Tag: richard-thaler
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Psychology of Money
New Scientist provides a comprehensive summary of studies looking at the psychology of money. There are some fascinating findings here, including a study showing that “simply thinking about words associated with money seems to makes us more self-reliant and less inclined to help others [and] just handling cash can take the sting out of social…
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Behavioural Economics and Financial Policies
The news that Obama had some of the leading behaviourists advising his campaign comes as no surprise to me, however I likely underestimated how much they influenced both the campaign and the voters. Time takes a look at this “behavioural dream team” and discusses how the Obama administration is using behavioural economics to guide its…