Tag Archives: cognitive economics

Economics in your thoughts

Economic thinking is not just about objective costs and benefits – it is also about your very thoughts You’re driving along a road in town, and in the distance you can see a pedestrian crossing, protected by traffic lights. A … 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

Posted in Behavioural economics, Cognitive biases and fallacies, Economics, Emotions, Psychology | Tagged , | Leave a comment