PinnedKoen SmetsBest of Koenfucius 2023My 10 most read posts of the past year3 min read·Jan 4, 2024----
PinnedKoen SmetsWe are all economistsMainstream and behavioural economics are two sides of the same coin·8 min read·Jun 3, 2016--3--3
Koen SmetsThe limits of transactional thinkingCustomers who treat their relationships with their suppliers of the goods and services as limited to the individual transaction may…·6 min read·2 days ago----
Koen SmetsSuspicious mindsPeople can be too sceptical, and irrationally turn down offers that are genuine. Or might that not be as irrational as it seems?·7 min read·May 3, 2024--1--1
Koen SmetsThinking fast and wrongThinking fast, contrary to what we are sometimes led to believe, is a largely adaptive trait that serves us well. When it is not, and leads…·7 min read·Apr 26, 2024----
Koen SmetsBans and obligations: a last resort?The law can be an important, but often overlooked, factor in our day-to-day choices. But how effective are legal bans and obligations…·6 min read·Apr 19, 2024----
Koen SmetsBeyond value for money: lessons from a broken-down carEconomic transactions like purchases are often treated as exchanges: you pay someone money and get goods or services in return. But is the…·6 min read·Apr 12, 2024----
Koen SmetsA craving for certaintyEven if we know we cannot avoid uncertainty, we continue to pursue certainty.·6 min read·Apr 5, 2024----
Koen SmetsThe amoral universeIs morality, literally, just a figment of our imagination?·6 min read·Mar 29, 2024----
Koen SmetsDon’t confuse the facts with the truthWe should be careful not to take our interpretation of the facts as the objective, unequivocal truth.·6 min read·Mar 22, 2024--1--1