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1-10 of 15 results

  • Blog
  • 17th Feb 2016

Would you hire on the toss of a coin?

Here’s a reasonable question: why put multiple people on a task when you can just get one really smart person to do all the work? Put simply, because the group’s probably going to do a better job. The history behind the science One hundred years ago, British statistician Francis Galton…
  • Blog
  • 29th Jun 2017

Hiring, honeybees and human decision-making

Dozens of studies have shown that the choices we make over what we eat, how we save, and even how we vote can be affected by how those choices are presented: their ‘choice architecture’. Research has found, for example, that the order of candidates’ names on a ballot sheet can…
  • Report
  • 21st Mar 2018

The impact of improved transparency of foreign money transfers for consumers and SMEs

Final report
  • Blog
  • 15th Aug 2018

Central banking: when communication is the policy

Sometimes, the explanation is the policy. — Janet Yellen, Chair of the Federal Reserve 2014-2018 The psychological and behavioural economics literatures have had a transformative impact on how we understand people’s financial and personal decision-making. Studies have shown that more information isn’t always better, that defaulting people into saving can…
  • Blog
  • 10th Oct 2018

Data sharing and the importance of choice architecture in healthcare: new results

GDPR has made us all more aware of how our personal data is shared and collected. But how much do we understand the data sharing choices presented to us? It’s a question especially relevant in the context of the UK National Health Service, which collects and analyses a range of…
  • Report
  • 18th Jul 2019

Improving consumer understanding of contractual terms and privacy policies: evidence-based actions for businesses

This guide is for all businesses who want to help their consumers better understand their T&C’s.
  • Blog
  • 18th Jul 2019

Terms & Conditions Apply

Today we published our best practice guide on how to present contractual terms and privacy policies. Commissioned by BEIS, this guide is for all businesses who want to help their consumers better understand their T&Cs.
  • Academic publication
  • 7th Aug 2019

Enhancing central bank communications using simple and relatable information

Central bankers and the central banking literature are increasingly attuned to the importance of communications as a policy tool. However, less is known about how central bank communications should be drafted for maximal impact. Our paper contributes new insights in this regard. Using a large-scale online experiment with a sample…
  • Blog
  • 22nd Aug 2019

The importance of replication

If you’ve ever run a Randomised Controlled Trial (RCT), you know how exciting it is to find a solution that works.
  • Blog
  • 17th Sep 2019

Improving investment fee disclosures through behavioural insights

If you are an investor, do you know how much your investment dealer receives in fees for the services they provide to you? If not, you are certainly not alone.