New Nature paper documents punctuated cooperative decline in a field social dilemma: motivation/effort decay, not learning or strategic defection, drives the sawtooth pattern. Restart effects grow in magnitude but decay in duration. #humancooperation #collectiveaction #behavioraleconomics https://www.anthropology.net/p/tired-of-paying-why-human-cooperation
Tired of Paying: Why Human Cooperation Slowly Wears Out

A five-year study of group lending in Sierra Leone finds that cooperation doesn’t collapse rationally — it erodes psychologically, and the fix is surprisingly simple but increasingly temporary.

Anthropology.net

The expansion of the iGaming sector presents significant challenges regarding consumer protection and the efficacy of digital regulatory frameworks. 🏛️📜

"Is There Such a Thing as Safe Online Gambling?" For those interested in digital policy, behavioral economics, and public safety in the internet age, this is an excellent resource.

Full article here:
🔗 https://www.mattsheabooks.net/is-there-such-a-thing-as-safe-online-gambling/

#DigitalPolicy #MattShea #PublicSafety #OnlineRegulation #ConsumerRights #CyberEthics #BehavioralEconomics

Is There Such a Thing as Safe Online Gambling? - Matt Shea Books

Is safe online gambling real? Explore the risks, psychology, and hard facts behind digital betting and what true protection is.

Matt Shea Books

Being ill/unmotivated is giving me a chance to catch up on Jon Stewart's Weekly Show podcast. At the end of his Oren Cass show he says he got a lot of hate for his performance with Richard Thaler. I like Thaler so I am now listening to the show to see what went down. Oh boy Jon, listen you oaf! You're not giving Richard a chance to make his points and so you never got to learn anything. 100% you deserved the shit you got. Also I think he successfully wrangled you and took the piss out of you which made the show fun despite its problems.

Final Score:
Jon Stewart 0
Richard Thaler 1

#JonStewart
#RichardThaler
#Economics
#BehavioralEconomics

https://pca.st/podcast/6930ae10-ebba-0139-a517-0acc26574db2

The hardest financial skill is doing nothing. 🛑💰

We feel like we need to move money to make money. That is the trap. Compounding only works if you stop interrupting it. The urge to "tinker" with your portfolio is usually just anxiety disguised as strategy.

Watch The Psychology of Money by Morgan Housel Book review: https://youtu.be/vICjgRLiFJA 

#Patience #LongTermInvesting #FinancialPsychology #BehavioralEconomics #BookReview
Why do scratch cards feel like a good idea when the math clearly says they’re not?
New podcast episode explores how intuition fails us when probabilities get extreme. https://open.spotify.com/episode/5sQrIPz5DEJQ2mE4EvvFzb?si=zNWRt-fHSkCjxjV7P5Z9ww
#BehavioralEconomics #EmberhartJourney #PositiveParenting #KindnessRocks#DecisionMaking #RiskPerception #Podcast
May the Odds Never Be in Your Favor: Probabilities of Winning Christmas Scratch Cards

Emberhart Podcast · Episode

Spotify
Danny Kahneman remembered by Gerd Gigerenzer

We’re excited to introduce Yijun Zhang as a Fox International Fellow, visiting Yale University from the National University of Singapore.
Yijun’s research examines the effects of government policies on panic buying in the United States using Google search data.
#YaleFoxFellowship
#ConsumerBehaviors
#BehavioralEconomics
#NationalUniversityofSingapore

Cass Sunstein (@CassSunstein)

대형언어모델(LLM)이 행동적 편향을 보이는지에 대한 중요 논문을 소개합니다. 요약하자면 LLM은 선호(preferences) 측면에서 편향을 보이는 반면, 신념(beliefs) 측면에서는 그렇지 않은 경향을 보인다는 결론을 제시하며 관련 학자들을 태그해 주목을 촉구합니다.

https://x.com/CassSunstein/status/2015765982715752852

#llm #aibias #behavioraleconomics #research

Cass Sunstein (@CassSunstein) on X

Do LLMs show behavioral biases? (Short answer: Yes, with respect to preferences; not so much, with respect to beliefs.) Important paper. @tylercowen @R_Thaler @m_sendhil https://t.co/2ESHyrYlB5

X (formerly Twitter)
One Sentence at a Time: A Quantitative #History of Rationality in Economic Thought https://d.repec.org/n?u=RePEc:osf:socarx:38na2_v1&r=&r=big
"… Combining large language model–based semantic analysis with bibliometric and network methods, we identify and cluster discussions of #rationality across time and scales, such as the circulation of #boundedRationality and the emergence of #behavioralEconomics."
#llm #het #EconomicThought