#experimental-economics

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Productivity
fromFast Company
10 hours ago

3 tips from a cognitive scientist on how to beat decision fatigue

Cognitive effectiveness is influenced by circadian cycles and decision fatigue, which can be managed through effort-accuracy tradeoff strategies.
E-Commerce
fromTasting Table
3 hours ago

The Grocery Store Deal That's Specifically Designed To Make You Spend More - Tasting Table

Grocery stores use loss leaders to attract customers, often selling items at a loss to encourage additional spending on other products.
#risk-taking
Poker
fromBusiness Matters
3 days ago

Why People Love Taking Chances: From Holiday Deals to Game Shows

Taking risks triggers excitement and dopamine release, motivating behavior through the anticipation of rewards.
Books
fromThe Atlantic
3 weeks ago

The Art of Taking Smart Risks

Intelligent risk-taking involves distinguishing between reckless behavior and brave action, with society facing pressure from industries profiting off compulsive gambling rather than meaningful risk-taking.
Poker
fromBusiness Matters
3 days ago

Why People Love Taking Chances: From Holiday Deals to Game Shows

Taking risks triggers excitement and dopamine release, motivating behavior through the anticipation of rewards.
Books
fromThe Atlantic
3 weeks ago

The Art of Taking Smart Risks

Intelligent risk-taking involves distinguishing between reckless behavior and brave action, with society facing pressure from industries profiting off compulsive gambling rather than meaningful risk-taking.
Online learning
fromEntrepreneur
2 days ago

The Blind Spot That Makes Companies Repeat Costly Mistakes

Companies often fail to capture decision-making reasoning, leading to repeated mistakes and lost learning when leadership changes occur.
Psychology
fromPsychology Today
2 days ago

People Don't Just Update Beliefs, They Test Them

Understanding psychological change requires recognizing the role of control and mastery in actively pursuing change despite familiar limitations.
#prediction-markets
Women in technology
fromThe Atlantic
2 days ago

It's Not Gambling, It's 'Girl Math'

Prediction markets like Kalshi and Polymarket are primarily male-dominated, despite attempts to attract female users through social media campaigns.
Law
fromFast Company
2 weeks ago

Traders flocked to prediction markets-now a criminal case is testing the model

Arizona filed criminal charges against Kalshi, a prediction market platform, for operating an illegal gambling business and allowing bets on political races, despite the platform being federally legal as a financial trading platform.
fromFuturism
1 month ago
Startup companies

An Analysis Just Found Something Extremely Unflattering About What Happens to Users of Prediction Markets

Women in technology
fromThe Atlantic
2 days ago

It's Not Gambling, It's 'Girl Math'

Prediction markets like Kalshi and Polymarket are primarily male-dominated, despite attempts to attract female users through social media campaigns.
Law
fromFast Company
2 weeks ago

Traders flocked to prediction markets-now a criminal case is testing the model

Arizona filed criminal charges against Kalshi, a prediction market platform, for operating an illegal gambling business and allowing bets on political races, despite the platform being federally legal as a financial trading platform.
fromFuturism
1 month ago
Startup companies

An Analysis Just Found Something Extremely Unflattering About What Happens to Users of Prediction Markets

#motivation
Careers
fromPsychology Today
3 days ago

The Surprising Psychology of Being First or Last

Rank affects motivation, with top and bottom performers increasing effort, while mid-ranking individuals often disengage.
fromPsychology Today
2 months ago
Mental health

Is It Good or Bad to Use Rewards for Motivation?

External rewards can motivate some people but can undermine intrinsic motivation and discourage personal initiative in others.
Careers
fromPsychology Today
3 days ago

The Surprising Psychology of Being First or Last

Rank affects motivation, with top and bottom performers increasing effort, while mid-ranking individuals often disengage.
Business intelligence
fromFortune
3 days ago

More people are using AI to manage their money- but they won't let it make decisions alone | Fortune

Employees embrace AI for productivity but prefer human decision-making authority.
Marketing
fromFortune
3 days ago

Liking corporate BS may be a sign you're bad at decision-making, Cornell expert finds | Fortune

Corporate jargon can mislead and impair decision-making, as shown by research on receptivity to corporate bulls-t.
#decision-making
Mindfulness
fromInfoQ
4 days ago

Hidden Decisions You Don't Know You're Making

Decision-making is a fundamental aspect of work and life, influencing culture, relationships, and future choices.
Philosophy
fromThe Atlantic
1 week ago

How to Make Better Decisions

Decision-making quality shapes life outcomes, with two main models: heroic-visionary and technocratic, each having significant flaws.
Mindfulness
fromInfoQ
4 days ago

Hidden Decisions You Don't Know You're Making

Decision-making is a fundamental aspect of work and life, influencing culture, relationships, and future choices.
Philosophy
fromThe Atlantic
1 week ago

How to Make Better Decisions

Decision-making quality shapes life outcomes, with two main models: heroic-visionary and technocratic, each having significant flaws.
#financial-security
Digital life
fromPsychology Today
1 week ago

Holding Money vs. Seeing the Numbers

Many Americans feel anxious about financial security despite positive bank balances due to a disconnect between digital money and tangible assets.
Psychology
fromSilicon Canals
3 weeks ago

Behavioral economists found that people with substantial savings who live modestly aren't being frugal - they've discovered that the security of untouched wealth provides more psychological satisfaction than any material display ever could - Silicon Canals

Financial security from modest spending and consistent saving provides greater psychological satisfaction than wealth displays or increased consumption.
Digital life
fromPsychology Today
1 week ago

Holding Money vs. Seeing the Numbers

Many Americans feel anxious about financial security despite positive bank balances due to a disconnect between digital money and tangible assets.
Psychology
fromSilicon Canals
3 weeks ago

Behavioral economists found that people with substantial savings who live modestly aren't being frugal - they've discovered that the security of untouched wealth provides more psychological satisfaction than any material display ever could - Silicon Canals

Financial security from modest spending and consistent saving provides greater psychological satisfaction than wealth displays or increased consumption.
Poker
fromReadWrite
4 days ago

Americans view prediction markets as gambling, survey says

Most Americans view sports prediction markets as gambling rather than investing, raising concerns about consumer understanding and risk.
UX design
fromMedium
1 week ago

How behavioral science can help persuade our team to do one more user test

User testing is essential to identify usability issues and improve user trust before launching a product.
Mental health
fromSilicon Canals
2 weeks ago

There's a specific kind of financial anxiety that has nothing to do with how much money you have. It belongs to people who finally became comfortable but never updated the internal math that was written during scarcity, so every purchase still runs through a threat calculator from 1997. - Silicon Canals

Financial anxiety often stems from past experiences rather than current financial realities, affecting decision-making even in improved circumstances.
Psychology
fromPsychology Today
4 days ago

New Research: Some People Really Do Fall for Corporate BS

Employees impressed by corporate gibberish perform poorly in decision-making and confuse it with business savvy.
Business
fromFortune
2 weeks ago

Scott Bessent just defined market panic-and accidentally diagnosed the biggest problem with AI | Fortune

True market risk emerges when price discovery breaks down and buyers and sellers cannot reliably determine asset values, not from volatility itself.
Psychology
fromFast Company
4 days ago

Stop trying to 'educate' people into changing. Science proves it doesn't work

False assumptions hinder change; simply providing information does not guarantee behavior change.
E-Commerce
fromTasting Table
2 weeks ago

How To Outwit The Grocery Store 'Decoy Effect' That Causes You To Overspend - Tasting Table

The decoy effect is a retail marketing tactic that manipulates customer perception of value by introducing a strategically priced third option to make expensive items appear more valuable than budget alternatives.
Mindfulness
fromPsychology Today
2 weeks ago

How Money Impacts Your Attention and Pleasurable Thinking

Financial scarcity reduces pleasurable thinking despite common beliefs that it increases escapist mental activity.
Psychology
fromPsychology Today
1 week ago

Everything You Know About Negotiation Is Backwards

Effective negotiation relies on exceptional listening skills, which enhance communication and foster better relationships.
Higher education
fromPsychology Today
1 month ago

The Mathematics of Conflict Intelligence

Conflict intelligence is a dynamic capacity that evolves through adaptive responses, emotional regulation, perspective-taking, and systemic thinking rather than a fixed personality trait.
Psychology
fromPsychology Today
1 week ago

Our Inner Life Rules: Habit or Choice?

Inner rules governing self-treatment are often inherited and unexamined, with therapy providing a chance to consciously choose them.
fromMedium
1 month ago

The justification tax

Kantar's codebase was legacy old. The kind of technical debt that isn't a line item on a sprint board but a structural reality that shapes every decision the company makes. Rebuilding the architecture to support what I'd designed would have cost more than the organization was willing to invest, regardless of the Barilla deal sitting on the table.
UX design
Retirement
from24/7 Wall St.
1 month ago

From Saver to Spender: The Retirement Shift That Trips Up Even Smart Investors

Retirees struggle psychologically with spending savings despite adequate funds, as decades of saving discipline create loss aversion that makes withdrawals feel wrong rather than purposeful.
Mindfulness
fromPsychology Today
4 weeks ago

Why We Ignore Our Own Advice

People easily give advice about difficult decisions to others but struggle to follow their own wisdom when facing personal risk and discomfort.
fromwww.scientificamerican.com
1 month ago

How to win The Traitors, according to science

We watch people lying, and we know they're lying. And also, you watch people dealing with lying not very well and not enjoying it. The lying, backstabbing and manipulation the game inspires does indeed make for delightful TV viewing.
Television
Digital life
fromSilicon Canals
1 month ago

Psychology says people who always carry cash even though they rarely use it display these 8 traits-and most of them are connected to a generation that learned the hard way what happens when systems you trusted stop working - Silicon Canals

Cash carriers maintain physical money as insurance against system failures and to preserve spending autonomy, despite having digital payment options available.
fromEntrepreneur
1 month ago

How to Evaluate a Business Opportunity Without Letting Passion Blind You

Passion can work for or against you in a business model. Your goal? Make it work for you. First, I think we tend to categorize individuals with passion into the enigmatic genius entrepreneur who hits it big or takes the leap with the smallest of chances for success, only to watch them absolutely crush it.
Startup companies
Philosophy
fromApaonline
1 month ago

Will Pricing Algorithms Spell the End of the Fair Market Price?

Personalized pricing algorithms use consumer data to estimate individual willingness to pay and adjust prices accordingly, raising concerns about fairness and transparency in commerce.
fromBusiness Matters
1 month ago

Why Expense Policies Fail: A Deep Dive Into Workplace Psychology

Most company policies are written for a hypothetical, 'best-case' employee: rational, attentive, well-rested, and operating in a low-pressure environment. They assume employees will read the rules carefully, remember them, and apply them consistently at the point of purchase. As appealing as this assumption may be, it bears little resemblance to how real workplaces operate.
Business
Psychology
fromPsychology Today
3 weeks ago

The Science of Buying

Effective influence requires understanding how individuals process information, assess risk, and build trust rather than applying standardized pressure tactics.
Environment
fromThe Atlantic
1 month ago

Why We Can't 'Nudge' Our Problems Away

Individual responsibility narratives and behavioral nudges shift focus from systemic solutions, making people feel morally responsible while industries avoid regulation.
Psychology
fromPsychology Today
3 weeks ago

3 Ways to Convince Anyone to Do Anything for You

Charisma is a learnable skill developed through nonverbal communication channels including smiling, voice modulation, and body language that significantly increases persuasion and success in sales.
Philosophy
fromPsychology Today
1 month ago

Why Expert Predictions So Often Fail

True expertise is judgment under constraints, focused on diagnosing present problems and weighing tradeoffs, not predicting uncertain futures.
Education
fromPsychology Today
2 months ago

4 Decision Games That Changed Me

Tactical Decision Games (TDGs) using realistic scenarios strengthen mental models and produce long-lasting learning and memorable tactical insights.
fromPsychology Today
4 weeks ago

The Observer Effect in Everyday Life

In behavioral science, identity follows action. If you're generous, you'll begin to see yourself as generous. If you're a patient person, you'll come to see that as part of who you are. Over time, the brain will wire itself to repeat these patterns.
Psychology
Artificial intelligence
fromHarvard Gazette
1 month ago

When you do the math, humans still rule - Harvard Gazette

Mathematicians launched First Proof to test AI on recently solved research problems, showing AI excels at routine tasks but struggles with creative, conceptual breakthroughs.
Marketing tech
fromThe Drum
2 months ago

Treat the underlying causes, not the symptoms of marketplace inefficiency

Relying on Google's Chrome ad filter and the Coalition of Better Ads risks leaving many substandard ads unaddressed due to low standards and duopoly influence.
Venture
fromEntrepreneur
2 months ago

Fear and Uncertainty Stopped Me From Investing - Here's the Simple Framework I Used to Never Hesitate Again

Act when roughly 70% confident rather than waiting for perfect certainty, because early-stage opportunities are lost to hesitation and over-analysis.
Relationships
fromPsychology Today
2 months ago

Executive Function and Money

Executive dysfunction and personal money narratives can impair financial habits, but reframing money's emotional charge and using executive-function strategies can improve financial decisions.
Growth hacking
fromPsychology Today
2 months ago

How to Cultivate an Experimenter's Mindset

Treat failures as data; repeatedly test uncertain elements, join experiment communities, and desensitize to non-reward to build resilience and adaptiveness.
US news
fromwww.npr.org
1 month ago

5 papers from the Super Bowl of Economics

Industrial AI adoption typically causes firms' productivity to fall initially, then rebound, producing a J-shaped productivity trajectory.
Psychology
fromPsychology Today
1 month ago

The Power of Happenstance in Consumer Experiences

Unexpected product encounters generate stronger emotional connections and higher product evaluations than anticipated encounters.
fromFuturism
2 months ago

Researchers Just Discovered Something Startling About How Conservatives Pick Political Positions

As it turns out, neuroscience might be able to explain why. In a new study whose findings will surprise absolutely no one who's endured a fiery holiday dinner debate, researchers discovered that conservative and liberal brains don't just arrive at fundamentally different conclusions, but take strikingly different paths to get there. It's a fascinating piece of research which just might explain something about the yawning political divides currently tearing society apart.
US politics
Science
fromPsychology Today
2 months ago

How Serious Games Tackle Serious Problems

Serious games use entire games to solve real-world problems like climate change, wealth inequality, and political polarization, achieving research, education, and behavior-change outcomes.
UX design
fromMedium
2 months ago

The safest decision is rarely the right one

Data often becomes a safe substitute for judgment, enabling teams to avoid accountability and favor incremental, low-risk product choices over bolder, unproven innovations.
Television
fromWIRED
2 months ago

How Does the Hive Mind Work in 'Pluribus'?

An alien RNA-derived virus links infected humans into a radio-communicating hive mind, eliminating individuality while a small immune group resists.
fromPhys
2 months ago

Equal treatment ads can backfire, study finds

A new study published in Marketing Science has found that some of the most widely considered online advertising safety and fairness policies may actually boost ad platform revenues while improving fairness outcomes. The policies at the center of the study are around ads that are designed to help ensure that women, minorities and other protected classes are not disproportionately excluded from job, education and financial opportunities. The study, "Is Fair Advertising Good for Platforms?" by Di Yuan of Auburn University, Manmohan Aseri of the University of Maryland and Tridas Mukhopadhyay of Carnegie Mellon University, investigated whether policies intended to equalize exposure to economic-opportunity advertisements help or hurt ad platforms financially.
Marketing
Mindfulness
fromPsychology Today
1 month ago

Securing the Sweet Spot for Effective Decision-Making

Missing crucial information in communication shapes outcomes; improving attention, metacognition, and deliberate pauses reduces errors and strengthens cooperation with smarter tools.
fromSan Jose Inside
1 month ago

How To Manage Choice Fatigue In Online Poker

Online poker is a game of intensity, wit and strategy. It demands quick thinking and constant decision-making. Players need to have an astute ability to use their intuition and evaluate all the given information under immense pressure. For most players, their dips in performance around the table are primarily affected by choice fatigue rather than the presence of excellent opponents or bad luck.
Poker
Productivity
fromPsychology Today
2 months ago

The Case for Taking the Easy Path

Ease often reveals genuine strengths; concentrating effort on strengths builds deep expertise while selectively addressing essential weaknesses prevents spreading energy too thin.
#ai
UX design
fromMedium
4 months ago

The Psychology Of Trust In A World Where Products Keep Breaking Promises

Frequent product changes that alter established user workflows erode trust and increase confusion, making adoption harder in B2B/SaaS environments.
fromFast Company
2 months ago

Why it pays to believe in luck

The oil tycoon J. Paul Getty was rumoured to have said that his three rules for how to become rich were: Rise early. Work hard. Strike oil. It's one of those eminently quotable remarks because it captures something we all know to be true, that luck and chance have as much to do with success as anything else. Yet we don't value people for their luck.
Philosophy
Mindfulness
fromSilicon Canals
2 months ago

Psychology says people who eat the crust first display these 6 traits about delayed gratification that predict financial success - Silicon Canals

Crust-first eating reflects a tendency toward delayed gratification linked to traits associated with financial stability and long-term decision-making.
Philosophy
fromVaughntan
2 months ago

Judgment from the ground up - Vaughn Tan

Organizations must train junior staff in critical thinking and subjective decisionmaking through low-stakes, real decisions to avoid bottlenecks and succession crises.
fromSilicon Canals
1 month ago

Psychology says people who always pay with exact change display these 7 personality traits that go beyond just being organized - Silicon Canals

They're displaying a fascinating set of personality traits that go much deeper than having their finances sorted. 1) They have exceptional impulse control Think about what it takes to always have exact change ready. You need to resist the urge to spend those coins on vending machines or leave them as tips. You have to plan ahead, knowing what you'll buy and preparing accordingly.
Psychology
Psychology
fromPsychology Today
1 month ago

Confirmation Bias and the Choices We Make

Confirmation bias leads people to interpret the same events differently, complicating truth-finding during misinformation while open-mindedness and better methods can improve accuracy.
Psychology
fromPsychology Today
2 months ago

Why Bluffing Isn't Always Just "Harmless" Fun

Bluffing is a widespread psychological tactic that escalates from opportunistic signaling to organized deception, enabling scams and fraud by exploiting trust and cognitive biases.
Psychology
fromPsychology Today
2 months ago

How You Decide If Something Is Expensive

False urgency, social comparison, and lifelong financial anchors distort perceived value, leading to purchases that prioritize short-term emotion over long-term utility.
Psychology
fromSilicon Canals
1 month ago

Why you keep buying things you don't need-and how to stop, according to experts - Silicon Canals

Emotional states and dopamine-driven reward responses fuel impulsive, unnecessary purchases, causing repeated overspending despite awareness and intentions to save.
fromPsychology Today
2 months ago

The Cause Illusion

Ever since our ancestors first stood upright and squinted at the horizon, we've been wired to notice patterns. A rustle in the grass might have meant a stalking predator. Dark clouds often meant rain. Those who made these connections and guessed that one thing caused another tended to survive. Over time, this ability to link events became one of our most significant evolutionary advantages. It's how we built tools, tamed fire, and eventually invented Wi-Fi.
Psychology
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