Eid Mubarak, dear all. We wish you and your families a very happy and peaceful time.

Imagine your livelihood and that of your neighbors depends on a common resource that replenishes itself naturally. As a community, you learned over time, with a high degree of certainty, the replenishment cycle and were able through social norms and customs to share the common resource. Recently, however, the replenishment cycle rapidly became unpredictable and you, as everyone else, became uncertain about your share. Read More

We wish you a blessed Ramadan 2023. May you celebrate it with your beloved ones being safe, well and happy.

As the year is about to come to an end, we would like to say thank you to our clients, partners, affiliates, and, of course, to our friends and families.

Thank you all for making this year so incredible.

Thought experiment: Your robot lawnmower crosses its perimeter wire, proceeds into your neighbor’s garden, and cuts a power cord. The flying sparks set the neighbor’s swing chair on fire. Who is responsible for the damage?

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Resisting temptation can be a real struggle. Self-control problems are life-long companions to many people who often find it hard to adopt better eating or exercise habits, or to stick to other plans they have set for themselves. In turn, the ability to exert self-control helps people achieve their long-term goals.

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A motivational account and self-other differences

Have you ever day-dreamed about winning the lottery? You can almost see yourself being happy until the end of your days, spending great holidays in paradisiac beaches while at the same time investing your money wisely to prosper. And what about if you got dismissed from your job for professional misconduct? You would not have time to feel sad or concerned – you’d apply to two or three amazing positions and would certainly get two (or even three!) offers.

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A lot of behavioral interventions are expressly designed to be salient, that is, to grab your attention at the time and place where the desired action is made. Many safety campaigns around the world have been using this technique to reduce traffic accidents by displaying “sobering” messages on billboards. The widely held belief is that those messages can motivate drivers to drive more carefully.

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Eid Mubarak, dear all. We wish you and your families a very happy and peaceful time.

It is estimated that billions of dollars in government benefits, which are important for reducing rising income inequality and fostering well-being, are forgone annually in the US by millions of people who are eligible for them. Among other reasons, this participation gap can be due to a lack of awareness, the complexity of the process, or the discomfort around asking for financial help.

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