Behavioral Economics

A hard Brexit is looking increasingly likely – according to behavioural economics

Gloomy forecasts for the post-Brexit economy, and a psychological tendency to gamble rather than accept certain losses, may boost public support for …

Economy

More people in Africa need to be insured against natural disasters

Mozambique was the site of one of Africa’s most devastating natural disasters in recent times. In the year 2000 floods killed 700 people, displaced …

Africa

Economics is doing just fine, thank you, without adopting psychology’s blunders

Criticisms of economics have abounded since the financial crisis.<p>Even Nobel Prize winners like George Akerlof of Berkeley have got in on the act. A …

Business (UK)

When to apply behavioural economics solutions to your business

“When would I use behavioural economics in my business?” This is one of the questions I get most often.<p>In my experience there are typically four …

Economics

How to apply behavioural economics to the design process

Behavioural Design Workshop at Hyper Island<p><i>Hyper Island</i><i>…that magical wonderland where design unicorns play, collaboration flourishes, and UX design</i> …

Economics

Why Behavioral Economics May Turn Irrational Patients Rational

Economics

Watch your wallet, you may not be as rich as you think you are

Psychological study in Italy found nearly 78% of the participants had a wrong perception of their wealth.<p>Every day billions of people make countless …

Psychology

Home owners are happier than renters: survey

Australian home owners have higher levels of life satisfaction and lower levels of anxiety than renters, according to new research.

Self-improvement

Employers look to behavioural economics to drive health plan adherence: survey

More than a third (39 per cent) of U.S. employers see promise in using behavioural economics to help employees adhere to their medical treatment …

Personal Finance (Canada)

We think we're richer than we actually are

NEW YORK – Everyday billions of people make countless decisions that have economic implications. Buying new clothes, having dinner at a Japanese …

Personal Finance

Behavioral Finance

Economics

Have Trouble Sticking To Your Budget? Psychology Could Explain Why

Everyday, billions of people make countless decisions that have economic implications. Buying new clothes, having dinner at a Japanese restaurant, …

Psychology

Focus on understanding donors' lives rather than sending them information, legacy fundraisers told

Legacy fundraisers could be more successful if they focussed on understanding donors' lives rather than bombarding them with information about their …

Time Management

Why we perceive ourselves as richer than we think we are

Every day billions of people make countless decisions that have economic implications. Buying new clothes, having dinner at a Japanese restaurant, …

Actualités

Need More Motivation? Try Behavioral Economics | Runner's World

January is coming to a close, meaning that some of you have already abandoned those well-intentioned New Year’s resolutions. You can try to salvage your best-laid plans by taping them on the fridge or by hiring a personal coach.<p>But now there are new options available online. Nearly a dozen websites …

University of Chicago

How psychology and advertising skills can help sell better and more wine

How we go about selling wine is often completely in contradiction to how the average consumer, knowingly or not, actually wants to buy it. Joe …

Wine

Think Fast And You'll Lose Money Quickly (A Behavioral Economics Explanation Of Irrational Gambling)

I have just given you $78. (I’m a generous guy.) Now I’m giving you a choice: you can enter a lottery where you have a 75% chance of losing that $78 and a 25% of keeping it, or you can hold on to $20 and avoid the lottery all together. Quick—tell me what you would choose!<p>Faced with such a gamble, …

Critical Thinking

DC Plan Summit: Delivering better outcomes by getting to know plan members better

<b>Moderators:</b> Christine van Staden, regional vice-president, group customer; and George Ng, senior account executive, group customer, at Great-West …

Personal Finance (Canada)

Harnessing the power of biases

Have you ever been in a situation where one is acting against one’s own interests? Sometimes it is out of fear, miscalculated circumstances or biases …

Economics

The Extra Factor

The way in which marketers frame their offering radically impacts their conversion rates/ Our new series, When Push Comes To Nudge, breaks down nudge …

Critical Thinking

Consumer Behavior Online: A Playbook Emerges

Access to case studies expires six months after purchase date.<p>Publication Date: <b>May 01, 2018</b><p>As consumer touchpoints increasingly migrate online, it is important to understand how human nature manifests itself in a digital environment. The authors-including the head of the University of Toronto's …

Consumer Behavior

New in socionomics: When recessions meet conception

Just in time for Mother’s Day, a report has crossed my desk that presents a compelling argument in favour of new motherhood: Pregnancies prevent recessions.<p>Okay, that’s not exactly what the report says. But a recent working paper published by the National Bureau of Economic Research (NBER) – a …

Stock Markets

Behavioral Insights

 A new interdisciplinary project at Harvard will explore how behavioral science and behavioral economics can help improve health outcomes for …

Health Care

CESifo Group Munich - Does Ignorance of Economic Returns and Costs Explain the Educational Aspiration Gap? Evidence from Representative Survey Experiments

Does Ignorance of Economic Returns and Costs Explain the Educational Aspiration Gap? Evidence from Representative Survey Experiments<p>CESifo Working …

Education

Behavioral economics expert at University of Toronto's Rotman School receives a Canada Research Chair

Toronto - A leading scholar in behavioural economics and a professor of marketing at the University of Toronto's Rotman School of Management has been …

Economics

Mutual fund fees are a case of dollars and per cents

<i>Lisa Kramer is a professor of finance at the University of Toronto.</i><p>Would you rather pay a 1-per-cent fee or a $1,000 fee on $100,000 invested in a mutual fund? Before you congratulate yourself for noticing that 1 per cent and $1,000 amount to the same fee in this example, I ought to tell you that …

Investing

The behavioural arguments against excessive regulation

Martin Sandbu, in “Rethinking regulation” (FT.com, April 25), is right to argue that behavioural economics has a lot to offer regarding the subject. …

Economics

The Roots of ‘Bubbly’ Recessions

The post The Roots of ‘Bubbly’ Recessions appeared first on The Big Picture.

Economics

Richard Thaler: “Misbehaving: The Making of Behavioral Economics”

Since I am in Chicago, here is an interesting video of Richard Thaler at Google Richard Thaler, co-author of Nudge, will discuss his new book, …

Economics

BISG Research Workshop with Julia Fetherston (Boston Consulting Group) - RSVP Required | Center for Public Leadership

Join us for a Behavioral Insights Student Group Research Workshop with Julia Fetherson (Boston Consulting Group, HKS MPP Alum '14).<p>Julia Fetherston …

Kennedy School of Government