“Last-Ups” Advantage in Baseball: An Example of Biases and Persistent Beliefs.

Professor Ted Turocy, NIBS Co-Investigator at the University of East Anglia considers if the rule change, designed to resolve tied games more rapidly in Major League Baseball, risks advantaging one team over the other. “In the World Baseball Classic currently underway, Major League Baseball is testing out a rule change designed to resolve tied games more rapidly. …

NIBS 2016 conference: Assessing well-being when preferences are incoherent

From 4 to 6 April, the Centre for Behavioural and Experimental Social Sciences (CBESS) at the University of East Anglia hosted the 2016 NIBS international conference on the topic of ‘Assessing well-being when preferences are incoherent’. This was a major event with more than 130 delegates from many parts of the world. The conference topic …

The relationship between preference and choice

How should we understand the relationships between people’s preferences, people’s choices, and the values people assign to objects of choice? This was the topic of a recent NIBS mini-workshop which took place between 18 and 20 April 2016 in Potsdam, Berlin.  Joining NIBS colleagues from Warwick, Nottingham and East Anglia were colleagues from our international …

The behavioural economics of parkrun by Ted Turocy

Last week, Stoke Gifford Parish Council voted to institute a £1 per runner charge on the parkrun (http://www.parkrun.org.uk) event held at Little Stoke Park in Bristol, citing, among other factors, the maintenance costs imposed on the park by the 200 or more participants who run, jog, or walk 5km as part of the event each …

What are the moral consequences of becoming unemployed?

Abigail Barr, Luis Miller and Paloma Ubeda investigate how becoming unemployed affects people’s reasoning in the paper ‘Moral Consequences of Becoming Unemployed‘. NIBS Co-Investigator, Dr Abigail Barr explains, “On the whole, people in employment or full-time education believe that people should be allowed to keep much of what they earn and that it is okay for …

Applications now open for PhD Workshop – Experimental Development Economics: Lab in the Field.

Applications are now open for the University of East Anglia’s 4th annual PhD Workshop – Experimental Development Economics: Lab in the Field.  The workshop will take place on Sunday 3 April 2016 from 8.30am to 7pm at the UEA Campus, Norwich Research Park, Norwich, NR4 7TJ. The workshop is for current and prospective PhD students who are using …

The Strangeness of Tradition

In case you missed it, it’s well worth listening again to this episode of the Human Zoo (series 7), first broadcast on BBC Radio 4 on 22 December 2015.  Hear NIBS Co-Investigator’s Nick Chater (University of Warwick) and Bob Sugden (University of East Anglia) talk about “The Strangeness of Tradition“. Christmas is the time of year …

Regret Theory: Looking Back, Looking Forward

In 1982, the Economic Journal published a paper by Graham Loomes and Robert Sugden proposing an alternative theory of rational choice under uncertainty called regret theory.  A special anniversary session discussed the history of the theory, its success relative to other approaches, its applications and empirical evidence.  In this video clip NIBS Co-Investigator, Robert Sugden, …

Warwick Business School – Second Nudgeathon

On the 14th and 15th of September 2015, the second Nudgeathon, a behavioural change competition founded by the Warwick Business School, will take place at The Shard in London. Nudgeathon, as its name implies, is a nudging marathon. The main objective of the event is to develop implementable solutions to a given social issue. The idea …

Intertemporal Choice Workshop

Forty scholars from across the NIBS network and further afield met in Warwick to generate and discuss ideas related to intertemporal choice. Organised by the Intertemporal Choice mini-network in NIBS, the conference was set up to foster collaboration between researchers from different institutions, and to promote policy-focused research ideas tackling the issues related to choice …