Tag Archives: behaviouraleconomics

How high agreeableness meant Aussies tolerated COVID restrictions – latest podcast episode with QUT’s Dr Stephen Whyte

It’s been remarkable how tolerant Australians have been of all the COVID-related restrictions, some of which, to me, appeared excessive and unjustifiable, such as some of the interstate border restrictions and the snap three-day Brisbane lockdown earlier this year. QUT’s … Continue reading

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Behavioural Finance podcast chat with Dr Tracey West of Griffith Business School

The latest episode of my Economics Explored podcast considers the emerging field of behavioural finance, which is basically the application of behavioural economics to finance. It considers lessons from this field for households, investors, and governments. The episode features an … Continue reading

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Recommended reading: This is Marketing by Seth Godin

Last month, at the ESA-Griffith-QUT-UQ Economics Summer School held at O’Reilly’s Rainforest Retreat, Griffith University Senior Lecturer Andreas Chai gave a fascinating presentation on his research on consumption patterns. Here are the important points from Andreas’s report for UNIDO on … Continue reading

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Economics of online dating: upcoming WEN/ESA event at Alliance Hotel, 16 May

The news that Facebook is expanding into online dating reminded me of an upcoming event on the Economics of Online Dating at the Alliance Hotel, Spring Hill on Wednesday 16 May featuring QUT economist Stephen Whyte, and hosted by the … Continue reading

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Young Economist Award winner Lionel Page to explain how people can be “optimally irrational”

Last year, the Prime Minister launched a behavioural economics or “Nudge” unit in his Department (see my post from last November), following similar initiatives in the US and UK. The Government is looking at how it can use the insights … Continue reading

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“Why economics matters” is the theme of ESA Qld Presidency of Prof. Flavio Menezes

With an upcoming federal election that will feature a contest over tax policy, including negative gearing and whatever proposals the Government announces, Australians should brace themselves for an onslaught of economic arguments. The Government will argue the Opposition’s policy will … Continue reading

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Governments find a gentle nudge can get results

Australians should be prepared for more nudges from government agencies encouraging us to do the right thing, similar to recent examples such as letters from the ATO urging us to pay our taxes to support our way of life, and … Continue reading

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