Behaviour Insights Flashcards
Cognitive bias
Common mistakes in reasoning that occur when we value perception or beliefs over reality, might be explored to influence customer behaviour and innovation opportunities
2 types of decisions
Automatic - minimises errot
Reflexive - optimises performance
Decision Making
1º Cognitive overload makes automatic system override the reflexive system
2º Leads to biases in the judgement and decision making process
3º Because of that people behave irrationally and make suboptimal decisions
Basic Framework
Step-by-step framework on how to apply the most powerful psychological principles to your marketing startegy
behaviour
analysus
stratefies
intervention
change
Mindspace
Framework that focuses on 9 forces that drive behaviour across a variety of contexts It complements current policy making integrating behavioral science into the process
Messenger- we are heavily influenciated by who is communicating information
Incentives- our response to incentives are shaped by predictable mental shortcuts, such as the strong desire to avoid lossses
Norms- we are heavily influenced by what others do
Defaults- we go with the flow of pre-set options
Salience - our attention is drawn to novel things that seem relevant to us
Priming - our actions are often influenced by subconcious cues
Affect - our act«ions can be powerfully shaped
Mindspace
Framework that focuses on 9 forces that drive behaviour across a variety of contexts It complements current policy making integrating behavioral science into the process
Messenger- we are heavily influenciated by who is communicating information
Incentives- our response to incentives are shaped by predictable mental shortcuts, such as the strong desire to avoid lossses
Norms- we are heavily influenced by what others do
Defaults- we go with the flow of pre-set options
Salience - our attention is drawn to novel things that seem relevant to us
Priming - our actions are often influenced by subconcious cues
Affect - our act«ions can be powerfully shaped
Mindspace
Framework that focuses on 9 forces that drive behaviour across a variety of contexts It complements current policy making integrating behavioral science into the process
Messenger- we are heavily influenciated by who is communicating information
Incentives- our response to incentives are shaped by predictable mental shortcuts, such as the strong desire to avoid lossses
Norms- we are heavily influenced by what others do
Defaults- we go with the flow of pre-set options
Salience - our attention is drawn to novel things that seem relevant to us
Priming - our actions are often influenced by subconcious cues
Affect - our act«ions can be powerfully shaped