Behavior
CategoryThe Choice of Mediocrity: Why Nigerians are Like Crayfish
I’m delighted to have the first joint post on Naijanomics with my twin brother, Chine! We had lamented on this a couple of times, so I tho..
‘Na Wash’: The Economics of Flattery
Flattery – known to the Nigerian youth as ‘washing’ – has always piqued my interest due to its ability to influence one of the greatest d..
The Economic Effect of ‘I-No-Get-Change’
As I boarded a bus to work last week, the driver announced that he didn’t have any change for anyone with N500 and more, so he expected ev..
Does the Thought Really Count?: An Economic Analysis on Gifts
A friend of mine asked me if my family engages in the western culture of having gifts under a Christmas tree. I found the question fascina..
The Uncertainty Effect: Why Ignorance is Hardly Bliss
!–?xml version=”1.0″ encoding=”UTF-8″ standalone=”no”?–
Which would you prefer: waiting through a red light indicating 5 minutes ti..
Dealing with the ‘Photocopy Mentality’ in Nigeria
Several weeks ago, I stared at my screen, mouth agape, as I read my most recent article….on a stranger’s blog. However, this copy of my wo..
The Economic Significance of Having a Traditional Name
Names have always held a lot of significance – especially to Africans – but what exactly makes names so important? As Laham, Koval, Alter ..
The Binary Perspective: Our Love For Extremes
Watching the virulent reaction of the Nigerian Government to any form of critique made me realize how much we engage in binary thinking. B..
Does Patriotism Affect Economic Development?: An Independence Day Experiment
I woke up to “Happy Independence Day!” texts and somewhere down my stream of thoughts, I began to wonder what role patriotism plays in eco..
African Time: Game Theory Analysis on Why We Love Being Late
Certain parts of the world are notorious for what Nigerians would call it ‘African Time’. African time is described as the ‘perceived cult..