Ronan Lyons | Personal Website
Ronan Lyons | Personal Website

world cup

When will Ronaldo dive? Insights from behavioural economics

With all the investment banks getting in on the act, here’s another shameless attempt to cash in on the World Cup. When will Ronaldo dive? What can behavioural economics tell us about this? After a quick poll, to profile Ronaldo, this post looks at three schools of thought in economics that might reveal something about when Ronaldo will dive: how people are biased to the present, how people value fairness and how people dislike ambiguity. Read more