r/BehavioralEconomics 4h ago

Research Article Food Service and UX Surveil, Manipulate and Nudge Customers

1 Upvotes

Two items that may be of interest:

Usability used to be about making computer systems and platforms easier to get things done. Now, UX approaches are focused less on helping users and more on adding friction to enhance the bottom line. At TechnoMythos substack:

https://technomythos.substack.com/p/has-ux-taken-a-dark-turn?r=67assl

The era of the '30-minute guarantee' is dead, replaced by an era of the constant monitor. As food service giants pivot from delivering hot crusts to collecting digital fingerprints, the boundary between consumer convenience and invasive surveillance is evaporating. What started as a quest for the perfect, repeatable burger has transformed into a landscape of algorithmic management and data harvesting—a world where even your dinner order might be the first step toward a total loss of privacy.

https://technomythos.substack.com/p/food-service-and-surveillance-capitalism?r=67assl


r/BehavioralEconomics 16h ago

Question Has anyone done this before?

1 Upvotes

https://www.gaabs.org/ - how are the courses here?
Are they worth it? Is the accredition really worth it?


r/BehavioralEconomics 20h ago

Survey THE KNOWING-DOING GAP

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2 Upvotes

Hello.

I am part of a graduate class from Pratt institute in New York and we're doing a year long project focus on behavioral change. One of the big topics within that is health and wellness and how its relationship requires us to change habits within our lives.

Something as simple as we know we should eat healthier or sleep earlier but we still enjoy our fast-food and doom scrolling.

We created a survey to understand more of what people go through as they navigate this process.

We hope to get as many responses as possible and any feedback is appreciated!

Thank you!


r/BehavioralEconomics 16h ago

Question Freelance

1 Upvotes

Hi all!
Sorry if this isn’t quite the right space to ask — please point me elsewhere if so.

I just graduated from UChicago’s MACSS (Computational Social Science) program and I’m figuring out how to start freelance/independent consulting at the intersection of behavioral science and AI. Would love any advice from people who’ve done this — how did you land your first clients, how did you price/scope early projects, and were there any resources or communities that helped you get going? Happy to share more about my background if useful. Thanks in advance!


r/BehavioralEconomics 1d ago

Research Article The Unlimited PTO Paradox: why removing a number backfires

8 Upvotes

Data on unlimited PTO is in: employees on unlimited plans average around 13 days off a year, versus 15 for employees with a fixed allowance, and about a quarter take no PTO at all. It looks like a straightforward default problem. A fixed number of days does two jobs at once: it signals what's normal, and its expiration forces action. Remove the number and both signals disappear, so most people default to taking less rather than more.

It's basically the inverse of the retirement-savings default problem: instead of auto-enrolling people into a good default, unlimited PTO auto-enrolls them into no default at all. I wrote up the fuller breakdown, including how some companies are now reintroducing structure to fix it: https://medium.com/nudge-intended/the-unlimited-pto-paradox-8010c2bcabf9


r/BehavioralEconomics 1d ago

Survey Open Ledger Project — a free Google Sheets budgeting tool for Indian middle-class families, designed around 5 behavioral economics principles.

5 Upvotes

Hey everyone,

I'm Mariyam, a student from Lucknow. I've spent the last few months studying behavioral economics and noticed that most budgeting tools just track numbers — they don't address why we make bad financial decisions in the first place.

So I built the Open Ledger Project — a free Google Sheets budgeting tool for Indian middle-class families, designed around 5 behavioral economics principles:

Thaler's Mental Accounting — separate boxes for different expense categories so your brain stops pooling everything together.

Mullainathan's Bandwidth Tax — a stress indicator that turns red when expenses exceed income, naming the feeling that drains your thinking.

Kahneman's System 1 vs System 2 — a Pause Box that triggers a 10-minute reflection before any unplanned purchase above your threshold.

Thaler's Default Effect — savings target pre-set at 10% so you have to actively choose to save less Festinger's Cognitive Dissonance — a Month End Mirror showing planned vs actual spending side by side.

✅ Track income and expenses automatically 🟡 Get a warning before overspending 🛑 Pause before impulsive purchases 📊 See the gap between what you planned and what you actually spent

It takes 10 minutes to set up. Free forever. No app needed.

Access it here : [https://docs.google.com/spreadsheets/d/1H7Q9mI37PnDYOe4j5xxCrK5sbx3bKpPBSN_MYwVt3uA/edit?usp=sharing\]

Go to File → Make a copy → it's yours.

Would love your feedback — what would make this more useful for your family?


r/BehavioralEconomics 1d ago

Research Article The Capability Stacking Loop: How Christopher Nolan and Kobe Bryant Built Unfair Advantages (Why elite operators reject the willpower trap, engineer bespoke infrastructure, and systematically stack operational moats.)

0 Upvotes

1. The 11-Mile Hard Drive: When System Design Hits Physical Limits

The Mechanical Limits of 70mm IMAX

At three hours and zero seconds, the physical platter of an IMAX projector reaches its structural threshold.

When Christopher Nolan delivered the final 70mm film print of Oppenheimer to theaters, the physical reel stretched 11 miles long and weighed 600 pounds. Driven through the projector at 24 frames per second, the physical film spool pushed right against the outer steel arm of the IMAX platter assembly. There was literally zero clearance left on the machine.

Nolan didn’t reach for digital shortcuts or green-screen CGI to simplify the production. Instead, he forced Kodak and FotoKem to invent an entirely new chemical product line—the world’s first 65mm black-and-white IMAX film stock—to capture high-contrast interior portraiture. On his maritime epic, The Odyssey, Nolan escalated the challenge again—isolating the problem of physical oceanic turbulence by exposing over 2 million feet of IMAX film inside custom waterproof housings to master large-scale aquatic cinematography.

Most observers view this as artistic obsession. They are missing the systemic point.

The Katy, Texas Laboratory: Kobe and LeBron’s Offseason Upgrades

Nolan treats every $200 million production not as a routine performance, but as a high-stakes laboratory designed to master, acquire, and permanently weaponize a single high-level capability. Once a skill is acquired—whether it is temporal cross-cutting in Dunkirk, practical gravity manipulation in Inception, or monochromatic micro-photography in Oppenheimer—it becomes a permanent asset in his operational toolkit.

This capability acquisition loop mirrors the legendary offseason labs of elite NBA operators.

In the summer of 2009, fresh off a championship, Kobe Bryant realized his age would eventually rob him of his top-of-the-key explosion. Rather than relying on Level 1 brute force, Kobe locked himself in a Katy, Texas gym with Hakeem Olajuwon to isolate low-post footwork, pivot angles, and spatial weight distribution. A few months later, after hitting Shane Battier with a textbook baseline spin move, Kobe turned to Olajuwon sitting courtside and winked. The gesture was a signal: the move was no longer a conscious mechanical drill—it had crossed into Level 3 Adoption (A), operating as an automated, instinctual reflex under live pressure.

Two years later, following a catastrophic breakdown in the 2011 Finals where Dallas exposed his lack of a half-court post game, LeBron James ran the exact same protocol. He didn’t promise to ‘try harder’ or lift more weights. He spent about a week in Texas isolating his back-to-the-basket footwork with Olajuwon. By 2012, his efficiency on the post escalated to a dominant 1.03 points per possession, hardcoding post scoring into his baseline game and unlocking two consecutive NBA titles.

The Capability Acquisition Loop

Nolan, Kobe, and LeBron operate on a shared principle: They reject the illusion that willpower alone creates mastery. Instead, they run a systematic capability acquisition loop—isolating a single critical constraint, constructing bespoke infrastructure around it, and migrating new skills directly into automated Level 3 instincts to build an unassailable operational moat.

2. The Willpower Illusion: Why Your Exhaustion Is an Architectural Glitch

The Fragility of Level 1 Effort

If you collapse onto the couch on Friday evening feeling completely drained, hear this first: It is not because you lack ambition, discipline, or work ethic. You are likely working twice as hard as necessary because you are operating in a system designed to consume human fuel rather than build structural leverage.

The friction you feel in your career or business is almost never a personal character flaw. It is an architectural failure.

Most professionals fall into the Willpower Trap. They try to achieve new levels of output by pushing harder inside the exact same operating framework. They write longer to-do lists, attend more alignment meetings, and rely on sheer caffeine and strain to power through complex projects.

This approach is mathematically fragile. Human willpower is a depreciating asset that degrades with fatigue, stress, and noise.

The Diagnostic Shift: From Harder Work to System Redesign

When you rely on Level 1 willpower, your output drops the moment energy dips. Elite operators do not attempt to “try harder” with old habits; they pause, isolate the single operational bottleneck holding them back, and build a structural solution to eliminate it forever.

The Diagnostic Shift: Stop asking “How can I work harder this week?” Ask instead: “What single capability, if systematically mastered and automated this quarter, would make the rest of my workload easier or unnecessary?”

3. The Forensic Audit: Unpacking the Physics of Capability Acquisition

The Mathematics of Skill Acquisition: C = (F x G) x I

To understand how high performers build enduring moats, we must evaluate them through the Physics of Action (DGIOA + Focus) framework.

Skill acquisition is governed by a precise relationship between scope reduction, systemic guardrails, and physical tooling:

Notice the multiplier: Without Focus (F) to narrow the target and Governance (G) to lock out shortcuts, pouring money or time into Infrastructure (I) simply accelerates confusion. But when strict Governance pairs with bespoke Infrastructure, capability acquisition crosses from conscious effort into automated instinct.

When capability stacking fails, the breakdown almost always occurs across two pillars:

Governance (G): Eliminating Exit Ramps

Without strict rules of rejection, operators fall back on comfortable defaults under pressure. Nolan enforces a non-negotiable rule: no digital green screens, no CGI shortcuts, and no second-unit directors.

When filming the zero-gravity corridor scene in Inception, this constraint forced his team to build a 30-foot rotating steel centrifuge powered by eight electric motors inside an airship hangar. Because there was no digital exit ramp, the team was forced to innovate a physical solution.

Infrastructure (I): Building Custom Tools Over-the-Shelf Ceilings

Standard off-the-shelf tools yield standard performance ceilings. Brad Jacobs, the serial entrepreneur who built multiple multi-billion-dollar enterprise platforms from scratch, built his advantages on custom operational infrastructure rather than standard industry software.

Nolan does not rely on default digital video monitors; he reviews physical 70mm rushes daily on dedicated projectors to maintain closed-loop telemetry on grain structure, exposure, and focal depth.

Similarly, LeBron James spends over $1.5 million annually on hyperbaric chambers, cold-plunge recovery systems, private biomechanical staff, and custom movement analysis software. He built a personal physical chassis that prevents his hardware from bottlenecking his basketball capabilities.

By pairing strict Governance (G) with custom Infrastructure (I), these operators transition their skills up the Z-Axis of Durability—moving from fragile Level 1 effort to Level 3 automated instinct.

4. The Essentialist Protocol: A 90-Day Skill Sprint Blueprint

To turn this theory into action, you do not need a $200 million movie budget or a professional training facility. You simply need to execute a structured capability sprint.

Here is the 3-step protocol to build your own “One-Skill Summer”:

Step 1: Power Law Scope Reduction (Focus)

  • The Action: Select one professional skill that will unlock your next level of performance over the next 90 days.
  • The Tripwire: Explicitly write down three secondary tasks you will deliberately pause or ignore during this window to ensure 100% focus on this single capability.

Step 2: The Non-Negotiable Rejection Constraint (Governance)

  • The Action: Establish an absolute operational boundary that eliminates quick shortcuts.
  • The Tripwire: If you are learning high-level financial modeling, ban pre-built templates. If you are refining public speaking, ban slide decks. Forcing yourself through a tighter constraint triggers faster skill acquisition.

Step 3: Closed-Loop Telemetry (Infrastructure)

  • The Action: Replace vague feedback with immediate, objective data.
  • The Tripwire: Set up a weekly review mechanism that measures clear mechanical progress rather than subjective feel—whether that means recording and reviewing presentation footage or tracking specific operational output metrics.

5. The Z-Axis Shift: Moving From Fragile Labor to Compounding Assets

Willpower vs. Architecture: The Structural Payoff

Willpower is a temporary loan you draw against your physical engine. Systemic infrastructure is a permanent capital investment that pays compounding interest for the rest of your career.

When you stop trying to solve operational bottlenecks through sheer exhaustion and start building structural solutions, your operating baseline fundamentally shifts. You stop repeating the same seasonal fire drills and start building a permanent competitive advantage.

Look at your core projects for the upcoming quarter. Are you attempting to brute-force your way through a structural problem using Level 1 willpower, or are you building the custom infrastructure required to master the space?

💬 Subscriber Audit: What is Your Next Operational Weapon?

What is the single high-leverage skill you need to acquire this quarter, and what strict constraint will you put in place to ensure you master it?

Leave a comment below!

https://jpearlstein.substack.com/p/the-capability-stacking-loop-how


r/BehavioralEconomics 2d ago

Research Article Introducing The Physics of Action

8 Upvotes

When I was in high school, I read a book that completely rewired my brain: Moneyball.

Like a lot of sports fans, I was captivated by how Billy Beane and the Oakland A’s systematically dismantled decades of traditional baseball wisdom. They proved that old-school scouts relying on “gut feelings” and subjective eye-tests were completely missing the real game. By tracking a single, unglamorous quantitative metric—on-base percentage—they found a way to buy wins on a shoestring budget.

That book left a permanent scar on how I view the world. From that moment on, I went through life convinced of a singular truth: everything should have an analytical measure to it. Quantitative values aren’t the only factor in life, but without them, you are just guessing. You are flying blind, relying on temporary vibes instead of real telemetry.

For two decades, I carried that analytical lens into every room I walked into. I found myself obsessively studying why certain organizations or product launches win flawlessly while others—despite massive budgets and star power—completely self-destruct. I did deep dives into companies across completely different industries, analyzing high-stakes corporate acquisitions, iconic media empires, and the most disruptive trades in sports history.

As I analyzed the winners, a striking pattern emerged. They all did exactly what the Oakland A’s did. They didn’t just “try harder.” They won because they identified and ruthlessly owned a quantitative bottleneck in at least one of five core areas:

  • Data (D): Tracking unique, closed-loop telemetry instead of hollow vanity metrics.
  • Governance (G): Establishing strict, non-negotiable filters and rules of rejection.
  • Infrastructure (I): Building a unified, frictionless physical and digital chassis.
  • Operations (O): Executing a rigorous, gravity-sorted, sequential workflow.
  • Adoption (A): Engineering high-gravity behavioral loops where compliance is passive.

Together with the ultimate variable—Focus—I call this entire operating system The Physics of Action.

The Universal Matrix: Diagnostic Root-Cause + Live Project Execution

Once you see these laws of physics, you cannot unsee them. The structural variables are identical whether you are breaking down global sports franchises or building a high-stakes project at work or at home.

I started using this exact five-part lens to decode complex moves across the cultural landscape. It explained the structural brilliance of how Oprah Winfrey scaled her business and successfully decoupled her media empire from her own mortality. It revealed the precise, calculating calculus behind how LeBron James navigates his free-agent decisions. It exposed the underlying strategic logic of why the Celtics traded Jaylen Brown, and conversely, the exact operational chaos that makes the Cleveland Browns the most wild, unpredictable organization in sports.

But the real transformation happened when I realized this isn’t just a commentary tool. It is a live, dual-purpose diagnostic toolkit and project execution engine.

1. The Diagnostic Toolkit: Pinpointing Why Projects Fail

When a high-stakes initiative stalls out at the office, or a complex residential project at home derails, our immediate human instinct is to blame people, lack of time, or poor discipline.

The Physics of Action eliminates the guesswork. It allows you to run a clinical root-cause analysis on any system breakdown. If a project is failing, it is never a vague mystery; it is a mechanical leak in one of your five core areas. Did the data telemetry lie to you? Did low-leverage noise bypass your governance gates? Did fragmented software introduce massive structural drag? By running the problem through the DGIOA grid, you instantly isolate the exact bottleneck paralyzing your momentum.

2. The Execution Engine: Shipping Personal and Professional Deliverables

Conversely, when you are building something new from scratch—whether launching a major corporate product line or re-architecting your family’s asset portfolio—this framework serves as your engineering blueprint.

It gives you a non-negotiable architecture for flawless execution before you even begin. Instead of diving into ad-hoc multitasking, you intentionally map out the data feedback loops, establish the strict rules of rejection, construct a frictionless physical and digital chassis, sequence the sequential workflows, and embed passive tripwires to ensure compliance.

This completely changes your day-to-day operations. It bridges the massive, exhausting gap between strategy and execution, cascading seamlessly from macro-level life audits and yearly project frameworks straight down into quarterly pillars, monthly execution blocks, weekly alignment, and precision daily execution. You are no longer managing chaos via stress-inducing, fake deadlines; you are running an engineered system that makes winning a structural certainty.

The Ultimate Variable: Focus Holds the Gravity

As I built out this sabermetric approach to execution, the final, foundational truth of the framework revealed itself.

You can design the most beautiful system across Data, Governance, Infrastructure, Operations, and Adoption—but if you lose Focus, the entire machine grinds to a halt.

Focus is the gravity that holds the system together. It is the power law filter. The moment your focus gets diluted across a horizontal shelf of “stale maybes”—projects you might start, books you might read, or corporate initiatives you keep alive just in case—energy leaks out of every single pillar, and the system breaks down.

When Peter Thiel scaled PayPal, he didn’t try to revolutionize global banking on day one. He ruthlessly restricted PayPal’s initial scope exclusively to eBay PowerSellers, liquidating every secondary demographic to build a pristine localized monopoly. He shrunk the target until he couldn’t miss.

True focus isn’t just choosing what to do; it’s having the courage to permanently delete the things you could do to protect the one thing that actually moves the needle.

The Sequenced Repair: One Bottleneck at a Time

But here is where most operators fail when they first see the DGIOA matrix: they try to fix all five pillars at the exact same time.

They try to overhaul their software stacks (Infrastructure), rewrite their rules of rejection (Governance), and track a dozen new metrics (Data) all in a single weekend. This creates immediate systemic shock. The machine chokes on its own complexity.

The physics of action dictate that you cannot resolve chaos simultaneously. You must locate the single heaviest bottleneck in your current project or life architecture, isolate it, and fix it before moving to the next.

The Fractal Irony: Systems All the Way Down

And here lies the ultimate, beautiful irony of system design: To fix any single pillar, you have to look at it through the lens of the entire DGIOA framework.

The model is recursive. If you diagnose that a project is failing because your Data pillar is broken, you cannot fix it with a superficial patch. You have to run “Data” through the entire engine:

  • Focus: What is the one critical data telemetry point that actually matters right now?
  • Governance: What vanity metrics will you ruthlessly banish from your dashboard?
  • Infrastructure: What seamless digital tool will capture this metric without friction?
  • Operations: What is the exact sequence and cadence for reviewing this data?
  • Adoption: How do you make tracking this data so passive that it requires zero willpower?

You don’t just “fix” a pillar. You engineer it. Whether you are repairing the Infrastructure of a corporate supply chain or overhauling the Governance of your personal availability, you apply the exact same laws of physics to the pillar itself.

This addition is fantastic because it solves the reader’s immediate objection: “Okay, I see all five are broken, where do I start?” It gives them the exact diagnostic protocol to zoom in and execute.

The Willpower Trap vs. System Architecture

Most traditional productivity advice tells you that if you fail, it’s a character flaw. You just lacked discipline.

The Physics of Action proves that this is a lie. Relying on human discipline is what we call Level 1 Labor—it is fragile, finite, and destined to collapse when you get tired or hit maximum capacity. True automation means shifting behavior away from willpower and migrating your life up to Level 2 (Physical Asset Guardrails) and Level 3 (Automated Digital Tripwires) so that success becomes the path of least resistance.

When your life or business feels overwhelming or stagnant, you can use this infographic to diagnose exactly which pillar has a structural leak:

The Shift: Migrating Up the Z-Axis

Stop measuring the success of your days by how exhausted you are at 8:00 PM. High energy output matched with zero structural alignment isn’t a badge of honor—it is a clear telemetry reading that your architecture is bleeding power.

True optimization is not about morphing into a stronger, superhuman version of yourself. It is about migrating your execution up the Z-Axis of Durability.

If you stay at Level 1, you are a kinetic slave to your own fatigue. The moment you run out of steam, the project fails. Your goal must be to construct Level 2 Guardrails and Level 3 Tripwires so that your system executes flawlessly even when your willpower is completely depleted.

We begin the repair work immediately. Do not open your calendar to find more time. Do not write a longer to-do list.

Isolate the single most critical, high-stakes project on your desk right now—the one that absolutely must ship over the next 90 days. Stop looking at it as a test of your discipline, and subject it to the Power Law Filter:

If your focus is split, your system has already chosen failure. The physics don’t care about your good intentions. Go clear the shelf.

https://jpearlstein.substack.com/p/introducing-the-physics-of-action


r/BehavioralEconomics 3d ago

Ideas & Concepts Why Do We Buy Things We Don’t Need?

6 Upvotes

Have you ever bought something, only to realize a few days later that you didn’t actually need it?You’re definitely not alone. Many unnecessary purchases aren’t just about poor self-control - they’re rooted in psychology.

  1. One major reason is instant gratification. Buying something new gives our brain a quick dopamine boost, making us feel excited and rewarded, even if the feeling disappears soon after.
  2. Another factor is social influence. We constantly compare ourselves to others, often without realizing it. Luxury brands, trendy clothes, and the latest gadgets can become symbols of status rather than genuine needs.

Then there’s marketing. Limited-time offers, flash sales, and personalized ads create a sense of urgency that encourages emotional decisions instead of rational ones.

So the real question is:

Are we buying because we truly want something - or because our brain has been persuaded to?

I’d love to hear your thoughts. What’s the most unnecessary thing you’ve ever bought —and what convinced you to buy it?


r/BehavioralEconomics 4d ago

Miscellaneous What's a rational financial decision that actually made you feel worse?

14 Upvotes

Not looking for the textbook answer (sunk cost, loss aversion, etc.) - genuinely curious about real examples. Mine: negotiating a good discount on something I didn't actually need, then feeling worse about owning it than if I'd just paid full price and skipped the whole thing.


r/BehavioralEconomics 5d ago

Ideas & Concepts Airport terminals exploit at least six documented behavioral mechanisms simultaneously. Here is how they compound and why nearly half of all airport revenue has nothing to do with planes.

483 Upvotes

Went deep on airport terminal design this week after noticing I never leave an airport with just what I planned to buy. Close to 46% of total US airport revenue now comes from non-aeronautical income, according to Airports Council International benchmarking data. Parking, retail, food, real estate. Almost half the money that keeps a major airport running has nothing to do with actually moving airplanes.

A 2024 study by Wu, Morlotti, and Mantin published in the Journal of Air Transport Management examined 89 US airports and found a direct relationship between passenger dwell time and non-aeronautical revenue, a 10% increase in dwell time associated with a 5% increase in revenue. Critically, the effect only held at linear and finger-pier terminal designs, where passengers are forced along a defined path. Concourse-style terminals with more open movement showed no significant effect. The building's shape determines whether your time can be converted into spending.

Mary Jo Bitner's 1992 servicescape research explains what happens right after security. Lighting, music, and layout shift deliberately to move you from a high-arousal anxious state into a calm approach-oriented state, which her research identifies as the psychological precondition for spending.

Kevin Lynch's 1960 concept of legibility, how easily a person forms a mental map of a space, gets applied unevenly on purpose. Signage toward retail zones is clear and frequent. Signage toward exits is comparatively sparse.

Morwitz, Greenleaf, and Johnson's 1998 partitioned pricing research explains why your ticket was never really one number. Splitting a purchase into a base price plus separate add-ons measurably decreases what people recall paying and increases completed purchases.

What interests me most is the closing mechanism. Marc Augé's 1992 concept of the non-place, an anthropological term for transitional spaces like airports where a person's ordinary social identity temporarily loosens, seems to be the reason all of the above works as well as it does. You are, in a specific psychological sense, briefly a different person inside a terminal.

Made a full breakdown of how these stack here: https://www.youtube.com/watch?v=FFkvJwxpUPs

Curious whether anyone has looked into research on how "non-place" psychology specifically interacts with spending behavior versus just general dwell time effects. The two seem related but distinct.


r/BehavioralEconomics 4d ago

Question Suggestions for BehavioralEconomics Master's Degree

3 Upvotes

Hi all, I'm finishing my bachelor's degree in economics and I would like to study for a master's degree developed around behavioral economics. Now I wanted to ask, if you had any suggestions for some possible universities that offer such programmes located in the EU.


r/BehavioralEconomics 4d ago

Question Do power deals hold attention better than a coupon or is it just novelty?

3 Upvotes

Most of the promo mechanics I work with are passive. Customer sees a code, enters it, transaction ends, and nothing about the format gives them a reason to come back tomorrow. Lately, I keep running into power deals where the price moves on its own over a set window and people check in repeatedly to see where it landed. Those return visits are what I'm thinking about because nobody ever reopens an app to look at a coupon.

What I can't tell is whether that's a durable mechanic or a trick that stops working once shoppers have seen it three times. There's also the risk it trains people to sit on their hands until a price starts falling, which would do real damage to full-price sales. Has anyone here ever run a time-decay promo against a standard code on comparable inventory? I want to know what happened to repeat visits, conversion, and whether the discount cannibalized what people would have paid anyway.


r/BehavioralEconomics 5d ago

Research Article Seeking Feedback on an Argument About Behavioral Finance

7 Upvotes

I'm developing an essay on behavioral finance, but before writing the full piece I'd like to test the core argument rather than the writing.

Most behavioral finance literature explains how cognitive biases influence financial decisions. My argument is that this may describe the observable patterns, but not necessarily the deepest psychological process behind them.

My current hypothesis is:

In other words, I'm exploring whether the sequence looks something like this:

Uncertainty → Imagined Future → Emotion → Self-talk/Narrative → Cognitive Bias → Decision

I'm not claiming this is a new scientific theory or that it replaces Prospect Theory or other established work. Rather, I'm asking whether this could be a useful interpretive lens for understanding why many behavioral biases emerge in financial contexts.

A few questions I'd genuinely appreciate feedback on:

  1. Is this perspective already well established in the literature under another name?
  2. Am I overlooking research that directly supports or contradicts this idea?
  3. Does this framework confuse causes with consequences?
  4. Is there a stronger psychological or neuroscientific explanation for the transition from uncertainty to decision?
  5. If you think this argument is flawed, where does the reasoning first break down?

I'm looking for critical feedback rather than validation. If this idea is incorrect, incomplete, or already well known, I'd much rather discover that now than after finishing the essay.


r/BehavioralEconomics 5d ago

Career & Education Looking for Experimental Economics PhD Programs

1 Upvotes

Hello everyone! I'm looking for advice for my friend who wants to pursue a PhD in Experimental Economics. Particularly looking for recommendations about PhD programs that:

  1. are located in the U.S. or Europe (as a second choice)
  2. center on Lab Experiments rather than pure micro-econometrics
  3. focus on gender problems (at least by some of the researchers there)

I'd sincerely appreciate your comments!


r/BehavioralEconomics 7d ago

Ideas & Concepts AI x Behavioural Science Part I - On Definitions

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3 Upvotes

The ongoing growth in AI development and adoption represents perhaps the most profound technological shift of our time. AI is both a product of our behaviours, and a shaper of our behaviours. So what does behavioural science have to say about AI?

In Part 1 of this new series on AI and behavioural science, we spend some time dwelling on definitions, because few appreciate what these two terms mean.


r/BehavioralEconomics 6d ago

Career & Education Calculated Risk is Always Better Than Regret?

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0 Upvotes

Calculated Risk is Always Better Than Regret?


r/BehavioralEconomics 7d ago

Question Which of these video ideas is the best?

3 Upvotes

Sunk Cost Fallacy: "Would you watch a bad movie you already paid for?"

Status Quo Bias: "Why do we stick with things even when they're worse?"

Availability Bias: "Why do plane crashes scare us more than car accidents?"

Let me know if you have better ideas


r/BehavioralEconomics 8d ago

Media Losing a $10 ticket and losing a $10 bill lead to completely different decisions — even though it's the same $10

16 Upvotes

Losing a $10 ticket and losing a $10 bill lead to completely different decisions — even though it's the same $10

Kahneman & Tversky ran a classic

experiment on this:

Scenario A: You buy a $10 movie ticket, but lose it before entering.

Do you buy another? Most people say no.

Scenario B: You lose a $10 bill on the way to buy the ticket instead.

Do you still buy it? Most people say yes.

Same $10 loss in both cases but people treat them completely

differently. It's called mental accounting: we mentally sort money

into separate "buckets" (ticket money vs. random cash), and losing

money from one bucket doesn't feel connected to another.

Losing the ticket "feels like" paying $20 for one movie.

Losing the cash just feels like bad luck, unrelated to the movie itself.

I made a short 30-sec video breaking this down if anyone's curious: https://youtube.com/shorts/2Zd1gE-k8Ps?si=4qZnffVF8PMCiVmq

Would love to hear if anyone's caught themselves doing this in real life.


r/BehavioralEconomics 12d ago

Ideas & Concepts Casino environments exploit at least six documented behavioral mechanisms simultaneously. Here is how they compound.

66 Upvotes

Went deep on casino environment design research this week and the number of independently documented mechanisms operating simultaneously is striking. Each one has its own peer-reviewed basis, but what caught my attention is how deliberately they stack and interact during a single visit.

The near-miss effect (Psychology of Addictive Behaviors) is the foundation. Near-misses produce a psychological response almost identical to an actual win, increase motivation to continue, accelerate time between bets, and trigger higher subsequent bets. The machines are engineered to produce near-misses at a rate far above random probability.

The sensory bubble removes all temporal cues. No clocks, no windows, no natural light. Studies show players stay approximately 50% longer without external time references, not because they are enjoying themselves more but because the mechanism that would normally trigger stopping has been removed.

Bill Friedman's 1974 maze layout theory, which became dominant in Las Vegas and Macau design, specified that pathways should be indirect and winding so exits are never visible from any interior point. The exposure effect (Zajonc, 1968) then operates on every machine you pass on the way to somewhere else.

Ego depletion (Baumeister et al., 1998) peaks after hours of small decisions about whether to stop, switch machines, or go home. The casino does not need to trick you. It just needs to wait for the cognitive resource to run out.

The licensing effect (Fishbach & Dhar, 2005) is applied in reverse through complimentary drinks and loyalty rewards. Feeling ahead lowers resistance to further spending.

What interests me most is that every single one of these mechanisms has since been documented in app and social media design. The same behavioral triggers that keep people on casino floors are now in the software most people use daily.

Made a breakdown of the full system here: https://www.youtube.com/watch?v=b5lbrlX6b3Y

Has anyone looked into research on how the sequential compounding of these mechanisms differs from their individual effects? Curious whether the order matters.


r/BehavioralEconomics 11d ago

Ideas & Concepts MIT ran an auction for real Celtics tickets. Bidders paying by credit card bid almost double what cash bidders did — for the identical tickets.

9 Upvotes

I've been reading into why the moment right before a card tap feels nothing like the moment right before handing over cash, even for the exact same purchase. Turns out there's a small stack of separately-studied effects that all activate in that one motion.

The pain of paying disappears with plastic (Prelec & Simester, 2001). MIT ran an auction for real Celtics tickets — half the bidders were told they'd pay cash if they won, half were told credit card. The credit card group bid roughly double. Same tickets, same people, same day. The only variable was whether the money would feel like it was leaving their hand.

Payment and consumption get decoupled (Prelec & Loewenstein, 1998). Their "mental accounting" work showed that when the moment you pay is separated from the moment you use the thing, your brain stops processing them as one event. That's a big part of why financing something you've already stopped enjoying (a vacation, a subscription) still stings on the statement — the debt keeps arriving after the pleasure already left.

The reward is the anticipation, not the ownership (Knutson et al., 2007, in Neuron). Neuroimaging work on purchase decisions found the brain's reward activity peaks while you're deciding whether to buy something — not after you own it. Which tracks with how fast a new purchase turns into just another object in the room.

Owning something instantly doubles what you think it's worth (Kahneman, Knetsch & Thaler, 1990). Their classic mug experiments: give someone a mug, ask what they'd sell it for. Ask a different person what they'd pay for the same mug. The owner's number is consistently about double. This is the mechanism behind free trials — thirty days is long enough for your brain to start treating "on loan" as "mine," and cancelling starts to feel like a loss instead of just declining a purchase.

What's interesting is these don't operate independently — they stack in sequence on a single tap. The card removes the pain, the anticipation already delivered the reward before you decided, and by the time the item is in your hand, ownership has already inflated its value past what you'd have paid for it fresh.

Made a video pulling this apart in more depth if anyone wants the fuller walkthrough: Please watch
The Psychology Behind Your Worst Purchases

Curious whether anyone's found research on whether these effects are additive or whether one dominates
e.g. does the pain-of-paying reduction matter much once the endowment effect has already kicked in?


r/BehavioralEconomics 11d ago

Question [ Removed by Reddit ]

1 Upvotes

[ Removed by Reddit on account of violating the content policy. ]


r/BehavioralEconomics 12d ago

Career & Education Looking for Guidance on PhD Programs in Behavioral Economics

8 Upvotes

Hi everyone! I'm interested in pursuing a PhD in Behavioral Economics and would really appreciate your guidance.

I'm particularly looking for advice on:

- The best universities and PhD programs around the world.

- How to prepare for admission.

- The skills and research experience I should develop.

- Any general advice for building a career in Behavioral Economics.

Thank you in advance for your insights!


r/BehavioralEconomics 14d ago

Ideas & Concepts How to frame the right problem

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mannhowie.com
6 Upvotes

r/BehavioralEconomics 15d ago

Ideas & Concepts By Hook or By Crook

1 Upvotes

Self explanatory, isn't it? Carrots and sticks? Anyone who's ever been intent on something to happen will expend resources to cause it to happen. And they'll accomplish it by hook or by crook. I mean, we already see that the law acquieses to capital. Those who hold it have special access to Senators (who represent land and state) and use their access to influence the wording of certain laws.

If fines are just the price tag of acceptable social defection in the most cynical sense, doesn't it make sense to appeal to a customer's desire for self-determination? Like, make them think they're doing what's in their best interest?