Tag: Behavioral Economics

How will our perceptions of risks and losses affect the November 2022 election?

How the Competing Narratives of Risk and Loss will affect the November 2022 Elections


Reading time: 5 minutes
Election 2022 is shaping up to be the most consequential election since 2020! Democrats fear the loss of rights and our very democracy. The stakes are quite high. For Republicans, they have only their old tropes to stir up fear and angst with. Which will turn out the base?

How is the best way to get people to wear masks?

Getting your Neighbors to Mask-up: Ambiguity Tolerance and Intolerance


Reading time: 6 minutes
Everyday we read about some other idiot who reacts irrationally, violently, and stupidly when they are asked to wear a mask to help us contain the #COVID19 pandemic. It’s almost like they don’t want to contain it. Here is the psysplainer that helps us understand their behavior, but also, what to do about it.

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Risk Aversion: The Psychology of Biden and Warren’s Candidacies


Reading time: 3 minutes
Our perceptions of the risks that each candidacy poses determines a lot about them. Biden runs as Obama 2.0 the tried and true candidate of yore bringing back normalcy. The nostalgia candidate if you will. Warren runs as the big structural change candidate with a plan for everything.

Which are seen as posing the higher risk? How will that effect the way we vote?

Using Risk and Uncertainty to Handicapping Elections

Election 2020: Handicapping the Nomination: What do Risk and Uncertainty Tell Us?


Reading time: 5 minutes
Okay, it’s a bit long in the tooth, but it’s worth it to figure out whose gonna win, right? My predictions have a history of being accurate. Stop laughing. I’m serious.

Anywho, I go through and discuss each of the top four candidates chances using behavioral economics decision making under uncertainty, specifically focused on how people react to perceived risk. If there were ever a risk election, brother this would be it. This is a high risk election.

The Government Shutdown Showcases EVERYTHING Wrong with Trump and the GOP


The shutdown exemplifies everything that is wrong with the Ol’ Pussy Grabber, his administration, and the GOP. The shutdown has been caused by and continues because of the Ol’ Pussy Grabber’s executive dysfunction and narcissism, but worse, it is a direct product of the GOP’s groupthink. It is among the worst decisions ever taken by a political party or government. It is shear hubris that will end up hurting us all.

Are You Happy Now?

Predictions, Pundits, and the 2016 Election: The “Are You Happy Now?” Edition


How you viewed the condition of the country probably determined your vote. If you saw the country as doing OKAY, you probably saw the Ol’ Pussy Grabber as too big of a risk. But if you saw the country has going in the wrong direction, you were tempted to take a chance on the Ol’ Pussy Grabber. What does behavioral economics, loss aversion, and risk seeking tell us about 2018?

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