Economists Do It With Models

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Entries Tagged as 'Behavioral Econ'

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What My (Non)Students Have Been Learning, Behavioral Economics And The Simpsons Edition…

November 16th, 2012 · 5 Comments
Behavioral Econ · The Simpsons

You’d think that my students would be sick of hearing me talk by now, but instead one of them invited me to speak at a meeting of the Northeastern University Economics Society. (Not coincidentally, they were also selling their version of an Economists Do It With Models T-shirt.) When I asked my student what I [...]

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Tags: Behavioral Econ · The Simpsons

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Follow Up: From The I Told You So Department, Voting Nudges Edition…

November 13th, 2012 · 3 Comments
Behavioral Econ · Follow Ups

Hey, remember that time last week when I pointed out that Obama’s campaign emails had social science research written all over them? If my strategy were to support the candidate that best incorporated behavioral economics into his campaign strategy, Barack Obama would clearly have my vote. Why? Because he presumably (though perhaps accidentally) took a [...]

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So Crazy It Just Might Work, Voting Nudges Edition…

November 5th, 2012 · 3 Comments
Behavioral Econ

I got the following in my email inbox last night: Jodi – This is cool: You can see exactly how many people named Jodi have already voted. Take a look at that. Then share it with your friends so they can see how many people with their names have voted, too — and look up [...]

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Tags: Behavioral Econ

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What I’ve Been Doing Over My Summer Vacation, Music Industry Edition…

August 31st, 2012 · No Comments
Administrative · Behavioral Econ · Music Biz

First my apologies for being light on the pasting as of late. Part of that is me being lazy (hey, it *is* summer, after all), but part of it is due to the fact that, via the obviously excellent judgment of Columbia University Press, I am working on not one, but two books on the [...]

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Tags: Administrative · Behavioral Econ · Music Biz

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When Price As A Signal Of Quality Goes Awry…

August 8th, 2012 · 7 Comments
Behavioral Econ · Buyer Beware

It’s often true that high-quality goods have higher price tags, and there are a number of rational reasons why this could be the case- higher production cost, more limited supply, higher demand, etc. Higher demand, in turn, is rationally due to increased utility from consuming the high-quality product. It makes sense then, to some degree, [...]

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Tags: Behavioral Econ · Buyer Beware