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B.E. For Dogs: Decoy Effect!

B.E. for Dogs is a bi-weekly comic series that will examine concepts in behavioral economics from the perspective of our canine companions. Look out for new comics every other week! The series is created by Matt Trower, Catherine Berman, and Jamie Foehl.   Decoy Effect: Ivy the pup is having a tough time deciding between two really fun toys. One way to help…

Helping Families Save for College

By Stephanie Tepper and Joseph Sherlock This year, the Common Cents Lab at CAH is partnering with two Children’s Savings Account (CSA) programs in the U.S. With our first experiment finished and several more under way, read up on what we’ve found and how we think behavioral science can be used to help low-income families…

The Triangle Health Innovation Challenge 2017

By Rachael Meleney     The Triangle Health Innovation Challenge completed their 2017 event this past weekend at Duke University, organized by the Duke School of Medicine Innovation and Entrepreneurship Activity Group, and the Carolina Health Entrepreneurship Initiative. Over the course of 48 hours, THInC mobilized teams around specific healthcare “pain points”, and challenged them…

B.E. For Dogs: Relativity Pt. 2

B.E. for Dogs is a bi-weekly comic series that will examine concepts in behavioral economics from the perspective of our canine companions. Look out for new comics every other week! The series is created by Matt Trower, Catherine Berman, and Jamie Foehl. Relativity Pt.2:  This dog knows how to use “relativity” to get a human’s attention! Here’s the basic idea:…

Common Cents Lab Unveils Millennial Financial Regret Spending Report

New report seeks to measure whether spending can make you happy  San Francisco, CA and Durham, NC – Sept. 12, 2017 – Common Cents Lab, a financial research lab at Duke University supported by MetLife Foundation, today unveiled its first ever Millennial Regret Spending Report. “While it’s common to regret the last thing we ate,…

Stealing Books

By Maura Farver     The Boston Globe recently covered a story about how Charles Bukowski and Jack Kerouac books were routinely being stolen from Porter Square Books in Cambridge (September 6th, 2017 “Who is stealing all the Bukowski and Kerouac novels?”). The article discussed the store’s strategy to dissuade potential thieves, and the first…

B.E. For Dogs: Herding

B.E. for Dogs is a bi-weekly comic series that will examine concepts in behavioral economics from the perspective of our canine companions. Look out for new comics every other week! The series is created by Matt Trower, Catherine Berman, and Jamie Foehl.   Herding: Ever notice how when one pup starts barking, nearby pups echo the call? Herding refers to acting…

Exercise Blog Series, Part 3: Exercise as if Your Mind Depends on It

Part 3 of a Series By: Michelle Zong, Jamie Foehl and Zachary Zenko, PhD   Exercise has been called a “polypill” (3) because of its plethora of benefits4. This is the third post in a series designed to review some of the many benefits of exercise in an accessible manner. Previous posts can be found…

Hot off the press: Our report on tax-time interventions at VITA sites

We ran four experiments with two tax sites in New York City to try to get people to: Cut down on their tax preparation costs and get their taxes done for free at VITA sites Save part of their tax refund. Interested to learn what we found? Check out our report. Applying Behavioral Economics in…

B.E. For Dogs: Decision Paralysis

B.E. for Dogs is a bi-weekly comic series that will examine concepts in behavioral economics from the perspective of our canine companions. Look out for new comics every other week! The series is created by Matt Trower, Catherine Berman, and Vlad Chituc.  Decision Paralysis: We often think that more choices will help us make decisions (think of the number of…