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Bounded Rationality and Behavioral Frictions: Why Simple Digital Tools Outcompete “Built-In” Features

Bounded rationality explains why users choose simple tools like ROI calculators over complex built-in features....
4 min read
Royal mail privatisation
Business economics

Royal mail privatisation

Published on January 29, 2020

Tesco and Booker merger
Business economics

Tesco and Booker merger

Published on January 29, 2020

Asda-sainsbury-merger
Business economics

Asda-sainsbury-merger

Published on January 29, 2020

Keynes
Managing the economy

Keynes

Published on January 29, 2020

Poverty
Managing the economy

Poverty

Published on January 29, 2020

Balance of payments
Global economics

Balance of payments

Published on January 29, 2020

Business economics

Zero-hours-contracts

Published on January 29, 2020

Fiscal policy
Global economics

Fiscal policy

Published on January 29, 2020

Equilibrium
Managing the economy

Equilibrium

Published on January 29, 2020

UK_Interest_rates
Updates

UK_Interest_rates

Published on January 29, 2020

Newer Posts
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Older Posts
When you are shopping online, is the seller using psychological tricks to manipulate you into buying more?

Dark Patterns and the Economics of Consumer Mistakes

Almost all of us have experienced websites using various strategies and gimmicks to urge us to buy more stuff. This is known as the use of dark patterns to take advantage of human psychology. What are the economic ramification of widespread ecommerce use of dark patterns?...
4 min read

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