Tag Archives: behavioural economics

“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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StickK: Odysseus on an electronic mast

I came across this site via a behavourial economist, Dr. Ivo Vlaev (thanks!), who was a co-collaborator on a rather large BE-influenced study I’ve been helping out on over the last year. It’s one of the many sites out there … 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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Scrimping on incentives and other false economies

Reading Michael Sandel‘s What Money Can’t Buy – subtitled The Moral Limits of Markets –  has made me reflect on researchers‘ attitudes to the ‘incentives‘, as we call them in the UK, that we pay to research participants. At the … 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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