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Should Physician Pay Be Tied to Performance? - Wall Street Journal

Should Physician Pay Be Tied to Performance? - Wall Street Journal | behavioral economics | Scoop.it
Should Physician Pay Be Tied to Performance?
Wall Street Journal
David U. Himmelstein, also a physician and professor at the School of Public Health, and Dan Ariely, the James B.
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The Power of Habit and How to Rewire Our “Habit Loops”

The Power of Habit and How to Rewire Our “Habit Loops” | behavioral economics | Scoop.it
What Iraqi kebob vendors have to do with your New Year's resolutions.

As a young man, Benjamin Franklin set out to improve himself by dev
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People are overly confident in their own knowledge, despite errors

People are overly confident in their own knowledge, despite errors | behavioral economics | Scoop.it
Overprecision -- excessive confidence in the accuracy of our beliefs -- can have profound consequences, inflating investors' valuation of their investments, leading physicians to gravitate too quickly to a diagnosis, even making people intolerant...
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Conscience Accounting: Emotional Dynamics and Social Behavior

Abstract: We develop a dynamic model where people decide in the presence of moral constraints and test the predictions of the model through two experiments. Norm violations induce a temporal feeling of guilt that depreciates with time. Due to such fluctuations of guilt, people exhibit an endogenous temporal inconsistency in social preferences—a behavior we term conscience accounting. In our experiments people first have to make an ethical decision, and subsequently decide whether to donate to charity. We find that those who chose unethically were more likely to donate than those who did not. As predicted, donation rates were higher when the opportunity to donate came sooner after the unethical choice than later. Combined, our theoretical and empirical findings suggest a mechanism by which prosocial behavior is likely to occur within temporal brackets following an unethical choice.


Via Alessandro Cerboni
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Getting the Most Out of Life, One Chocolate at a Time

Getting the Most Out of Life, One Chocolate at a Time | behavioral economics | Scoop.it
On saving the best for last and the psychology of eating chocolates.
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Best of the Web Today: The Other Obesity Problem

Best of the Web Today: The Other Obesity Problem | behavioral economics | Scoop.it
James Taranto on behavioral economics and the ever-expanding state.
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Laurie Santos - Digital Shoreditch 2013: Behavioural Design - from Digital Shoreditch Assembly Hall

Laurie Santos - Digital Shoreditch 2013: Behavioural Design - from Digital Shoreditch Assembly Hall | behavioral economics | Scoop.it
Digital Shoreditch Assembly Hall by Digital Shoreditch on Livestream - Livestream.com
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Barry Schwartz - Practical Wisdom: The Right Way to Do the Right Thing

Vimeo is the home for high-quality videos and the people who love them.
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Daniel Dennett: Intuition Pumps and Other Tools for Thinking

Professor Dennett comes to Google to talk about his new book, Intuition Pumps and Other Tools for Thinking. Dennett deploys his thinking tools to gain tracti...
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Prize Lecture by George A. Akerlof - Media Player at Nobelprize.org

Prize Lecture by George A. Akerlof - Media Player at Nobelprize.org | behavioral economics | Scoop.it
Nobelprize.org, The Official Web Site of the Nobel Prize
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This is your brain on behavioural economics

This is your brain on behavioural economics | behavioral economics | Scoop.it
This is your brain on behavioral economics http://t.co/t8JdpZOgoo
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What are the best books on the psychology behind human decision making and irrationality?

What are the best books on the psychology behind human decision making and irrationality? | behavioral economics | Scoop.it
The best books on the psychology behind human decision making and irrationality.
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5 Biases in Decision Making – Part 2

5 Biases in Decision Making – Part 2 | behavioral economics | Scoop.it

Research in behavioral economics and social psychology continuously shows us that people are irrational when they make decisions. Dan Lovallo, professor of business strategy and Olivier Sibony, director at McKinsey & Co. are exploring the most common biases in business and how they create dysfunctional patterns of decision-making. The goal is to create a common language—when we are aware of our biases and their impact on our organizations, we have more power to overcome them.


Via Denis Failly
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Denis Failly's curator insight, June 17, 2013 12:20 PM

This post is part of a 3-Part series on the topic of Biases in Decision Making. Please click here for Part 1

http://www.business2community.com/strategy/bias-in-decision-making-part-1-0509961.

The third installment will be posted next week.

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Why Wanting Expensive Things Makes Us So Much Happier Than Buying Them

Reuters
The idea that you can't buy happiness has been exposed as a myth, over and over. Richer countries are happier than poor countries. Richer people within richer countries are happier, too. The evidence is unequivocal: Money makes you happy.
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Men prosper by getting sweaty with other men - SmartPlanet.com

Men prosper by getting sweaty with other men - SmartPlanet.com | behavioral economics | Scoop.it
Men prosper by getting sweaty with other men
SmartPlanet.com
It combined pheromone research with behavioral game theory of experimental economics. Its results were fairly conclusive.
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Verilliance's curator insight, June 6, 2013 1:52 PM

"it seems that androstadienone increased cooperation in ultimatum and dictator [games].”

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New White Paper: Using Behavioral Economics for Postsecondary Success | ideas42

New White Paper: Using Behavioral Economics for Postsecondary Success | ideas42 | behavioral economics | Scoop.it
interesting reading - behavioral economics applied to post-secondary application, transition, & completion http://t.co/VyViLCYEtL #sbleads
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Op-Ed Contributors - Economics Behaving Badly - NYTimes.com

Op-Ed Contributors - Economics Behaving Badly - NYTimes.com | behavioral economics | Scoop.it
The limits of what psychology can tell us about choices.
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Applying Behavioural Economics to Reduce Insurance FraudPrimeDecision

Applying Behavioural Economics to Reduce Insurance FraudPrimeDecision | behavioral economics | Scoop.it
How can behavioural economics be used to tackle propensity to exaggerate in insurance claims? Dan Ariely - Honest Truth about Dishonesty
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The Yale Law Journal Online - The Storrs Lectures: Behavioral Economics and Paternalism

1826
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Which Patients First? Setting Priorities for Antiretroviral Therapy Where Resources Are Limited

Which Patients First? Setting Priorities for Antiretroviral Therapy Where Resources Are Limited | behavioral economics | Scoop.it
Ahmet Murat Seferoglu's insight:

The most difficult decision to make, who gets treated when medical resources are scarce?

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Extreme Political Views Caused By The 'Illusion of Understanding' | PlanetSave

Extreme Political Views Caused By The 'Illusion of Understanding' | PlanetSave | behavioral economics | Scoop.it
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Decision-Making Under Stress: The Brain Remembers Rewards, Forgets Punishments | TIME.com

Decision-Making Under Stress: The Brain Remembers Rewards, Forgets Punishments | TIME.com | behavioral economics | Scoop.it
It's counterintuitive, but under stress we tend to focus more on the rewards than on the risks of any decision.
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The World's Best Behavioral Economics Reading List

The World's Best Behavioral Economics Reading List | behavioral economics | Scoop.it
Drop everything and start reading. (Downunder daily will be sorely missed #minack http://t.co/jIVR80FZvN)
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