Tag Archives: Daniel Kahneman

“To be thus is nothing; But to be safely thus …” Loss aversion and the human cost of economic cycles

Those with a passing familiarity with behavioural economics will have heard of “loss aversion”: as described by Tversky and Kahneman, it’s the idea that losses have twice as powerful an effect psychologically as gains. No surprise then to come across … Continue reading

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Systems 1 and 2: an accessible summary by TNS

… not that Daniel Kahneman’s Thinking Fast and Slow isn’t accessible – it’s a must-read and a good read – but I enjoyed this TNS paper. It’s a 14 page distillation of some of the main points about System 1 and … Continue reading

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Start The Week: on “big data”

Start The Week (Radio 4): Big Data Here’s a link to this morning’s Start The Week, discussing “big data” and mathematical modelling of data. Well worth a listen. Contributions are from James Owen Weatherall on physicists in finance, Marcus du … Continue reading

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Kahneman in conversation with Evan Davies and Prof Paul Dolan

Kahneman discusses Thinking Fast And Slow at LSE with Evan Davies and Paul Dolan For those interested in psychology and behavioural economics, here is a quick link via Prof Paul Dolan’s site to an hour’s discussion between Evan Davies, Dolan … Continue reading

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Steering the elephant in the room, not just nudging it

In between helping my lad complete The Usborne Book Of Things To Spot out of the Flybe plane window back from Belfast at the weekend (or Fly Maybe as they are sometimes known) I caught up with Matt Grist’s paper, … Continue reading

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More Brooks – TED talk on reasons to be cheerful about the revolution

Brooks TED talk on The Social Animal This entertaining, brief talk gives a flavour of the book. Must read his book about our feted but ludicrous social elites, with a great title: Bobos in Paradise. I think he writes mainly … Continue reading

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Everybody will be doing behavioural economics in qual

Do you see what I did there? The title’s speculative, but no more so than the communication to the American public by Barack Obama’s team two weeks before the 2008 Presidential Election, to get the vote out: “A Record Turnout … Continue reading

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