Tag #Behavioral Economics

Showing 1 to 9 of 9 results

forbes.com
🌐 75% Global Worthiness
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Earned Dogmatism in Finance: When Expertise Breeds Rigidity

Bill Miller's success at Legg Mason, followed by his 2008 downfall, exemplifies earned dogmatism—the tendency for expertise to breed rigidity, hindering adaptation to new information, as studied by Ottati (2015) and Chaney (2025).

Progress

20% Bias Score

Quality Education
theguardian.com
🌐 85% Global Worthiness
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Consumer Manipulation: A Call for a "Right Not to Be Manipulated

Companies manipulate consumers through deceptive pricing, hidden fees, and exploitation of cognitive biases, causing financial harm and undermining autonomy; establishing a "right not to be manipulated" is crucial for consumer protection.

Progress

44% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 65% Global Worthiness
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Financial Nudges: Positive Framing and Reflective Tools Most Effective

A study in the Judgment and Decision Making journal found that people prefer financial nudges focusing on saving over spending cuts and reflective tools over automatic defaults; younger adults and women showed the strongest preference.

Progress

56% Bias Score

Reduced Inequality
nrc.nl
🌐 85% Global Worthiness
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Netherlands confronts drought and electricity shortages

The Netherlands faces water and electricity shortages due to drought and high energy demand, prompting government interventions such as water restrictions and an energy-saving campaign; however, the long-term solution may lie in economic incentives combined with social equity measures.

Progress

32% Bias Score

Responsible Consumption and Production
theglobeandmail.com
🌐 75% Global Worthiness
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Gamification in Investment Platforms Increases Trading Frequency, Raising Risk Concerns

A study by the Ontario Securities Commission and the Behavioural Insights Team revealed that gamification techniques in investment platforms, such as points and leaderboards, led to a nearly 40% increase in trading frequency among participants, even when rewards had no monetary value, raising concer...

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Timing of Advice Significantly Impacts Effectiveness: Study

A recent study in the Journal of Behavioral Decision Making found that people are more receptive to advice after forming their own opinion, challenging economic assumptions about rational decision-making and impacting the design of financial advice tools.

Progress

32% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Retirement Planning: Vision and Mental Time Travel Key to Success

Harvard and Indiana University researchers' studies reveal that a clear vision of retirement and connecting with one's future self are key to retirement success, significantly impacting happiness and savings; a mental time travel technique boosts long-term savings by 14% in one study.

Progress

40% Bias Score

No Poverty
forbes.com
🌐 75% Global Worthiness
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Amygdala Hijack and Upbringing: The Roots of Poor Financial Decisions

The article explains how the amygdala's role in fight-or-flight and reward processing, coupled with childhood financial experiences, influences financial decisions, with 45% of surveyed clients reporting no parental discussions about money leading to similar patterns in their relationships and delay...

Progress

36% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Australia's Inflation Surge: A Self-Fulfilling Prophecy

Australia's inflation rate reached 7.8 percent in late 2022, driven by pandemic-related supply disruptions, massive government stimulus, and a self-fulfilling prophecy among businesses who used media coverage to justify significant price increases, even after supply issues resolved.

Progress

52% Bias Score

Reduced Inequality

Showing 1 to 9 of 9 results