What is the Halloween indicator in financial markets? Think of Halloween and scares probably are front of mind. Trick or treat. Ghouls and carved pumpkins. In share markets, it appears investor behaviour can also be skewed by scares that accompany … Continue reading Check your calendar to invest
Poverty and decision-making: How behavioural science can improve opportunity in the UK A third of the UK population spent at least one year in relative income poverty between 2011 and 2014. Traditionally policymakers and anti-poverty organisations such as the Joseph … Continue reading Human capital for reducing poverty
How ‘Bias’ Went From a Psychological Observation to a Political Accusation In 2004, 57 police officers of different races were divided into two groups for a simple experiment. Half of them were shown two photo lineups, one with an array … Continue reading Observation vs. judgment
Behavioral Economics and In-class Exercises I wanted to spend a moment to report on the incredible success I have been having using in-class exercises. Students have been engaging the content more directly, understanding of the immediate subject matter has improved, … Continue reading Behavioral economics in the class
An Easy Way to Prevent a Traffic Jam To prevent a traffic jam, just let everyone cut in front of you. Yes? Yes. If drivers can effortlessly change lanes, then they have no need to slow down. Consequently, no one … Continue reading Traffic Problems and Solutions
Still ticking: The improbable survival of the luxury watch business On 17 March 2016, the watch manufacturer Breitling opened a lavish new stall at Baselworld, the world’s biggest watch fair, to show off its latest marvels. There was the Avenger … Continue reading When time was still our friend
Inside Psychology’s ‘Methodological Terrorism’ Debate It isn’t every day that an academic researcher publicly compares some of her colleagues to terrorists, so it’s probably no surprise that what happened last month sparked a heated debate. That’s when a draft version … Continue reading Is methodological terrorism out there?