Tags » Behavioral Economics

Our biased approach to news

You’re Wrong! I’m Right!

We live in two Americas. In one America, a mentally unstable president selected partly by Russia lies daily and stirs up bigotry that tears our social fabric. 95 more words

Behavioral Economics

The side effects of Airbnb

Airbnb and the Unintended Consequences of ‘Disruption’

The U.S economy is in the midst of a wrenching technological transformation that is fundamentally changing the way people sleep, work, eat, shop, love, read, and interact. 70 more words

Behavioral Economics

Efficient conformity

The Tyranny of Convenience

Convenience is the most underestimated and least understood force in the world today. As a driver of human decisions, it may not offer the illicit thrill of Freud’s unconscious sexual desires or the mathematical elegance of the economist’s incentives. 87 more words

Behavioral Economics

We are all brain-ambidextrous

No, You’re Not Left-Brained or Right-Brained

At the fictional Hogwarts school for witchcraft and wizardry in the Harry Potter series, students are sorted into different school houses by a magic hat based on their personalities. 91 more words

Behavioral Economics

The secrets of timing

Everything Is Timing

I used to believe in ignoring the waves of the day. Now I believe in surfing them. One of the most surprising insights I uncovered was that our mood and our performance follow a fairly predictable pattern during the day—in general, a peak, a trough, and a recovery. 119 more words

Behavioral Economics

Using algorithms

What to Do When Algorithms Rule

The first American astronauts were recruited from the ranks of test pilots, largely due to convenience. As Tom Wolfe describes in his incredible book The Right Stuff, radar operators might have been better suited to the passive observation required in the largely automated Mercury space capsules. 113 more words

Behavioral Economics