15 ways to powerfully communicate climate change solutions

Decision Science News | May 5, 2015

The Guardian has a panel of experts share what they think are the best ways to promote positive action for climate change. Suggestions include connecting the dots, highlighting the economic benefits, and forgetting about the pictures of polar bears. CDS' own Elke Weber recommends that we don't forget that small efforts add up. We need to communicate solutions that are credible and effective that will cumulatively scale up in the long run. 


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Opinion: Earth Day, climate change and the god of small things.

Decision Science News | April 22, 2015

Ruth Greenspan Ball and Elke U. Weber, in honor of Earth Day, discuss how people need to think of climate change in both big and small ways. Fighting climate change goes beyond just global and national changes, it needs to be a part of our everyday lives. Researchers estimate that 40% of electric use and carbon emissions in the United States come from individual and household use. The ideas for small scale change are here, such as keycards that activate electricity in hotel rooms. The continued pursuit and activation of these ideas is key. 

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Loyola-Chicago conference finds a 'perfect storm' of mental barriers to climate action

Decision Science News | March 31, 2015

At the Second Annual Climate Change Conference at Loyola University Chicago, researchers discussed why it is so difficult to motivate people to undertake climate-friendly behavior changes. Elke Weber, Columbia Business School, discussed the psychological barriers we face when trying to be climate-friendly. These include that our decisions are often guided by emotion, rules and habits, and they often reflect a bias for the status quo.

Topics: Business Economics and Public Policy, Leadership, Strategy | Read Article

Money Challenges (and Advice) for Adults Over Age 55

Decision Science News | March 25, 2015

Older adults have very different money priorities than younger members of their families. Rather than focusing on accruing wealth, older adults should strive to spend less and to plan their estate. A large concern when it comes to these activities is cognitive decline. Eric Johnson, Columbia Business School, says that while cognitive challenges are present in older age, years of collected wisdom can counteract this decline.

Topics: Business Economics and Public Policy, Healthcare | Read Article 3.0 — Behavioral Economics and Insurance Exchanges

Decision Science News | February 23, 2015

In October 2013, the Affordable Care Act introduced a new insurance market — state and federal exchanges where people can purchase health insurance for themselves or their families. Although the rollout of the exchanges was disastrous, around-the-clock efforts fixed many of the biggest technical problems, and nearly 7 million people purchased insurance in the new market.

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Why Confidence May Be Your Biggest Financial Risk in Retirement

Decision Science News | January 26, 2015

Practice and experience that come with age may offset much of the adverse impact from slipping brainpower, say Read Article

The next energy revolution won’t be in wind or solar. It will be in our brains.

Decision Science News | January 23, 2015

One popular paradigm for thinking about how to deal with the problem of global warming is to divide the problem into “wedges.” Thus, one wedge would be to increase solar power.

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Rising Consumer Delinquencies and Persistent Wealth Gap Foreseen in North America: FICO Survey

Decision Science News | January 21, 2015

A survey conducted by FICO finds that while consumer deliquencies and credit card debt are expected to rise in the first half of 2015, the U.S. and Canada are less pessimistic than previous quarters regarding student loan delinquencies. 



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Decision Science News | January 15, 2015

New research shows cognitive aging does not spell doom for financial decision-making

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As We Age, We Get Both Smarter and Less Smart

Decision Science News | January 15, 2015

The bad news: our brains slow down as we age. As early as our 30s, "fluid intelligence" starts deteriorating. The good news: another type of smarts—"crystallized intelligence," or the ability to use skills, knowledge, and experience—keeps growing until we get elderly.

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