The Strangeness of Tradition
January 8, 2016
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
December 21, 2015
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
July 3, 2015
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
March 5, 2015
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 …
Co-ordination Workshop Report by Emily Wyman
January 15, 2015
When individuals, groups, or even nations desire to act together to achieve something that none can achieve alone, they must often negotiate between multiple ways of accomplishing this. Typically, this will require some form of shared knowledge of the situation, a degree of assurance between parties, or some complex reasoning about what others are likely …
Why we need behavioural economics
July 30, 2014
‘It took decades for behavioural economics to break into the mainstream. Now, after just a few years of “bias”, “anchoring” and “nudge”, some critics are already questioning whether it has anything left to offer.’ Chris Starmer, Director of NIBS and CeDEX discusses why we need behavioural economics in ‘The Conversation‘ (published online 28 July 2014)
The puzzle of high cost credit versus low yield savings
July 23, 2014
A new publication by John Gathergood and Jörg Weber entitled ‘Self-Control, Financial Literacy & the Co-Holding Puzzle’ is forthcoming in the Journal of Economic Behavior & Organization In advance of publication, the paper is available online. Using UK survey data to analyze the puzzling co-existence of high cost revolving consumer credit alongside low yield liquid …
Sudeep Bhatia on Sequential sampling and paradoxes of risky choice
July 3, 2014
Sudeep Bhatia, NIBS Research Fellow at the University of Warwick, recently published ‘Sequential sampling and paradoxes of risky choice‘ in the Psychonomic Bulletin & Review (June 2014). Abstract: The common-ratio, common-consequence, reflection, and event-splitting effects are some of the best-known findings in decision-making research. They represent robust violations of expected utility theory, and …
Bob Sugden and The Human Zoo
NIBS co-investigator Robert Sugden recently appeared on the BBC Radio 4 programme The Human Zoo (on which another NIBS co-investigator, Nick Chater, is a frequent contributor). Bob discussed the implications of competition and competitive environments with Elizabeth Anderson, the John Dewey Distinguished University Professor of Philosophy and Women’s Studies at the University of Michigan. Elizabeth has written …
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