Behavioural Quotes
Since the web is totally worldwide, we need a set of behavioural rules, laws they are commonly called, that are accepted worldwide. There is a big difference as to how things are treated in the U.S. and Europe and Asia.
Tags: Big, Difference, Since ✍ Author: Robert CailliauInterestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it's called, on the cusp of economics and psychology.
Tags: Hot, Human, Moment ✍ Author: Evan DavisPersonally, I don't see old economics and behavioural economics as opposed. It is useful to assume people are rational as a good approximation to their long term behaviour, but it would be unwise not to think how in practice their behaviour may deviate from that simplifying assumption.
Tags: Good, May, Old ✍ Author: Evan DavisPut simply, behavioural economics argues that human beings' decision-taking is guided by the evolutionary baggage which we bring with us to the present day. Evolution has made us rational to a point, but not perfectly so. It has given us emotions, for example, which programme us to override our rational brain and act more instinctively.
Tags: Brain, Human, Put ✍ Author: Evan DavisThe same stimuli in the world can be inducing very different experiences internally and it's probably based on a single change in a gene. What I am doing is pulling the gene forward and imaging and doing behavioural tests to understand what that difference is and how reality can be constructed so differently.
Tags: Change, Forward, Single ✍ Author: Lawrence Eagleburger