We judge the competency of politicians by what they say and do. This creates perverse incentives for even competent politicians to refuse to admit mistakes.
Behavioural economics has three key insights to encourage take-up of the contact-tracing app.
For the app to work well, we might need an 80% take-up. Unless it is made mandatory, we'll need both private and social incentives.
Behavioural economics research suggests very few people will cooperate unless 'free riders' are punished.
The economy is different to health. Worrying about it can make it seriously worse.
There's no need to raid the supermarket today, but gathering supplies is a reasonable response to the prospect of disaster
There's a lot of research in consumer behaviour that disputes the notion “more is better”. But it really depends on what type of personality you have.
Stanford professor's research has led to an increase in the number of kidney transplants in the United States.
Energy companies and other retailers bamboozle us with options to increase their profits. Here's how the behavioural phenomenon of choice overload works.
Financial rewards can entice us to exercise more, and the benefits are lasting, according to a new research review.
Insights from behavioural (and traditional) economics help explain why discounting – both real and fake – is such an effective marketing ploy.
The Australian Labor Party's economic agenda seems to have overlooked three fundamental principles of behavioural economics.
Online bookies can tap into the wisdom of the crowd better than pollsters.
The IKEA effect is caked in myth, but the phenomenon of consumers valuing their own efforts is proven and potent.
Most pricing structures nudge us to spend more. But there's a particularly cunning type of pricing that can get us to swap our preference from a cheaper to a more expensive option.
Picking an dud superannuation fund can cost you about 13 years’ pay over a working lifetime, roughly the value of an apartment in Melbourne or Sydney.
Winning big often involves looking for the opportunities that are the opposite of what everyone else is doing.
Overseas research says putting the clock forward hurts the financial markets. But not in Australia, according to a real-world study along the Queensland-NSW border.
Nudges were meant to be a good alternative to regulations, but it may be time to regulate nudges.
We don't actually know how NDIS participants weigh their personal goals and then make choices about achieving them through services, supports, therapies and interventions.