Synopsis
The figure above demonstrates the Müller-Lyer illusion, where equal-length lines appear different due to cognitive processing, illustrating how perceptions can mislead us – a key concept in Behavioural Economics. This field explores how psychological attributes affect economic decisions. Our lecture will first examine examples of how these attributes lead to seemingly irrational decisions. Then we will discuss leveraging an understanding of behavioural biases to subtly influence decision-making contexts, nudging individuals towards more desirable choices.
Speaker
Jo Tyndall
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High Commissioner of New Zealand to Singapore Jo Tyndall will share her views about the world’s throw-away culture, with aspirations for economic growth defined very narrowly in GDP terms – and the dawning realization that this was a fool’s paradise. We will learn how we have to treat our planet differently and work out how we – as societies and individuals – can do that. Each country has its own unique challenges: Her Excellency will share how New Zealand manages her food production, which also accounts for the biggest share of New Zealand’s export-driven economy.
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Modise Casalis Mokitlane
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High Commissioner of The Republic of South Africa to Singapore Modise Casalis Mokitlane’s presentation will highlight and focus on the kind of political and consumption values that may be undergirding our human practices of land use, the complex but unequal benefits of attempts to minimize or scale back the consumption of Earth depending on the country, region or community and finally, the problem and effects of history in forging global solution to the violence against Earth.
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In Partnership With
