Category Archives: Psychology

More compensation!

(featured image credit: Gerd Altmann) Would the world be a better place if we found (and made) it easier to compensate others? It’s a beautiful Saturday and you’re invited to a barbecue. The hosts have a reputation for ensuring memorable … Continue reading

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Too much perseverance

(credit: Martin Deutsch CC BY) Does our tendency to keep going work in our favour? “I’ve started so I’ll finish” is one of the first catchphrases that stuck in my mind when we moved to the UK many years ago. … Continue reading

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Behavioural economics’ bone of contention

(credit: Michael Warmby CC BY) Should we avoid using heuristics, or instead prefer them over ‘rational’ methods?   Behavioural economics is the branch of the dismal science that is concerned with how real people behave in a way that deviates … Continue reading

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An (accidental) behavioural economist takes a break

A collection of vignettes illustrating the quirky (but not necessarily irrational) behaviour and decision-making of us human beings (primarily the author’s) Taking some time off work changes one’s focus and perspective, but some thought processes just keep on running. If … Continue reading

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Political tradeoffs

Traditional political parties depend on compromise. That is bad news for them in uncompromising times Imagine an election in which a party that did not even exist less than two months before gains one-third of the vote, pushing not only … Continue reading

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The (behavioural) thing with wine

(credit: Felice Candillo CC BY) On the deep and interesting relationship between wine and behavioural sciences Last week, some people in a Manchester restaurant ordered a £260 (€290, $340) bottle of Pauillac, but nobody noticed that they were brought a … Continue reading

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It ain’t what you say, it’s the way that you say it

(featured image credit: Ron Cogswell CC BY) Can we communicate and not manipulate? I first encountered behavioural science many decades ago – long before I discovered Kahneman, Thaler, Ariely and co. Moreover, it was not even in an academic paper, … Continue reading

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