Behavioural economics has crossed from academic book shelves into both the public imagination and policy making – with some important lessons.
Investors say they pay attention to the cost of funds, but browsing data tells us otherwise. This could have profound implications for competition in the market for investment funds.
Price discrimination is so commonplace it's often seen as a normal and even ‘progressive’ feature of our daily lives, but it is not always a benign presence. Peter Andrews, our former chief...