Behavioral economic theories are used to explain most everyday decisions, such as what people buy, how they manage their finances, and whether or not they make healthy lifestyle choices.
Redfin's chief economist on how she used behavioral economics to avoid the pitfalls of buying a house and find her dream home ...
Behavioral Economics was not a dedicated focus area of study when I was in school, but the material resonated with me much more than classical economic theory. I also appreciated Professor Pope ...
In 2002, Professor Kahneman was awarded the Nobel Memorial Prize in economics. (See “Daniel Kahneman: The Thought Leader Interview,” by Michael Schrage, s+b, Winter 2003.) The application of ...
funny and were always in some way devastating to a piece of theory.” Kahneman goes so far as to credit the column for having a significant influence in the acceptance of behavioral economics. “I've ...
Susan M. Dynarski and Judith E. Scott-Clayton, “The Cost of Complexity in Federal Student Aid: Lessons from Optimal Tax Theory and Behavioral Economics,” National Tax Journal 59 (2) (2006): 319–356.
Prospect theory and other work by Tversky and Kahneman continues to inform many areas of behavioral economics research today. What role have Richard Thaler and behavioral economists at the University ...
Behavioral economic theories are used to explain most everyday decisions, such as what people buy, how they manage their finances, and whether or not they make healthy lifestyle choices.
Economics correspondent Paul Solman helps explain Thaler's theories,… The average charge per overdraft went from $21.57 in 1998 to $31.26 in 2012. Similarly, average ATM fees more than doubled ...
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