•noninformational advertising works
•Social Security/safety legislation is popular
•flood insurance isn’t—Akerlof&Dickens (1982)
HT @matthewgnagler.bsky.social
buff.ly/Q6aAXQ8
•noninformational advertising works
•Social Security/safety legislation is popular
•flood insurance isn’t—Akerlof&Dickens (1982)
HT @matthewgnagler.bsky.social
buff.ly/Q6aAXQ8
Bounded rationality—and notably cognitive dissonance (eg refusing to admit they’ve been deceived)—is a sufficient condition:
buff.ly/V0Rz0xA
Bounded rationality—and notably cognitive dissonance (eg refusing to admit they’ve been deceived)—is a sufficient condition:
buff.ly/V0Rz0xA
This (1982!) paper by Akerlof and Dickens shows how cognitive dissonance can be woven into standard (rational) economic decision making models and more accurately predict actual behaviour:
buff.ly/JhhamLh
HT @matthewgnagler.bsky.social
This (1982!) paper by Akerlof and Dickens shows how cognitive dissonance can be woven into standard (rational) economic decision making models and more accurately predict actual behaviour:
buff.ly/JhhamLh
HT @matthewgnagler.bsky.social
We also talk about Golden Balls. Wouldn’t you? plantyourself.com/golden-balls...
We also talk about Golden Balls. Wouldn’t you? plantyourself.com/golden-balls...
It must be time to read the latest edition of Zen and Economics! open.substack.com/pub/matthewg...
It must be time to read the latest edition of Zen and Economics! open.substack.com/pub/matthewg...
My most recent Substack gets to the bottom of our conflicted ideas on cognitive flexibility: matthewgnagler.substack.com/p/dont-be-a-...
My most recent Substack gets to the bottom of our conflicted ideas on cognitive flexibility: matthewgnagler.substack.com/p/dont-be-a-...
The narratives we employ influence our thoughts and so inevitably our choices (by way of our preferences).
Here’s what I wrote on the broader economics of this: link.springer.com/article/10.1...
The narratives we employ influence our thoughts and so inevitably our choices (by way of our preferences).
Here’s what I wrote on the broader economics of this: link.springer.com/article/10.1...
As always the quandary: Where do I find a new bookmark?
As always the quandary: Where do I find a new bookmark?