#Bigtech & #platform (w/Uber & FB) challenges in understanding consumer behavior: 1. Open data 2. #network effects 2. mechanisms behind #effects 3. holistic behavioral experimentation 4. long-run impact measurement 5. meaningful #DataScience+#SocialSciences Debate now at #BX2019

Some interesting solutions presented and discussed at #BX2019 in session moderated by @claudiahammond. @thinkforward @commoncentslab to help people with their financial problems.

“Be fearless without being reckless in facilitating and rewarding replication studies!” @bengoldacre shares his view how to tackle a deeply rooted problem in research to only publish new and successful studies. #bx2019 #replicationcrisis

#Overconfidence & overoptimism when designing and executing interventions leads to #Megafailure. #Forecasting and #Feedback help move decision-making towards good calibration... @Makeuya & @rtilleard making us realise now how much we need to self-calibrate ourselves #BX2019

The average behaviour of those around us impacts us less than that of ‘social referents’ - we refer to select people to understand the unwritten laws of our community. At #bx2019 hearing about social congestion and integration @BXconference

"People learn the most by seeing what happens to people like them" A #Testimonial intervention showed to boost other people's ambitions for long-term wealth, actual economic outcomes and potentially #PsychologicalWellbeing. @kateorkin sharing #BehavioralEconomics power at #BX2019

In developed countries we are bombarded with 174 newspapers worth of info per day - but more info doesn’t mean easier choices. Great discussion with @Sheena_Iyengar at the #choice and #authenticity session today #BX2019

#RCTs well done tell us what works best on average. But there are decisions that people are not willing/shouldn't be randomised to. How to train the #RCT dragon? Great discussion now at #BX2019 #BehavioralEconomics

Great to learn the best practices of behavioural insights units across the world. Co-creation and shared standards are key to making a true impact! #bx2019 @avangeen @lizdrouinhardy @florlopezboo @mariamchammat

Session 2 @ #bx2019: Fake news works because we choose the sources that support our beliefs, we are more likely to believe people similar to us and these biases affect all of us regardless of our characteristics #fakenews #behaviouralscience

Fascinating #bx2019 opening from Prof. Sunstein. Large scale change is unpredictable, social preference falsification means we don’t know what people are thinking or where their threshold for action lies. #socialnorms #behaviouralscience

The brain is not literally divided into two, the two systems work in tandem and both sides can be biased. Great exploration of some of the myths that have arisen around system 1 and system 2 thinking – had you wandered off? bit.ly/305EUEp #systemone #systemtwo

Our partners at the Think Forward Initiative have opened a new call for #research proposals and are looking for the best research ideas around #financial decision-making, financial health and financial well-being - check it out! bit.ly/2MvfLzO

Loving the British bank holiday today? While it is estimated an extra day off costs the economy £2.3bn through lost productivity, we also know shorter working weeks improve productivity, health and lead to higher employee retention rates. Enjoy! bit.ly/2HkjvzH

The British #bankholiday is coming up and markets aren't immune to time off - the holiday effect refers to a pattern of positive stock performance on the final #trading day before a long weekend. bit.ly/2Hyhh03

Used to use supermarket bags as bin liners? Don’t anymore? Why banning plastic bags at shops doesn’t always work as intended and why it’s important to consider indirect impacts - bit.ly/305Aw8c #sustainability #behaviour #change

We all see the world differently so of course respond to changes in unique ways - a wonderful piece explaining how personality differences can't be forgotten when exploring behavioural change. bit.ly/2KTCnqe #behaviour #change

Sure, no one loves paying taxes but did you ever think why this might be, outside of the fact that we must part with our cash? Behavioural science suggests the opacity of government processes and difficult tax forms contribute. bit.ly/2OLr6gZ

What does a Las Vegas casino and your local grocery store have in common? You are unlikely to find a clock in either. In both multibillion-dollar industries, a lot of research has been put into the psychology of what influences our spending. tgam.ca/2McCkt1