Behavioral economics uses an understanding of human psychology to account for why people deviate from rational action when they’re making decisions. In the model of rational action assumed by ...

This course provides an overview of behavioral economics. Behavioral economics incorporates descriptively accurate assumptions about cognitive ability, social interaction, moral motivation, and ...

Definition: Impulsive buying is the tendency of a customer to buy goods and services ... It is based on an irrational thinking. Marketers try to tap this behavior of customers to boost sales. There is ...

Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master's in economics from The New School for Social Research and his ...

The market looks like it's heading back the speculative mania seen during the pandemic-era boom, Jim Chanos said.

He is a professor of economics and has raised more than $4.5 billion in investment capital. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in ...

Union budget 2025-26 Live Updates: Modi govt has made some big announcements including changes in the new tax regime with taxpayers not having to pay any income tax on earnings up to Rs 12 lpa ...

Firms frequently fail to adopt profitable business opportunities even when they do not face informational or liquidity constraints. We explore three behavioral frictions that explain inertia among ...

Definition: True cost economics is an economic model that includes the cost of negative externalities associated with goods and services. Description: If the prices of goods and services do not ...

The integration of behavioral economics with neuroimaging techniques exhibits a comprehensive understanding of the complex interactions among morphological, anatomical and physiological states of ...

Black women are often celebrated for our resilience, strength, and power, which can feel almost superhuman at times. This ...

In today’s global marketplace, understanding tariffs is essential for merchants and aspiring entrepreneurs alike. A tariff is ...