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Are we as Honest and Moral as we Think we are?

Over the last years in Greece, we usually talk about dishonesty and immorality in the field of politics. The majority of Greek people abdicate the responsibility from themselves and they put the blame only on the others.

Behavioral economics suggest … Read more...

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How to Make More Rational Decisions for Your Own Well-Being

In this post, we are going to show you how some simple techniques of Behavioral Economics can make you take better decisions for your own well-being. For example, quit or reduce smoking and improve healthy eating.

Despite the application of … Read more...

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Nudging in Public Policy

The field of behavioral economics has attracted a lot of attention for its ability to examine the correct directions of our decisions. It is not only a luring scientific subject, but it is also applied in public policy.

It is … Read more...

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Designing Nudges to Improve Decision-Making

Behavioral economics is an attractive and exploration-worthy field, because it proves that our decisions can be predicted and changed, based on the existing information. So, shall we nudge people to make better decisions?

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The Identifiable Single Victim Effect

charity

While the science of behavioral economics is getting more popular and its application becomes wider, it is important to ask ourselves how it could be used for severe humanitarian matters. 

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Behavioral Economics on Fairness and Reciprocity

This post first appeared on enfoquederecho.com in Spanish.

– Why do we need Laws?

– We need Laws in order to ensure that citizens are treated equally and fairly.

At least, that could be a possible short and … Read more...

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Prospect Theory on Human Decision-Making

Making decisions is something that people do every day, knowingly or unknowingly. It is not surprising, that the topic of Decision-Making is shared by many disciplines, from Mathematics, Economics and Political Science, to Sociology and Psychology.

Analyses of Decision-Making usually … Read more...