Tag Archives: Brexit

Too much commitment is bad news

Featured image via ytimg.com What can go wrong when tenacity goes too far People who keep going in the face of adversity speak to our emotions and our imagination like few other things do. Inspirational books are often written by (or … 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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The largest anchor ever

(Featured image: clmper) How do we know what is a reasonable amount of money to pay? How much would a rational person be prepared to pay for, say, a cauliflower? They’d go down the ranking of all possible purchases, and for … Continue reading

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The diversity trade-off

Is diversity in groups and teams an absolute good? Earlier this week Sir Ivan Rogers, the British ambassador to the European Union, resigned over a lingering conflict with the government around the approach to the imminent departure of the UK … Continue reading

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The deceitfulness of the “will of the people”

(credit: eak_kkk/pixabay) A democracy should be guided by what its citizens want, not  by a caricature constructed by politicians This time of the year, many children are writing their letters to Santa Claus, emphasizing how good they’ve been, and setting out … Continue reading

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CETA and the two conflicting ideas

A great American writer hands us an instrument to combat pernicious cognitive biases Having spent nearly half my life living abroad, I have come to accept that my native country is small and not very significant. Sure, a few of … Continue reading

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Theresa’s choice

(featured image credit: Philippe Theriault/Flickr) The behavioural economics of choosing between hard and soft Brexit Making decisions is not always easy. One reason it is difficult is that trading off two possible choices often means we need to compare apples … Continue reading

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