Topic updates
Behavioral Economics of Pro-Social Plastic Bag Tax
30th September 2016
Which works best, the carrot or the stick? In this short interview one of our favourite behavioural economists Joe Gladstone, Assistant Professor at University College London, discusses the plastic bag tax and why this has been so effective not least because of the importance of loss aversion. The pain of paying for something is more acute at certain trigger points - for example at the check out!
Joe explains the research underpinning how this charge might work to 'nudge' consumers in other areas of public policy.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
Cass Sunstein on Ten Common Behavioural Nudges
19th October 2014
Can Nanny make you stop drinking?
8th October 2014
Paul Craven: The Magic of Behavioural Economics
24th June 2014
A fine nudge? Singapore MRT vs London Tube
24th April 2014
How useful is economics? Nobel winner Al Roth
24th August 2014
The Economics of the Blockbuster
13th August 2014
Rising Residential Segregation, but Less Racial Prejudice: How Can This Be?
28th November 2013
Irrational Exuberance and Twitter shares
20th October 2013