Tag: #EconomicBehavior

• Social networks affect redistribution decisions and polarization

  “Social networks affect redistribution decisions and polarization” “Whom you observe in your daily life alters your willingness to tax the rich” Recent research suggests that the visibility of extreme wealth within a person’s social circle drives their support for economic redistribution but simultaneously fosters political polarization and personal dissatisfaction. A study published in PNAS Nexus combines computational…

  walterstiers

  2025-12-06

  #stakeholder economy, Complexity, Decision Intelligence, Life Ideas, Policy

  #DecisionIntelligence, #EconomicBehavior, #StakeholderEconomy, #TheInformationLens, economics, economy, history, news, politics

• The immorality of too much money

  “The immorality of too much money” Study across 20 countries shows extreme wealth seen as more immoral in richer, equal societies — tied to moral purity beliefs. “Filthy rich” takes new meaning. In Fast Company: ow.ly/zJBe50XsSWx In PNAS Nexus: ow.ly/JyJ950XsSWy In some societies, people find excessive wealth immoral, while others are structured so that having…

  walterstiers

  2025-11-17

  #stakeholder economy

  #DecisionIntelligence, #EconomicBehavior, #TheInformationLens, economics, history, politics

• End GDP mania

  “End GDP mania: how the world should really measure prosperity” Last week’s United Nations General Assembly, held in New York City, generated no shortage of headlines. But one notable policy initiative from the world body was not discussed by world leaders when it should have been. UN secretary-general António Guterres has put together a high-level…

  walterstiers

  2025-10-04

  #stakeholder economy, Complexity, Life Ideas, Policy

  #DecisionIntelligence, #EconomicBehavior, #TheInformationLens, climate-change, economics, economy, environment, Sustainability

• Our food system: Power and Profit 

  “Power and profit drive what we eat: here’s why the food system needs a revolution” Decades of corporate control have shaped diets, harmed farmers and strained the planet — transforming the system will take collective action. Food Fight: From Plunder and Profit to People and Planet Stuart Gillespie Canongate Books (2025) Stuart Gillespie’s book Food Fight offers a…

  walterstiers

  2025-09-30

  #stakeholder economy, Complexity, Life Ideas, Science, Social-Technical

  #DecisionIntelligence, #EconomicBehavior, food, health, nutrition, wellness

•  ‘economic denial’

  The world is facing a new form of climate denial – not the dismissal of climate science, but a concerted attack on the idea that the economy can be reorganised to fight the crisis, the president of global climate talks has warned. André Corrêa do Lago, the veteran Brazilian diplomat who will direct this year’s…

  walterstiers

  2025-06-16

  #stakeholder economy, Life Ideas, Science, Social-Technical

  #DecisionIntelligence, #EconomicBehavior, #TheInformationLens

• 7 communication reasons organizations do not change

  “The seven communication reasons organizations do not change“ Results of this study point to the limitations of management and impersonal communication. Change is a messy business, and transformational change will not happen unless management is willing to tolerate the ambiguity and the sense that emerges in communication. Results also point to the importance of communication…

  walterstiers

  2025-04-01

  #Sensemaking, #stakeholder economy, Information Technology, Practical Wisdom, Social-Technical

  #DecisionIntelligence, #EconomicBehavior, #TheInformationLens

• “mundane behaviours resembles a drug”

  The problem extends across the globe. Researchers have studied compulsive shopping in many countries, including the United States, Turkey, Poland, Germany, India, Brazil, South Korea and Pakistan — where almost one-third of university students were classified as compulsive buyers in both physical stores and online.Heping He, a marketing researcher at Shenzhen University in China, is…

  walterstiers

  2025-03-06

  #sense-making, #stakeholder economy, Biology of Information

  #DecisionIntelligence, #EconomicBehavior, #Neuroscience, #ProblemSolvingMind, #TheInformationLens, addiction, anxiety, health, mental-health

• Civil society comes of age in economics

  “Civil society comes of age in economics: Tracking a century of research“ Using topic modeling on the corpus of papers published in seven leading economics journals since 1900, we study the evolving emphasis in research on themes relating to the state, markets, and civil society, the latter referring to families, firms as organizations, other private…

  walterstiers

  2025-02-15

  #stakeholder economy, Policy

  #DecisionIntelligence, #EconomicBehavior, #TheInformationLens

• New Stakeholder Theory to rescue the megaproject puzzle …

  “Cracking the megaproject puzzle: A stakeholder perspective?” advocates the perspective ” new stakeholder theory ” to make sense of empirical regularities in megaprojects, so make sense of delays, cost growth, and scope creep. It is suggested that empirical regularities are not isomorphic with bad management and/or dishonesty, but rather an outcome of the ‘rules of the game’.…

  walterstiers

  2024-08-20

  #stakeholder economy, Complexity, Policy, Sustainability

  #DecisionIntelligence, #EconomicBehavior, #StakeholderEconomy, #TheInformationLens

• It’s the Biology, Stupid!

  “It’s the biology, stupid! Proxy failures in economic decision making” is a commentary by Pier Luigi Sacco (available here), on a work by Yohan J. John et.al.: “Dead rats, dopamine, performance metrics, and peacock tails: Proxy failure is an inherent risk in goal-oriented systems” (also available on ResearchGate) Where the “Dead rats, … peacock tails”…

  walterstiers

  2024-08-07

  #Sensemaking, #stakeholder economy, Biology of Information, Creative Thinking, Decision Intelligence, Life Ideas, Neurobiology/psychology, Policy, Social-Technical

  #DecisionIntelligence, #EconomicBehavior, #StakeholderEconomy, #TheInformationLens

• Lead with purpose, govern in partnership

  Also by  Professor Mazzucato from the IIPP: “MISSION CRITICAL 01 Statecraft for the 21st century“ This research draws on expert interviews and builds out from the seminal work of author Professor Mariana Mazzucato at the UCL Institute for Innovation and Public Purpose (IIPP). She has established clear criteria for missions (Mazzucato, 2019) and made the case for mission-oriented government (Mazzucato,…

  walterstiers

  2024-07-15

  #sense-making, #Sensemaking, #stakeholder economy, Complexity, Decision Intelligence, Life Ideas, Policy, Social-Technical

  #DecisionIntelligence, #EconomicBehavior, #StakeholderEconomy, #TheInformationLens, economy, government

• Countries must decide what missions can help direct their economies.

  Industrial strategy is experiencing a renaissance. Getting the details right matter. Mission-oriented industrial strategy needs to be more than words if we want to avoid missions becoming part of the problem, not the solution. This report (Mission-oriented industrial strategy: global insights) is based on research conducted over the past several years, led by Professor Mazzucato and…

  walterstiers

  2024-07-15

  #sense-making, #Sensemaking, #stakeholder economy, #Wicked, Complexity, Creative Thinking, Decision Intelligence, Design Thinking, Policy, Science, Social-Technical, Sustainability

  #DecisionIntelligence, #EconomicBehavior, #ProblemSolvingMind, #StakeholderEconomy, #TheInformationLens, business, economy, leadership, management

• Tim ‘S Jongers legt armoede uit aan mensen met geld

  “Armoede uitgelegd aan mensen met geld” van Tim ‘S Jongers is een meer dan waardevol boek om te lezen. In een land geregeerd door welvarende, hoger opgeleide mensen wordt op een beperkte en soms zelfs schadelijke manier naar armoede gekeken. Mensen met geld snappen niet wat armoede is – en toch gaan zij over de…

  walterstiers

  2024-07-12

  #stakeholder economy, Complexity, Life Ideas, Science, Social-Technical

  #DecisionIntelligence, #EconomicBehavior, #StakeholderEconomy, #TheInformationLens, #Wicked, mental-health

• Market forces are not enough to halt climate change

  A very interesting opinion has been published a while ago in the FT: “Market forces are not enough to halt climate change“ I like to repeat the quote used in the “Nature Anthropocene briefing of July 5“, with following comments:The desire for financial returns will mean that fossil fuels continue to be good investments, thus…

  walterstiers

  2024-07-07

  #Sensemaking, #stakeholder economy, Decision Intelligence, Life Ideas, Policy, Sustainability

  #DecisionIntelligence, #EconomicBehavior, #StakeholderEconomy, #TheInformationLens

• How the US Is Destroying Young People’s Future – Who is next ?

  A stunning speech from Scott Galloway on TED, tackling the issues of western (US) society. However, the talk is about US, the issues are not just limited to the US, and can easily be found back in the modern western world. As such, this talk might be inspiring. In a scorching talk, marketing professor and…

  walterstiers

  2024-05-07

  #Sensemaking, #stakeholder economy, Life Ideas, Policy, Science, Social-Technical

  #DecisionIntelligence, #EconomicBehavior, #StakeholderEconomy, #TheInformationLens

• Limitarism – A bliss

  Ingrid Robeyns’s Limitarianism: The Case Against Extreme Wealth, a powerful case for limitarianism–the idea that we should set a maximum on how much resources one individual can appropriate. A must-read! (so says Thomas Piketty). Ingrid Robeyns’ Limitarianism is a recent addition in a long line of critiques – such as Thomas Piketty’s Capital and Branko Milanovic’s Visions of Inequality – of the…

  walterstiers

  2024-03-15

  #Sensemaking, #stakeholder economy, Life Ideas

  #DecisionIntelligence, #EconomicBehavior, #StakeholderEconomy, #TheInformationLens

• Equality is essential for sustainability.

  In following, I resume 3 recent articles on this most valuable topic, related to the survival of our environment, societies and species. Why the world cannot afford the rich Equality is essential for sustainability. The science is clear — people in more equal societies are more trusting and more likely to protect the environment than…

  walterstiers

  2024-03-15

  #Sensemaking, #stakeholder economy, Decision Intelligence, Innovation Games, Life Ideas, Policy, Sustainability

  #DecisionIntelligence, #EconomicBehavior, #StakeholderEconomy, #TheInformationLens, bill-gates, climate-change, economics, economy

• We weten hoe het moet – duurzaamheid …

  Annette Kehnel, professor Middeleeuwse geschiedenis verbonden aan de Universiteit Mannheim, schreef enkele jaren geleden het inspirerende boek “We weten hoe het moet een kleine geschiedenis van de duurzaamheid van de middeleeuwen tot nu“. (of origineel: “Wir konnten auch anders: Eine kurze Geschichte der Nachhaltigkeit” (rezensiert von Dietrich Lohrmann, Aachen)Een fragment uit het boek is ter…

  walterstiers

  2024-02-19

  #stakeholder economy, Life Ideas, Social-Technical, Sustainability

  #DecisionIntelligence, #EconomicBehavior, #StakeholderEconomy, #TheInformationLens, blog, blogs, identiteit, nederlands, recensie

• Bayesian model: prior–cost

  Sohna and Jazayeri discuss in “Validating model-based Bayesian integration using prior–cost metamers” the two competing views on how humans make decisions under uncertainty. Bayesian decision theory (BDT) posits that humans optimize their behavior by establishing and integrating internal models of past sensory experiences (priors) and decision outcomes (cost functions). An alternative hypothesis posits that decisions…

  walterstiers

  2024-02-02

  #Sensemaking, #Wicked, Active Inference, Biology of Information, Complexity, Decision Intelligence, Neurobiology/psychology, Science

  #DecisionIntelligence, #EconomicBehavior, #ProblemSolvingMind, #TheInformationLens, #Wicked

• Governing the economics of the common good

  To meet today’s grand challenges, economics requires an understanding of how common objectives may be collaboratively set and met. Tied to the assumption that the state can, at best, fix market failures and is always at risk of “capture”, economic theory has been unable to offer such a framework. To move beyond such limiting assumptions,…

  walterstiers

  2024-01-08

  #Sensemaking, #stakeholder economy, Complexity, Life Ideas, Social-Technical, Sustainability

  #DecisionIntelligence, #EconomicBehavior, #ProblemSolvingMind, #StakeholderEconomy, #TheInformationLens

• “don’t hate the players, change the game” – The dark side of competition in AI

  Competition. It’s a fundamental part of human nature. […] When it’s done right, it can drive us to incredible feats in sports and innovation, […] healthy competition, because even though individual companies might come and go, in the long run, the game between them creates win-win outcomes where everyone benefits in the end. But sometimes…

  walterstiers

  2023-11-21

  #Sensemaking, AI, Creative Thinking, Decision Intelligence, Life Ideas

  #DecisionIntelligence, #EconomicBehavior, #TheInformationLens

• Adult play – favoring collective decision making

  Adult play and the evolution of tolerant and cooperative societies Play is generally considered an immature affair. However, adult play is present in several mammal species living in complex social systems. This article considers the hypothesis that adult social play is favored by natural selection in those species characterized by high level of social tolerance…

  walterstiers

  2023-11-07

  #stakeholder economy, Biology of Information, Decision Intelligence, Innovation Games, Life Ideas, Neurobiology/psychology, Social-Technical

  #DecisionIntelligence, #EconomicBehavior, #StakeholderEconomy

• EXplore-versus-EXploit problems

  Trade-offs between producing costly movements for gathering information (‘explore’) and using previously acquired information to achieve a goal (‘exploit’) arise in a wide variety of problems, including foraging, reinforcement learning and sensorimotor control. Determining the optimal balance between exploration and exploitation is computationally intractable, necessitating heuristic solutions. In “Mode switching in organisms for solving explore-versus-exploit…

  walterstiers

  2023-10-31

  #Sensemaking, #Wicked, Biology of Information, Decision Intelligence, Information Technology, Life Ideas, Neurobiology/psychology, Science

  #DecisionIntelligence, #EconomicBehavior, #emergence, #ProblemSolvingMind, #TheInformationLens

• The Escape from Poverty

  Breaking the Vicious Cycles Perpetuating Disadvantage The perpetuation of poverty across generations damages lives. Drawing on a wide variety of sources and academic disciplines, along with lived experiences, this book examines why poverty is continued across generations and what needs to be done to eradicate it. This book – available for download – draws on…

  walterstiers

  2023-10-18

  #Sensemaking, #stakeholder economy, Complexity, Decision Intelligence, Science, Social-Technical

  #DecisionIntelligence, #EconomicBehavior, #ProblemSolvingMind