(Originally published in Slovak at mindworx.net) Most of us probably believe that we are in control of our own decisions. We have our opinions, beliefs and principles, we know what we like and dislike and we always decide in accordance with our preferences. However, this is not entirely true. Our brain reacts to all kinds […]
Tag: behaviour
Taking into account economic behavior in the environmental economic political process could change the impact of economic measures
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Through the psychology of poverty
What explains the differences in economic decisions amongst poor and rich individuals? In 2014 Johannes Haushofer and Ernst Fehr, professors at Princeton and Zurich University, respectively, have written the article “On the Psychology of Poverty” for the Science magazine (original version here). They show evidence that poverty causes psychological consequences such as negative affectivity and […]
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