Loveconomics

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[Loveconomics @_loveconomics]

Don't worry about search costs. You can also find us at:

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And at our website https://t.co/LVn8zNCROv

#thedismalsciencetshirts

[Paul Krugman @paulkrugman]

Maybe rules against price-gouging hurt economic efficiency in the sense that they reduce the sum of consumer and producer surplus. But economics is about people; and human welfare sometimes requires looking beyond dollars and cents. 15/

[Shafee Verachia @ShafMysta]

President @CyrilRamaphosa

Please add @zooo_bear to your delegation to G20 in Japan

Student President at Rikyyo University, Tokyo

Masters in International Business soon to be summa cum laude

Civil Engineer UJ

University delegate to the G20 youth conference

South African

[Loveconomics @_loveconomics]

@TheCMartin Also, less than 1% of the population own 50% of the land. Pretty unequal society if you ask me.

[Loveconomics @_loveconomics]

@TheCMartin Seems pretty bad from these studies: https://t.co/D7Gjo6NOBR

[Loveconomics @_loveconomics]

We need to reform our economic system before we destroy our planet...

https://t.co/tqfrNOIiuR

#econtwitter #climatechange #economics

[Loveconomics @_loveconomics]

“Design to nudge and change behaviour” #econtwitter #BehavioralEconomics https://t.co/YtsmqHpOJz

[Loveconomics @_loveconomics]

“Now 10 years old, Nudge is one of the most influential academic books of the 21st century” #econtwitter #behaviouraleconomics

https://t.co/SfwF75Xnlv

[Loveconomics @_loveconomics]

The top 25 behavioural economists #econtwitter

https://t.co/BVXgYwKQwE

[Loveconomics @_loveconomics]

Even the @nytimes thinks that behavioural #economics has captured our collective academic imaginations.

NYT thinks its success is a triumph of marketing - reflecting a synthesis of pop #psychology with economics #EconTwitter #behaviouraleconomics https://t.co/qoXjWAWCzB

[Loveconomics @_loveconomics]

If you like behavioural economics, follow us now! <3

#economics #EconTwitter #behavioralscience #Nudge #follobackforfolloback #FolloMe

[Loveconomics @_loveconomics]

It's the classic example of a #nudge - form a persuasive narrative from a rational, long-term perspective. In this case, if you take the medicine now, not only will it be made slightly easier with the addition of some sugar, but you'll also feel so much better tomorrow

[Loveconomics @_loveconomics]

What can Mary Poppins' 'A spoonful of sugar' teach us about behavioural economics? #econtwitter #nudgetheory #healtheconomics

https://t.co/N5vcxWCrSN

[Loveconomics @_loveconomics]

This small change has had a huge result. More than eight million people have started saving for the first time

This is all down to @R_Thaler’s findings, that people don’t always behave in their own interests and need a #nudge to more desirable behaviour

[Loveconomics @_loveconomics]

There’s a problem in Britain. Too many are saving too little for retirement. So, in 2012, the government automatically signed you up into workplace #pension schemes. Previously, you had to go through a bunch of steps to opt in #EconTwitter #nudgetheory

https://t.co/9kZ4kzQFq9

[Loveconomics @_loveconomics]

Nudge theory in practice...

[Gaby Jeffs @MagnetoGaby]

Great session on #nudgetheory with @southcoastdavid Schiphol Airport achieved an 80% reduction in spillage in male toilets by adding a strategic fly to urinals & slashing their cleaning bills #CCPsychComms

[Loveconomics @_loveconomics]

40% of all London Underground injuries occur on escalators. To fight this, new measures, including footprints on escalator steps showing customers where to walk and stand, have been introduced. #econtwitter #behaviouraleconomics #nudgetheory

https://t.co/3mg4juhhwk

[Loveconomics @_loveconomics]

#Austria has an opt-out system of organ donation, whereas #Germany has an opt-in system. The result...just 12% of Germans are organ donors, while 99% of Austrians are

That's the power of the 'default rule' #econtwitter #behaviouraleconomics #organdonation
https://t.co/Kk7OsTrAyd

[Loveconomics @_loveconomics]

Cool! #econtwitter

[Facts About Africa @OnlyAfricaFacts]

Ghana will be the fastest-growing economy in the world this year, according to IMF.

Six out of the 10 fastest growing economies in the world in 2019 will emerge from sub-Saharan Africa.

[Loveconomics @_loveconomics]

"I spend more time interacting with it than I do interacting with my children. I am in the presence of the device more than I am in the presence of my wife"

How behavioural economics helped @TimHarford kick his mobile phone addiction. @FT #econtwitter

https://t.co/0iUOAZ4CPN

[Loveconomics @_loveconomics]

“5 Behavioral Economics Principles Marketers Can't Afford to Ignore��� @Forbes #EconTwitter #behavioraleconomics

https://t.co/SIke8gN7Hf