Archive for the ‘Anticipatory behavioral economics’ Category

How many times have you heard “a reduction in consumer spending” with a negative connotation over the last 12 months? How many times have you heard “an increase in consumer spending” portrayed as positive news? In John Tamny’s recent article “Saving as a Stimulus“, he references the headline “Hard-Hit Families Finally Start Saving, Aggravating Nation’s [...]

One popular view is that the financiers involved in the economic crisis were evil human beings. Not only is this view incorrect; I worry that adapting it will not lead us to actually fixing the real problems in the market. 
Here, it’s helpful to describe a set of experiments we have done with some MIT and [...]

One lesson to emerge from the current financial crisis is the importance of setting, and adhering to, financial goals. Financial institutions continue to develop better tools to help consumers gain financial literacy. As they do, here are a few things I think they should keep in mind.
 The health care industry has shown that some simple [...]