Human behaviour and economic policy with NYUAD - Business Extra

Prof Nikos Nikiforakis spoke to Business Extra host Mustafa Alrawi about how governments enhance their policies effectiveness


In the aftermath of the financial crisis, technological shifts, the Covid-19 pandemic and climate change, governments have been working to deliver more effective economic policies and looking to understand how to best implement them.

The study of human behaviour has, as a result, become more critical in areas such as education, health and jobs.

Nikos Nikiforakis, professor of economics and co-director of the Centre for Behavioral Institutional Design (C-BID) at NYU Abu Dhabi, talks to host Mustafa Alrawi ahead of the centre's Behavioral Policy Design Conference in the capital in November.

Experts and policymakers will gather at the event to discuss how what we know about human behaviour is increasingly influencing how policy is being set.

In this episode

What is behavioural social science? (48s)

The link between human behaviour and economic policy (1m 42s)

How is this implemented? (3m 24s)

Helping policy-makers make better judgements (6m 29)

How are theories tested? (10m 13s)

The role of economists (14m 58s)

More

What does it take to ensure a green-energy future?

Liz Truss's downfall and the problem with markets dictating government policy

Disruption is the new normal

COMPANY%20PROFILE
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The years Ramadan fell in May

1987

1954

1921

1888

The specs
Engine: 2.4-litre 4-cylinder

Transmission: CVT auto

Power: 181bhp

Torque: 244Nm

Price: Dh122,900 

2.0

Director: S Shankar

Producer: Lyca Productions; presented by Dharma Films

Cast: Rajnikanth, Akshay Kumar, Amy Jackson, Sudhanshu Pandey

Rating: 3.5/5 stars

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

Biography

Favourite drink: Must have karak chai and Chinese tea every day

Favourite non-Chinese food: Arabic sweets and Indian puri, small round bread of wheat flour

Favourite Chinese dish: Spicy boiled fish or anything cooked by her mother because of its flavour

Best vacation: Returning home to China

Music interests: Enjoys playing the zheng, a string musical instrument

Enjoys reading: Chinese novels, romantic comedies, reading up on business trends, government policy changes

Favourite book: Chairman Mao Zedong’s poems

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

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Updated: November 15, 2022, 3:52 PM

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