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#21 Benis Kumar - Behavioural Finance and Trading Biases

The AlphaMind Podcast

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How to Reduce Railway Accidents by 90 Percent

We painted the railway tracks, pi tracks as ello and left 15 as as it is. This simple intervention reduced the accidents by almost 90 percent in a station called wadala. The beauty or what we call it as non conscious intervention through behavior architecture, is the customer who is getting influence has no clue that he is getting influenced. So this actually opened a new way of combining cognitonero signs, behaviel economic principles to understand and explain a behavial anomaly, then using design to solve for it. That's terrific. Thank you very much.

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