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Lytton Advisory

Season’s Greetings

“Start by doing what’s necessary; then do what’s possible; and suddenly you are doing the impossible.” St Francis of Assisi

This year has been extraordinarily challenging for all of us. Australia was ablaze with bush fires before the world succumbed to a global pandemic.

Lytton Advisory has been extremely fortunate to work with a committed group of clients and be well supported by a talented array of professionals. Thank you to one and all.

With blessings and best wishes to you and yours at Christmas and for the coming year.

Craig

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Lytton Advisory

Behavioural Economics in Action

Economic analysis starts from an assumption that people act in a rational way. Over the past few years economists have been exploring why people seemingly break this assumption on a regular basis. Understanding how people react to information, incentives and the way in which choices are presented is becoming increasingly key to developing effective approaches to designing and delivering public policy. It was one of the reasons I recently completed a short course on behavioural economics.