Experiments in Behavioural Economics - examples of confirmation bias and bounded rationality

The Banking Vault on Instagram: "One of the most unusual experiments in social control took place in late 18th-century England with the rise—and failure—of Jeremy Bentham’s Panopticon, a prison design that promised total order through architecture alone. Bentham, a philosopher obsessed with efficiency and rational governance, believed that behaviour could be engineered if people thought they were being watched at all times. His solution was deceptively simple: a circular prison with cells arrang

15 Famous Experiments and Case Studies in Psychology

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