Thousands of years ago, human beings transcended the overwhelming wrath of nature, proceeded to overcome tribal wars amongst each other (kind of), and now live in a state of chaotic harmony across the planet. However, by our own hands, the conflict with nature has once again ensued—this time on a world stage. Climate change is […]
How much would you pay for a tulip? And for a nice apartment downtown? What is going on when the market price of such an object is extremely high? Chances are you are facing a market bubble. At least once in our life, we have heard about the above-mentioned market bubbles. But what exactly are […]
Football, or soccer, as you wish to call it, is the most popular sport in the world by a landlside. Its viewership numbers dominate those of any other sport. For comparison’s sake, the NFL Super Bowl, which is the most-watched sporting event in the United States, reached a total viewership of just under 100 million […]
An overconsumption of meat and increasing pressure on land and water resources is making it challenging to feed a population that is growing at a faster pace than the food supply chain. The over-exploitation of agricultural resources and the natural ecosystem is contributing to severe issues such as global warming, food insecurity and mineral depletion. […]
“Above all, don’t lie to yourself. The man who lies to himself and listens to his own lie comes to a point that he cannot distinguish the truth within him, or around him…” Fëdor Dostoevskij, The Brothers Karamazov We are constantly exposed to examples of dishonest behavior. We read about it in the news or […]
The behavioral tool of nudging is becoming extremely popular among policymakers as a new powerful instrument to alter people’s behavior in a predictable way, without however the need to restrain the set of options of actors or significantly changing their economic incentives. However, with the advent of social media and the huge and unprecedented quantity of data potentially collectible from online platforms, society is now faced with an ethical question on nudging techniques and their possible harmful […]
Many problems require more than one solution. The scientific consensus is that climate change is a very real and urgent problem, and its consequences will be dire if nothing is done about it. In this article, I will share an overview of the implications governments have to face regarding environmental policy design, with a specific […]
On January 3rd, 2008 in Iowa, Obama took a huge step towards being elected as the 44th president of the USA. It was the night of the first Democratic primary and Obama was sitting at the victory throne with 38% of the Democratic vote, leaving John Edwards in the second line with 30% and Hillary […]
As we are approaching the second anniversary of the dawn of the COVID-19 pandemic, one can take a moment to reflect on the development of the health emergency. Loss, lockdowns, curfews, overloaded health care systems, and the anticipation of vaccinations. When the vaccinations finally hit the markets, many were eager to finally get their shot […]
Cigarette smoking, like other forms of drug dependence, is characterized by rapid loss of subjective value for delayed outcomes, particularly for the drug of dependence. –Behavioural pharmacologist Warren K. Bickel, et al. Hyperbolic Discounting 101 Hyperbolic discounting is our inclination to choose immediate rewards over rewards that come later in the future, even when these immediate rewards are […]
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