The “ultimatum game” is a classic game in behavioral economics. A simple version… One person proposes how to split a pot of ...

Discover the principles of economic justice, how it fosters equality, and explore actionable strategies to achieve fair ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Behavioural economics is a revolutionary field. Its champions may not have beheaded any royalty, but they have done the academic equivalent by overthrowing a paradigm that ruled our thinking and ...

This is part of our “Econ Extra Credit” project, where we read an introductory economics textbook provided by the nonprofit Core Econ together with our listeners. Robots are doing their part during ...

We don't always behave the way economic models say we will. We don't save enough for retirement. We order dessert when we're supposed to be dieting. We give donations when we could keep our money for ...

Paul Solman: A final excerpt from my interview with Paul Samuelson about a decade ago. For this Christmas Day edition of Business Desk, Samuelson on where behavior and economics intersect. SOLMAN: How ...

An insight into the economic aspects of consumer behavior allows small businesses to leverage limited marketing resources by improving predictions of how consumers will react to marketing strategies.

This article is important for advisors because it’s designed to help bridge the gap between the soft side and hard side of retirement planning. Too often advisors feel that the personal/emotional side ...