When I stayed at the Galapagos Islands a few years ago, one striking observation was the state of the backyards owned by the farmers living in the highlands of the Island San Cristobal. The ground behind the farmhouse was full of garbage – plastic packaging, children's old toys, unused tools... I was wondering why in … Continue reading How is pro-environmental behavior influenced by social norms?
"Present" - A Universal Bias The concept of present bias is a foundational--and extensively studied--concept within behavioral economics. Simply put, it describes the tendency for economic actors (i.e. people!) to place a higher value on the present as compared to the future. It is widespread to the point of anecdote--most everyone has at some point … Continue reading Present Tension: Implications of Present-Bias Heterogeneity on Development Aid and Initiatives
If you type “global health” into the search box on the New York Times website, you get an impression of the frequency with which positive and negative news on this topic alternate. One can read about falling rates of infant deaths on the African continent, promising new Malaria drugs, and the record low of worldwide … Continue reading Behavioral Insights- How to tackle challenges in the global health sector
Looking back in history, there has always been a gap between men and women not only in terms of wages but also in the opportunities both sexes have been given inside and outside the labour market. Different scholars have shown that up until now women are still dealing with discrimination, occupational segregation and different perceptions … Continue reading If there was financial security for all, would the world (as we know it) go down? – A look on gender equality and the abilities of a basic income
People are prone to compare their assets with other persons of their social-reference group, especially above their rank (Boyce et al 2010). This leads to an important implication in explaining happiness: It´s not your income that makes you happy, it´s all about your income rank. An increasing income lacks in giving a person more happiness … Continue reading Does social media negatively affect perceived relative living conditions?
Corruption has been one of the high priority that international organizations such as the IMF, World Bank, the UN and OECD have become increasingly interested in the fight against. More economists are involved in studying the effects of corruption on economic growth as it is perceived as a detrimental to economy and sustainable development path. … Continue reading Does FDI trigger or hinder corruption?
fA Critical Review of Food-Based Poverty Traps There’s an interesting tension between libertarianism and paternalism when we talk about the lives of the poor. One the one hand, certain analyses of poverty take a rather patronizing view of the poor. These approaches often feature some exogenously-defined “rationality” criteria which are supposed to advance the lives … Continue reading Poor Choices or Poor Analysis?