Decision-making and Analytics

How do Governments balance saving lives with impacting the economy?

Core Insights host Trevor Barnes talks to Graham Loomes, Professor of Behavioural Science, about his research on the trade-offs involved in implementing costly health polices like those used during the pandemic.

How does a Government decide how far to go with restrictions that will have a severe impact on the economy but stop many people from being infected and dying from COVID-19?

Professor Loomes details the trade-offs involved and how such calculations are formulated. Read more on it here.

More Decision-making and Analytics Podcasts

Nick Chater on why searching for your true 'self' is pointless

We assume that below a mental 'surface' of conscious awareness lies a deep and complex set of inner beliefs, values and desires that govern our thoughts, ideas and actions, and that to know this depth is to know ourselves.

How to become more patient and choose the long-term benefit

Core Insights host Trevor Barnes talks to Daniel Read, Professor of Behavioural Science, about his research into intertemporal choices, which looks at why, even though we are on a diet, we choose to eat a cream bun now, rather than wait for our lunchtime salad. Or why in repeated experiments people would prefer £10 now rather than £15 in two weeks.

Anchoring - the nudge plunging us all into debt

Trevor Barnes, host of Core Insights, interviews Neil Stewart, Professor of Behavioural Science, about a nudge - or sludge - that he discovered on his credit card statement.