The uses of behavioural economics- a primer for those new to it

I have spent about a decade working on the application of BE to behaviour change/running courses on it ( since doing work for UK govt via the late lamented COI). This piece (published first in Aurora) offers a basic briefing on its application to communications.

Key thought in a 100 words or less: we delude ourselves, because we are able to develop verbal arguments, that we are mainly rational/considered in our decision making. Yet much of our thinking is fast, instinctive and informed by visuals rather than words. You can see the results everywhere- not least in the high value that brands place on developing instantly recognisable visuals (The insurance market is probably the most extreme example).

For practitioners (rather than academics) I have two must read book recommendations :- 1) Decoded by Phil Barden and 2) The Choice Factory by Richard Shotton ( the first of these has the best summary I have read of Daniel Kahneman great book Thinking Fast and Slow

page 36page 37

 

 

Published by joinedupthink

Freelance Strategist in The Zoo at Google Founder of The Joined Up Company Former CEO of redcell advertising Executive Planning Director of McCann-Erickson Planning Director of Ogilvy

Leave a Reply

%d bloggers like this: