Content tagged with "behavioral-economics"

Risk Compensation: Why We’re Not As Safe as We Feel
September 23, 2014

Another note from Jeff Speck’s book: risk homeostasis, or risk compensation. Risk compensation is a theory which suggests that people typically adjust their behavior in response to the perceived level…

Road Capacity, Traffic Problems, and Induced Demand
September 20, 2014

I’m reading Walkable City, by Jeff Speck (who recently spoke at the Plain Green Conference, part of which I attended). In it, he talks of “induced demand,” which he says is the thing that everyone in…

Rules Are Rules
March 5, 2011

I’ve been thinking a quite a bit lately about consequences, and how today’s society tries to qualify everything – “well, I know it was against the rules, BUT…” Brigham Young University recently…

Why Money Can Kill Motivation
January 2, 2012

The Overjustification Effect: This is a good distillation of what motivates us, and why money isn’t always a good motivator. According to the research, in modern America the average income required to…