technology Archives - BehavioralEconomic.co.uk | The BE Hub https://www.BehavioralEconomic.co.uk/tag/technology/ Home of the Behavioral Economics Guide and the Behavioral Economics Academy. A behavioral science hub hosting information, discussions and resources. Wed, 04 Dec 2024 06:35:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 179258705 How to Create Dashboards That Boost User Engagement https://www.BehavioralEconomic.co.uk/how-to-create-dashboards-that-boost-user-engagement/ https://www.BehavioralEconomic.co.uk/how-to-create-dashboards-that-boost-user-engagement/#respond Tue, 03 Dec 2024 12:09:22 +0000 https://www.BehavioralEconomic.co.uk/?p=12033 Great dashboards don’t just display data—they drive action. Whether it’s tracking fitness, managing projects, or learning new skills, the best dashboards use behavioral science to go beyond numbers. They tap into user psychology to inspire engagement and ensure every user feels progress. Explore real-life examples that got it right.

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]]> https://www.BehavioralEconomic.co.uk/how-to-create-dashboards-that-boost-user-engagement/feed/ 0 12033 The ChatGPT Effect: How Will Our Skillset Evolve in the Age of AI? https://www.BehavioralEconomic.co.uk/the-chatgpt-effect-how-will-our-skillset-evolve-in-the-age-of-ai/ https://www.BehavioralEconomic.co.uk/the-chatgpt-effect-how-will-our-skillset-evolve-in-the-age-of-ai/#respond Tue, 04 Jul 2023 11:56:57 +0000 https://www.BehavioralEconomic.co.uk/?p=10546 In the digital age, technology has made life more convenient but has also led to the outsourcing of essential skills. The rise of ChatGPT, an AI language model, which offers multiple incredible abilities including enhanced writing abilities, raises the concern that it may diminish our ability to express ourselves properly and complete a task all by ourselves. Like the "Google Effect", we risk relying on AI to the point of losing our writing prowess and cognitive skills. To harness the benefits without sacrificing other skills, we must strike a balance between utilizing AI tools and nurturing our own abilities.

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]]> https://www.BehavioralEconomic.co.uk/the-chatgpt-effect-how-will-our-skillset-evolve-in-the-age-of-ai/feed/ 0 10546 The Internet of Things: A Landmark Technology for Behavior Change? https://www.BehavioralEconomic.co.uk/the-internet-of-things-a-landmark-technology-for-behavior-change/ https://www.BehavioralEconomic.co.uk/the-internet-of-things-a-landmark-technology-for-behavior-change/#comments Tue, 24 Jan 2023 09:40:09 +0000 https://www.BehavioralEconomic.co.uk/?p=10203 Internet of Things (IoT) devices such as smart watches, smart energy meters, and telematics devices have great potential for changing risky behaviors. These devices collect data about behaviors and replay it to consumers to inspire action. But there are considerations for behavioral scientists if this technology is going to be successful as a behavior change tool. This article discusses three considerations and how behavioral scientists can help to unlock the behavior change potential of IoT.

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]]> https://www.BehavioralEconomic.co.uk/the-internet-of-things-a-landmark-technology-for-behavior-change/feed/ 4 10203 How the Metaverse Is Designed to Hijack Your Circuits https://www.BehavioralEconomic.co.uk/how-the-metaverse-is-designed-to-hijack-your-circuits/ https://www.BehavioralEconomic.co.uk/how-the-metaverse-is-designed-to-hijack-your-circuits/#comments Wed, 30 Mar 2022 11:33:31 +0000 https://www.BehavioralEconomic.co.uk/?p=9462 The most successful products of the digital revolution, principally those with social media components, have mirrored and exaggerated our ancient mental response mechanisms. With the coming metaverse and ‘web3’, psycho junk food supernormal stimuli may be about to take the exploitation of our Stone Age minds to a frightening next level.

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]]> https://www.BehavioralEconomic.co.uk/how-the-metaverse-is-designed-to-hijack-your-circuits/feed/ 2 9462 A Safe Space: Privacy Concerns and Financial Support Tools https://www.BehavioralEconomic.co.uk/a-safe-space-privacy-concerns-and-financial-support-tools/ https://www.BehavioralEconomic.co.uk/a-safe-space-privacy-concerns-and-financial-support-tools/#respond Tue, 25 May 2021 14:14:13 +0000 https://www.BehavioralEconomic.co.uk/?p=8502 Consumers are becoming increasingly concerned about data privacy in their interactions with tools that support financial decision-making. The authors of this TFI research project investigate the impact of privacy concerns on consumers’ use of financial support tools by conducting four experiments using a savings calculator tool, a mortgage calculator tool and an investment advice tool.

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]]> https://www.BehavioralEconomic.co.uk/a-safe-space-privacy-concerns-and-financial-support-tools/feed/ 0 8502 Virtual Reality to the Rescue – or Not? https://www.BehavioralEconomic.co.uk/virtual-reality-to-the-rescue-or-not/ https://www.BehavioralEconomic.co.uk/virtual-reality-to-the-rescue-or-not/#comments Fri, 28 Feb 2020 13:54:35 +0000 http://www.BehavioralEconomic.co.uk/?p=5871 Are VR technologies successful to increase savings? Or should we rely on more subtle simulation techniques? And does it matter whether people imagine positive or negative life events?

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]]> https://www.BehavioralEconomic.co.uk/virtual-reality-to-the-rescue-or-not/feed/ 1 5871 In Mobile We Trust: How Mobile Reviews Influence Consumer Decisions https://www.BehavioralEconomic.co.uk/in-mobile-we-trust-how-mobile-reviews-influence-consumer-decisions/ https://www.BehavioralEconomic.co.uk/in-mobile-we-trust-how-mobile-reviews-influence-consumer-decisions/#comments Tue, 03 Sep 2019 10:01:56 +0000 http://www.BehavioralEconomic.co.uk/?p=5529 Consumers often use online reviews as a source of information in their decisions to purchase products and services. In our research, we examine a novel cue that consumers use to infer whether a review is effortful and credible: an indication that the review was written on a mobile device. Implications of this research may impact how brands and online platforms choose to encourage and disseminate consumer-generated-content.

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]]> https://www.BehavioralEconomic.co.uk/in-mobile-we-trust-how-mobile-reviews-influence-consumer-decisions/feed/ 1 5529 Using Multiple Social Nudges to Reduce Peak Energy Demand https://www.BehavioralEconomic.co.uk/using-multiple-social-nudges-to-reduce-peak-energy-demand/ https://www.BehavioralEconomic.co.uk/using-multiple-social-nudges-to-reduce-peak-energy-demand/#comments Fri, 31 Aug 2018 09:17:06 +0000 http://www.BehavioralEconomic.co.uk/?p=4796 Can multiple social nudges be combined to achieve behavior change in electricity consumption? Find out in this post.

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]]> https://www.BehavioralEconomic.co.uk/using-multiple-social-nudges-to-reduce-peak-energy-demand/feed/ 1 4796 Applying Behavioral Science to App Design: A Short Journey https://www.BehavioralEconomic.co.uk/applying-behavioral-science-app-design-short-journey/ https://www.BehavioralEconomic.co.uk/applying-behavioral-science-app-design-short-journey/#comments Mon, 25 Sep 2017 15:43:25 +0000 http://www.BehavioralEconomic.co.uk/?p=3283 Like many of you, I work in problem domains that are bedeviled by complexities, often in dispersed teams of people with different skills. New technologies are thrown into this problem solving mix with an accompaniment of overwhelming hyperbole on a daily basis. It soon becomes a case of struggling to see the forest for the trees. How exactly do we marry behavioral science, app design and engineering in an organized, coherent and repeatable manner in such a workplace?

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]]> https://www.BehavioralEconomic.co.uk/applying-behavioral-science-app-design-short-journey/feed/ 1 3283 Three Ways the Internet of Things Is Shaping Consumer Behavior https://www.BehavioralEconomic.co.uk/three-ways-the-internet-of-things-is-shaping-consumer-behavior/ https://www.BehavioralEconomic.co.uk/three-ways-the-internet-of-things-is-shaping-consumer-behavior/#comments Tue, 28 Feb 2017 09:24:19 +0000 http://www.BehavioralEconomic.co.uk/?p=2396 The interconnection of devices within the “Internet of Things” (IoT) creates new data sources. Companies can now better observe people’s choices and test the effectiveness of different mechanisms to activate and retain more customers. It may also help policymakers overcome one of the most frequent problems of policy design: the lack of personalized content. We argue that the IoT not only disrupts the way we track our actions and monitor our goals, but also allows the identification of effective methods to alter our behavior. This is optimized by the combination of IoT, data analytics and behavioral science.

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