
The daily blog of behavioral and cognitive economics
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The daily blog of behavioral and cognitive economics by Alessandro Innocenti.
The daily blog of behavioral and cognitive economics
2d ago
How to Solve a Chicken Wing Mystery At a whopping 276 in 12 minutes, Australian James Webb won the wings eating competition in Buffalo on September 1, 2024. However, you might wonder (as did I) how they select the winner when everyone strips chicken off a bone–some more and some less. They solve the problem ..read more
The daily blog of behavioral and cognitive economics
3d ago
What a 1980s Power Ballad Taught Me About Emotion It wasn’t a particularly memorable fall Saturday morning, except for the fact that my younger daughter, Dani, was out of sorts. My family and I were about to pile into the car for her soccer game, normally one of the highlights of the week, but Dani ..read more
The daily blog of behavioral and cognitive economics
3d ago
Sleep Strengthens Emotionally Charged Memories During Non-REM Phase Researchers have discovered that positive emotions enhance perceptual memories during sleep, particularly in the non-REM stage. Using mice, they found that memories linked to rewarding experiences lasted longer than neutral ones. The amygdala plays a key role in strengthening these memories by activating a tri-regional circuit with ..read more
The daily blog of behavioral and cognitive economics
5d ago
Is it more difficult for people with depression to manage their money? Recent observations and studies have pointed, in recent years, to altered reward processing in people living with depression, considering that hopelessness is part of the clinical picture of the disease. Depressed mood is often also associated with a lack of positive expectations, which ..read more
The daily blog of behavioral and cognitive economics
6d ago
How Zero-Sum Beliefs Get in the Way of Fairness A fairness myth we frequently encounter is what one of the leading decision-making and negotiation scholars, Max Bazerman, calls the “mythical-fixed-pie mindset”: the often-incorrect assumption (also called zero-sum thinking) that one person’s gain has to equal another person’s loss, or that there is only a finite ..read more
The daily blog of behavioral and cognitive economics
1w ago
Let me open a treasure chest to explain how metaphor works Once maligned by philosophers, metaphors are a key communication tool for extending the power of literal speech. A starry-eyed Romeo stares up at a balcony and sighs: ‘But, soft! what light through yonder window breaks? / It is the east, and Juliet is the ..read more
The daily blog of behavioral and cognitive economics
1w ago
When We Feel Payment Pain In its quarterly earnings report, American Express said that 2024 was an especially good year. As always, it collected massive money from merchants. And yes, it charged huge card membership fees. However, rather than its wealthy dependable clients that pay the entire bill every month, AMEX collected rising revenue from ..read more
The daily blog of behavioral and cognitive economics
1w ago
Interview with Patrick Fagan, Behavioural Scientist Welcome to the Spixii Spotlight, a series designed to interview great minds in the insurance and InsurTech space. This month, we picked the brains of Patrick Fagan, behavioural scientist, lecturer, media commentator, self-described ‘Alpha Primate’ at BrainChimp and one of Spixii’s first advisors. Emma: Hi Patrick! In your last ..read more
The daily blog of behavioral and cognitive economics
1w ago
Behavioral economic applications in the assessment, prevention, and psychological treatment of addictions Addictions is a very important topic that worries psychologists all over the world, due to the severity of their consequences in people’s lives. As we already know, behavioral economics is a hybrid discipline that combines principles of economics and psychology to explain human ..read more
The daily blog of behavioral and cognitive economics
1w ago
‘Female narcissism is often misdiagnosed’: how science is finding women can have a dark streak too Picture a psychopath. Who do you see in your mind’s eye? Chances are it’s a man. And chances are your answer would be similar if you were asked to picture a narcissist. From Charles Manson and Ted Bundy to ..read more