Introducing the nudge: Loss Aversion

So what exactly is a nudge? We like to think of it as any marketing action built around one of the short-cuts people use in everyday decision making. Behavioural science has identified well over a hundred of these short-cuts, so it can get all very messy very quickly. Today, however, we will introduce you to just one – Loss Aversion.

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Why people deny facts

One of the biases in Behavioural Science is called the Confirmation Bias, which refers to the tendency to search for, interpret, and recall information in a way that confirms one’s pre-existing beliefs.   A professor from the University of Winnipeg conducted a psychology experiment to better understand this bias…

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How to make exercise habits 'stick' in the new year

It’s the start of the new year, and we all generally start out with good intentions of keeping our resolutions, which often include diet and exercise.  We have a lot of enthusiasm at the beginning, but it begins to wane over time.  Here are some tips to help you stick your fitness goals by leveraging the power of Behavioural Science.

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BlogAndrew DeLeeuwComment