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Posts Tagged ‘Action)’

Financial Services, Gambling, & Behavioral Economics: Busting The Myth Of Consumer Rationality

Posted by Neal ColeTuesday, June 12, 2012, 7:58 am 8 Comments

What does the evidence from experiments in behavioural economics and neuroscience indicate about rational decision making in the face of risk and uncertainty? Are consumers’ really discreet, self-determining individuals who make considered, rational decisions? This view increasingly looks misguided and is probably a fallacy created by our own minds to make us feel in control of our behaviour. Continue reading »

This was posted under category: Behavioral Economics, Best Practices, Business Leadership, Co-creation, Consumer Anthropology, Contributors, Economic Trends, Effective Marketing, General Information, Industry Trends, Innovation in Market Research, Market Research Techniques, Neuromarketing, Respondent Engagement, State of the Industry Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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