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11-20 of 29 results

  • Report
  • 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.

  • Blog
  • 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…

  • Blog
  • 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…

  • Blog
  • 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?

  • Report
  • 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…

  • Blog
  • 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…

  • Blog
  • 24th Aug 2022

Supporting households through the cost of living crisis

Inflation is running at a 40 year high and the Bank of England forecasts that the UK will enter a recession by the end of the year. Many people across the country are facing enormous pressure, which is only mounting. Tackling this will be a huge policy challenge over the…

  • Blog
  • 9th Nov 2022

What works to boost business productivity? 3 lessons from our work

Policymakers need to fundamentally rethink what attractive and readily accessible business support looks like.

  • Working paper
  • 11th Nov 2022

Improving Public Understanding of Economic Statistics (1 of 2)

Previous research has found that the UK public feel economics and economic statistics are communicated in a way that is “confusing”, “complicated” and “difficult to understand”. We also know that the UK public want to hear more economic information directly from economic statistics producers who they trust and without the…

  • Working paper
  • 11th Nov 2022

Improving Public Understanding of Economic Statistics (2 of 2)

This study by BIT and the National Institute of Economic and Social Research (NIESR) and carried out as part of the research programme of the Economic Statistics Centre of Excellence (ESCoE) and funded by the Office for National Statistics (ONS) explores the role of the media as an intermediary for…