This was really concise, engaging and helpful. Thank you.
@valerionetophdcandidate8 ай бұрын
very good mate!
@shreyashwatile79010 ай бұрын
Great Video.... Thank you for the explanation.
@user-je8mt8ri5i Жыл бұрын
thank you for all the works, that’s really helpful for my final test.
@divyanshsharma8586 Жыл бұрын
Thank you
@sanderbooij6593 Жыл бұрын
Thank you, very clear explanation.
@buluak1115 Жыл бұрын
Super interesting, thank you
@trapattoni_ Жыл бұрын
Great explanation! Thanks!
@cissereggers4896 Жыл бұрын
Ur a true legend for making these vids man! I have a psychology exam tomorrow and ur vids helped me a lot in understanding the essentials of behavioural economics. Was surprised to see that ur channel is quite unknown because you explain in a very clear and relaxing way!
@chumunai3619 Жыл бұрын
thank you for the video adam
@JocelynDavies-wc7hh Жыл бұрын
Brilliant
@JocelynDavies-wc7hh Жыл бұрын
Thank you so much for these videos, you have a beautiful way of explaining these concepts
@tradeo8899 Жыл бұрын
I think I would always prefer the cheesecake over the apple, 1 week, 1 month, or 1 year from now 😂 Some more examples would’ve been nice, but good job, thank you!
@gabrielanders9689 Жыл бұрын
Hey gr8 videos! Is it possible to book a lesson on zoom?
@buhja5432 жыл бұрын
Pov: its a tuesday night 20:00 a poor student is trying to study for an behavioral economics exam and after years of searching he finally found a person that explained the sure thing principle better than any teacher ever could
@shivanshshukla5883 Жыл бұрын
Same same
@dolarizacionenaccion7902 жыл бұрын
Thank you for this series, it's been an amazing guide to the world of Behavioural Economics. I was supposed to go to LSE to do a Masters on this right before the pandemic started... obviously I didn't go, but I'm highly motivated now to try again as soon as COVID allows it. Thanks!
@dolarizacionenaccion7902 жыл бұрын
No link to the Hawthorne Effect :(
@dolarizacionenaccion7902 жыл бұрын
This is 28 not 29 ;)
@dolarizacionenaccion7902 жыл бұрын
The only problem with this and the previous James Dean effect is the influence of institutions such as the church, that bias people responses. Having dealt with people in lots of pain, I have seen them wishing not to live any longer YET not choosing to die because their religion forbids them to do so. Or the opposite: what about the terrorists that choose to die because they are promised "72 virgins" in paradise. Totally irrational!
@dolarizacionenaccion7902 жыл бұрын
I'm watching them till the end...
@dolarizacionenaccion7902 жыл бұрын
Would this be related to the Decoy Effect?
@dolarizacionenaccion7902 жыл бұрын
Would this be kind of a reverse Markowitz effect?
@dolarizacionenaccion7902 жыл бұрын
So if you got a bad pizza from Pizza Parlor (a) could you have both REGRET and DISSAPPOINTMENT, substracting from the option received?
@dolarizacionenaccion7902 жыл бұрын
Excellent videos. I wonder that, if from the Public Policy position, the risk attitude of the quadrant of Losses with High Probability (upper right) would apply to what many goverments do about Public Debt that they take on and on always aiming to "escape" from it by maybe passing it along to the next goverment and/or other circumstance. I mean this mostly applied to third world countries....Venezuela could be a case in point.
@maciej29382 жыл бұрын
Great format! Helped me a lot! Thanks :)
@rajsahoo72712 жыл бұрын
Thanks for the simplest form of illustration. Any literature suggestion on the idea of 'signalling cooperation'- in a collective action issue- where sustained cooperation of environmentally friendly behaviours (consumption) is a challenge.
@toplingtower12 жыл бұрын
A brilliant format for making things concise and understandable, thank you
@adamoliver5942 Жыл бұрын
Glad it was helpful!
@tobypark44502 жыл бұрын
This is great, thanks Adam - though two thoughts: 1. your behavioural/rational axis seems to cover two things: i) whether or not the policy intervention is behaviourally-informed (e.g. it leverages non-conscious processes), and ii) whether or not the justification for intervention is behaviourally informed (e.g. recognising consumers' tendency to self-harm against their true preferences). To my mind those are very different things, and you could have all four permutations. I suppose the regulatory / liberty axis somewhat solves that but isn't quite the same thing - would you agree? (e.g. liberty-preserving interventions are not inherently behaviourally-informed interventions) 2. It's hard to draw in 4-D I guess (!), but it would be nice to have a fourth axis, something like 'agency of decision' to differentiate Boosts and information provision from Nudges rooted in choice architecture and non-conscious cues. In fact maybe that would be a more useful third axis than the behavioural/rational axis, since you exclude anything rational as not behavioural policy anyway.
@adamoliver59422 жыл бұрын
These are good points, Toby. We should have a chat at some point.
@Artemis0112-y6j2 жыл бұрын
Great lesson!
@natuhwerajustus19102 жыл бұрын
These are great short videos. Straight to the point
Пікірлер
Well, not better than any teacher…
This was really concise, engaging and helpful. Thank you.
very good mate!
Great Video.... Thank you for the explanation.
thank you for all the works, that’s really helpful for my final test.
Thank you
Thank you, very clear explanation.
Super interesting, thank you
Great explanation! Thanks!
Ur a true legend for making these vids man! I have a psychology exam tomorrow and ur vids helped me a lot in understanding the essentials of behavioural economics. Was surprised to see that ur channel is quite unknown because you explain in a very clear and relaxing way!
thank you for the video adam
Brilliant
Thank you so much for these videos, you have a beautiful way of explaining these concepts
I think I would always prefer the cheesecake over the apple, 1 week, 1 month, or 1 year from now 😂 Some more examples would’ve been nice, but good job, thank you!
Hey gr8 videos! Is it possible to book a lesson on zoom?
Pov: its a tuesday night 20:00 a poor student is trying to study for an behavioral economics exam and after years of searching he finally found a person that explained the sure thing principle better than any teacher ever could
Same same
Thank you for this series, it's been an amazing guide to the world of Behavioural Economics. I was supposed to go to LSE to do a Masters on this right before the pandemic started... obviously I didn't go, but I'm highly motivated now to try again as soon as COVID allows it. Thanks!
No link to the Hawthorne Effect :(
This is 28 not 29 ;)
The only problem with this and the previous James Dean effect is the influence of institutions such as the church, that bias people responses. Having dealt with people in lots of pain, I have seen them wishing not to live any longer YET not choosing to die because their religion forbids them to do so. Or the opposite: what about the terrorists that choose to die because they are promised "72 virgins" in paradise. Totally irrational!
I'm watching them till the end...
Would this be related to the Decoy Effect?
Would this be kind of a reverse Markowitz effect?
So if you got a bad pizza from Pizza Parlor (a) could you have both REGRET and DISSAPPOINTMENT, substracting from the option received?
Excellent videos. I wonder that, if from the Public Policy position, the risk attitude of the quadrant of Losses with High Probability (upper right) would apply to what many goverments do about Public Debt that they take on and on always aiming to "escape" from it by maybe passing it along to the next goverment and/or other circumstance. I mean this mostly applied to third world countries....Venezuela could be a case in point.
Great format! Helped me a lot! Thanks :)
Thanks for the simplest form of illustration. Any literature suggestion on the idea of 'signalling cooperation'- in a collective action issue- where sustained cooperation of environmentally friendly behaviours (consumption) is a challenge.
A brilliant format for making things concise and understandable, thank you
Glad it was helpful!
This is great, thanks Adam - though two thoughts: 1. your behavioural/rational axis seems to cover two things: i) whether or not the policy intervention is behaviourally-informed (e.g. it leverages non-conscious processes), and ii) whether or not the justification for intervention is behaviourally informed (e.g. recognising consumers' tendency to self-harm against their true preferences). To my mind those are very different things, and you could have all four permutations. I suppose the regulatory / liberty axis somewhat solves that but isn't quite the same thing - would you agree? (e.g. liberty-preserving interventions are not inherently behaviourally-informed interventions) 2. It's hard to draw in 4-D I guess (!), but it would be nice to have a fourth axis, something like 'agency of decision' to differentiate Boosts and information provision from Nudges rooted in choice architecture and non-conscious cues. In fact maybe that would be a more useful third axis than the behavioural/rational axis, since you exclude anything rational as not behavioural policy anyway.
These are good points, Toby. We should have a chat at some point.
Great lesson!
These are great short videos. Straight to the point