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- Report
- 15th Jun 2021
Making Markets Better
The economic shocks of COVID-19 have both highlighted the need for, and presented the opportunity to, rethink markets and market policies. Drawing on the work of our The Behavioural Economy report, Making Markets Better explores how we can revolutionise markets through a behavioural lens and evidence-based strategies, in order to…
- 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
- 30th Apr 2021
How can we encourage institutional investors to make climate friendly decisions?
To combat climate change, US$90 trillion is needed in sustainable investments by 2030. However markets aren’t moving fast enough. The Paris Climate Agreement calls out the role of the finance industry in boosting green innovation and low carbon industries. The question remains however, as to whether shifting to more sustainable…
- Blog
- 20th Jan 2021
Making gambling safer: deposit limit tools and the anchoring effect
The Behavioural Insights Team has today launched its new report on how to improve the industry-standard safer gambling tools that are designed to help people control how much they spend. We found that people who gamble reduce their spending limits by almost half once industry-set options are removed from view.…
- Report
- 20th Jan 2021
Applying behavioural insights to design safer gambling tools
Great Britain is the world’s biggest regulated gambling market. Of those who gamble, a small but significant proportion are considered ‘at risk’ of developing severe gambling issues, and some meet a clinical threshold of ‘problem gambling’. In 2017, BIT was commissioned by GambleAware to explore whether behavioural science could reduce…
- Press release
- 20th Jan 2021
Gamblers reduce their online gambling spending limits by almost half once operator defined options are removed from view
New research from the Behavioural Insights Team (BIT) has found that by removing industry-set options for deposit limits, online gamblers reduce the amount they set for themselves by up to 46%. Deposit limit tools are a common feature of gambling sites in Great Britain. Customers are typically required to scroll…
- Blog
- 14th Dec 2020
Automatic switching: a win for consumers and behavioural public policy
I doubt any of us would say no to a £300 windfall. Indeed, most of us would be thrilled! It could cover the Christmas shopping, pay a chunk off your credit card bill or simply boost your rainy day savings fund. The good news is that the typical UK household…
- Blog
- 27th Nov 2020
Feeling the Black Friday impulse? Try repairing not replacing
With Black Friday on the horizon, deals on phones, computers and all sorts of electronics are popping up in our inboxes. Yet, when you know that in 2019 we produced approximately 53.6 million tons of electronic waste globally (a number which is growing year on year), with over 80% of…
Also available in: Français
- Blog
- 27th Nov 2020
Du mal à résister à la tentation du Black Friday? Quel meilleur jour pour penser à réparer, plutôt que remplacer?
A l’approche du Black Friday, nos boîtes mail se remplissent de promotions pour des téléphones, ordinateurs, tablettes, et autres nouveautés électroniques. Pourtant, quand on sait qu’en 2019 on a produit près de 53,6 millions de tonnes de déchets électroniques dans le monde, et que plus de 80% de ces déchets…
Also available in: English
- 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.