Abstract: Numerous laboratory studies reveal that incidental emotions produce distinct effects on risky decision-making: e.g. while fear induces risk-averse choices, anger promotes risk-seeking choices. Accordingly, if risky driving decisions cause car accidents, emotionally arousing events might influence accident rates. Noting studies showing effects on voters’ happiness for both the 2016 UK Brexit referendum and 2016...
Abstract: We run a laboratory experiment testing the correlation between time preferences and cheating at the individual level. In our experiment cheating increases the earnings of those who commit it and it only entails a moral cost for the cheater. Our hypothesis is that cheating is higher among individuals who attribute more importance to the...
Abstract We examine the relationship between financial literacy and attitudes to cryptocurrencies, using microdata from 15 countries. Our financial-literacy proxy exerts a large negative effect on the probability of currently owning cryptocurrencies. The financially literate are also more likely to be aware, but not to intend to own cryptocurrencies. We show that the relationships are...
Abstract In this seminar, first the philosophy behind the best-worst method (BWM), a multi-criteria decision-making (MCDM) method developed in 2015 is discussed. Then, it is shown how an MCDM problem can be formulated and solved by BWM. More specifically the non-linear and linear models of BWM are presented with some examples. Then, the way we...
Full details of the seminar schedule Date Time Room Speaker Title Affiliation 7th October 14:00-15:00 online Jafar Rezaei Foundations of Best-Worst Method (an MCDM method) Delft University of Technology 21st October 14:00-15:00 online Georgios Panos Financial literacy and Attitudes to Cryptocurrencies University of Glasgow 28th October (jointly with Economics) 15:00-16:30...
We intend to resume our seminars when meetings are posible again. We will circulate more information then.
Abstract Dementia affects the individual’s ability to make decisions and to undertake everyday activities. When the individual who is living with dementia (the Person) does not have decisional capacity the Carer may need to make the decision. This can create a dilemma for Carers. Carer decision makers find their role challenging, stressful and they experience...
Abstract In one of the articles on experts’ and lay-people’s perceptions of toxicological principles, Kraus, Malmfors, and Slovic (1992) coined the expression ‘intuitive toxicology.’ The term describes how people relied on their senses of sight, taste or smell to detect toxicological risks before the science of risk analysis was introduced. Consumer products or substances in...
Abstract HRMC houses the largest behavioural insights team in the UK government. The team focuses on applying behavioural Insight to improve taxpayers experience and fund public services. The team has run more than 50 Randomised-Controlled Trials targeting different facets of taxpayers’ behaviour such as reminding taxpayers to file their tax return on time, encouraging uptake...
Details of individual seminars (abstracts and biography of speaker) will be added to this schedule as they become available. If you would like to be added to our mailing list, please contact Barbara Summers ([email protected]) Date Time Room Speaker Title Affiliation 29th Jan 14:00-15:00 Charles Thackrah room 1.05 Vedran Lesic Applying behavioural insights across HMRC:...
