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11-20 of 26 results
- 23rd Aug 2022
How to apply behavioural insights to meet the FCA’s Consumer Duty
In July 2022, the FCA published its long-awaited policy statement and guidance on the Consumer Duty. As we wrote in our previous blog on the Consumer Duty, in a clear break from past regulation, it requires firms to put rigorous evidence on consumer behaviour at the heart of what they…
- 1st Feb 2022
Use Behavioural Market Design to recalibrate the gambling market
When they work well, markets are powerful drivers of higher living standards. They give suppliers strong incentives to compete to provide the best value for money to consumers, through lower prices, higher quality, and innovation. The UK gambling sector almost doubled in 10 years from 2009-2019, and this rate of…
- 16th Sep 2021
Would you like friction with that?
If you’re reading this, you are no doubt familiar with nudges. But what about sludges?
- 2nd Jun 2021
Can behavioural science facilitate frugal innovation?
Did you know that a fridge could be made from clay? Or that sawdust, coffee husks and macadamia shells could be turned into an efficient energy source? These are examples of frugal innovations which are ”faster, better and cheaper solutions for more people that employ minimal resources”. Such innovations started…
- 17th May 2021
A rush on the high street? How narratives will shape the economic recovery
Narratives are stories that spread through society and help us make sense of the world around us. Economic narratives may include stories about what’s going on in the economy, the role of government, and what other consumers and businesses are doing. Some economic narratives you may have heard on the…
- 26th Nov 2020
The Behavioural Economy
A new 10-point manifesto published by The Behavioural Insights Team which sets out a clear roadmap for how governments, regulators and central banks can start using powerful behavioural levers and nudges available to economic policy makers that have the potential to deliver real positive change.
- 29th Jun 2020
Life after lockdown: A strong & sustainable economic recovery
As our current economic lockdowns ease we have a unique opportunity to take a fresh start so we have strong and sustainable recoveries
- 19th Dec 2019
How many people really understand inflation and interest rates?
BIT and the Bank of England have been working on how to improve public trust in and understanding of the Bank’s activities.
- 8th Oct 2019
Boosting businesses: applying behavioural insights to business policy
Our new report, ‘Boosting businesses: applying behavioural insights to business policy’, provides a guide to policymakers on how behavioural insights can make business policy more effective. We set out lessons from first generation interventions to improve take-up and engagement among firms. Our accompanying practitioners’ toolkit includes guidance, tips and resources.…
- 8th Oct 2019
Giving behavioural insights and business policy a firm nudge
In the long run, improving productivity is the most important way of raising the standard of living for a country’s citizens.