Showing posts with label Behavioural Economics. Show all posts
Showing posts with label Behavioural Economics. Show all posts

Saturday, 16 January 2010

Behavioural Economics of War


Tim Harford analyses insurgents' behaviour by looking at their incentives and applying some tenets of behavioural economics to new tactics by generals in Afghanistan. It is here

For me, it usefully shows how even new and popular branches of economics have absolutely no moral dimension.

Make blogs, not war. Peace.

Monday, 2 November 2009



"What are the options when you got an inferior product in an aggressive marketplace?"

Stringer Bell has to deal with inferior product in a competitive market place

Thursday, 11 September 2008

Rational Behaviour

Here is a good example of how economists behave.  It is also a good example to show how the social optimum (the outcome where we would all benefit more) is less favoured than individual gain.  Shame.