Tag Archives: Commitment device

Careful with commitment

(image: Sami Panu CC BY) How our determination to avoid making a bad decision may lead to an even worse one The comedy show The Two Ronnies used to feature a recurring sketch, In The Chair. Ronnie Corbett, on his … Continue reading

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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

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