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- 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…
- Blog
- 14th Nov 2022
Statistics are too important to be confusing
Why people often find economic statistics confusing and difficult to understand and what to do about it
- Blog
- 6th Dec 2022
House of Lords hosts gambling harms event
On 29 November BIT's Gambling Policy and Research Unit (GPRU) held an event at the UK House of Lords bringing together key stakeholders, policy and decision makers who are working in the field of reducing gambling harms - GPRU's core mission. Attendees included representatives from industry organisations, support services and…
- Blog
- 4th Apr 2023
Responding to financial turbulence
A lot depends on market ‘sentiment’, i.e. economic actors’ beliefs or attitudes towards specific financial instruments, institutions or entire market segments, in turn influencing their behaviour. A critical element shaping confidence is the expectation of how others will act.
- Policy proposal
- 1st Aug 2023
Using behavioural market design to align gambling operator incentives with consumer interests
This discussion paper presents ideas to reduce gambling harm by reshaping the market. In the UK gambling market, incentives are not strong enough for operators to prevent gambling harm, apart from at the extreme ends. A well-designed market would align operator incentives with improving consumer welfare and well-being.
- Blog
- 14th Aug 2023
Moving to scale: highlights from year 2 of the gambling unit, and looking ahead to year 3
The past 12 months have seen big changes in the UK gambling space. The release of the white paper, of course, but also the largest fine for a gambling operator, partly for failing to protect those who gamble from harm. The end of these 12 months also marks the end…
- Blog
- 2nd Oct 2023
Learn how to use behavioural science to improve your business leadership & decision-making
But by understanding how and why we make the decisions that we do, we can improve how we make decisions as individuals and how large groups of people make decisions at scale.