#behavioral-economics

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#decision-making #sustainability #loss-aversion #marketing-strategy #manipulation #instructional-design
fromCornell Chronicle
20 hours ago

Nobel-winning behavioral economist Richard Thaler to speak Oct. 17 | Cornell Chronicle

Economists have some great tools for doing so, but Thaler got the field to appreciate that human beings, as impressive as we are in many ways, are subject to certain limitations that psychologists know a lot about. Those limitations, such as myopia, sloth and a fear of loss that exceeds the love of gains, have to be taken into account if we're going to truly understand economic decisions.
Business
Marketing
fromThe Drum
2 weeks ago

The fatal flaw in Bumble's new storytelling strategy

Bumble reframes monthly subscriptions as long-term investments toward marriage and family, despite dating apps offering unpredictable, often low returns on such spending.
#manipulation
more#manipulation
Education
fromeLearning Industry
2 months ago

Applying Behavioral Economics In Instructional Design With 6 Practices

Behavioral economics enhances instructional design by improving how choices are presented and encouraging better learner decisions.
Mental health
fromFast Company
2 months ago

Why male corporate leaders and billionaires need financial therapy

Corporate leaders often face unseen financial crises due to their psychological relationship with money.
London startup
fromMedium
2 years ago

How to Introduce People to New Ideas

Adopting new ideas is challenging; bridging the gap requires understanding the differences between early adopters and the early majority.
fromLogRocket Blog
3 months ago

What scarcity taught me about designing for attention - LogRocket Blog

Scarcity design intentionally restricts availability or access to enhance user perception and navigation, creating valuable product experiences that drive growth and loyalty.
Mobile UX
Artificial intelligence
fromPsychology Today
3 months ago

The Intuition Trap

Intuitive decisions often lead to poor outcomes in financial contexts.
Familiarity can mislead decision-making when relevant data is absent.
Investment behavior influenced by intuition may cause financial losses.
Expert advice can mitigate the risks of relying on intuition.
fromFast Company
3 months ago

Would you recycle more if every bottle gave you a chance to win $1,000?

This study shows that providing a lottery for returning recyclables can enhance recycling rates and boost recycling participants' happiness compared to low fixed payments.
Non-profit organizations
fromPsychology Today
3 months ago

What Is Your Psychological Relationship With Money?

Money is not just a tool for exchange; it is a lens through which we interpret success, security, and even love.
Mental health
Mental health
fromPsychology Today
3 months ago

Depressive Decision-Making

Depression can be viewed as a strategy to avoid further loss.
Decision-making in depression is heavily influenced by negative perspectives.
Improving actions may lead to improving feelings in individuals with depression.
Arts
fromwww.npr.org
4 months ago

What we misunderstand about gun violence

Gun violence in the U.S. is often misunderstood; behavioral economics offers new insights into its causes and potential solutions.
fromeLearning Industry
5 months ago

Can We Use Behavioral Economics Principles To Increase Learner Effort And Engagement?

"...the field of behavioral economics in education seeks to identify how learners make decisions and engage with learning content in order to create truly effective experiences."
Online learning
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