category Archives: politics

A cocktail of biases

(featured image: delo) Jumping to conclusions – the easiest kind of exercise, especially on a Sunday morning I learned three things this week: two things I didn’t know, and one thing I did know, but regularly seem to forget. All of … Continue reading

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Shaping our reality

(Featured image credit: Free-Photos) Is there an objective reality, and are we capable of observing it? On the day after Donald Trump officially became the US president, the then White House press secretary stated the crowd “was the largest audience ever … Continue reading

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What do we want? Control!

(image credit: Sarah Ross/CC) Control and freedom of choice are important to us, and we are prepared to pay real money for it. But things are not always that simple… ‘A la carte’ – a posh French phrase that implies something … Continue reading

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Belief without value

Our beliefs often stand in the way of better decisions – because we value them too much The great economist John Maynard Keynes reportedly once said, ‘When my information changes, I alter my conclusions. What do you do, Sir?’ As … Continue reading

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A voter’s burden

(featured image: carnagenyc) Voting, like so many things in life, is about the difficult task of weighing up many, often conflicting options. Maybe a (behavioural) economics perspective can help cut through it? On 18 April, Prime Minister Theresa May called a … Continue reading

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The anti-nudge

(Featured image: Publicdomainpictures) Politicians’ love of behavioural insights is quickly forgotten if votes can be bought with populist measures When elections are imminent, talk is cheap, and cheaper still are politicians’ promises. Sure, there is little doubt that British Prime … Continue reading

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The Big Yellow Taxi Fallacy

(featured image: FHG Photo cc2.0) Could there be such a thing as the sunk benefit fallacy alongside the sunk cost one? Wednesday 29 March 2017 was a day of celebration for some, and a day of deep sadness for others. … Continue reading

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