Behavioural Economics: A Power that Goes Beyond Nudges

Idea posted: October 2017

Institutions: Carnegie Mellon University    Warwick University Business School   

In pure economic theory, policy making involves applying economic levers — taxes, regulations and economic incentives — to problems that have economic roots. These problems can take the form of:…

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Economic Initiatives Can Lead to Unexpected Behaviours… at First

Idea posted: December 2015

Institutions: ESMT European School of Management and Technology    New York University Stern School of Business   

Shifting the bulk of compensation from mostly incentives (how much employees earn depends on how much they work) to mostly wages (employees earn the same guaranteed amount no matter how…

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Leveraging Cyclical Unemployment for a Stronger Workforce

Idea posted: April 2013

Institutions: Columbia Business School   

Rising unemployment, household incomes taking a dip, bankruptcies becoming widespread — these are just some of the hallmarks of an economic recession. We all remember these things from not too…

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Keeping Employee Engagement High in Tough Times

Idea posted: February 2013

Institutions: Center for Creative Leadership (CCL®)   

It is useful for us to analyse levels of employee engagement in organizations both during and in post-recession environments. Here we can define ‘engagement’ as satisfaction with job and commitment…

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