The field of behavioral economics blends ideas from psychology and economics, and it can provide valuable insight that individuals are not behaving in their own best interests. Behavioral economics ...

Salary negotiations can feel like a tricky game where the right strategy can make all the difference. But what if there was a way to use science to boost your chances? Behavioral economics combines ...

The Consumer Financial Protection Bureau will hold its second symposium on consumer protection policy, this time dealing with behavioral law and economics. The event, scheduled for Sept. 19, will ...

Learn about the challenges of wellbeing incentive programs and why many employers may reconsider their effectiveness.

Last week, President Obama signed an executive order officially codifying a new group called the Social and Behavioral Sciences Team. The team has been around for a year, but the announcement gave ...

Editor’s Note: Let’s play the ultimatum game. Here’s how it works: I give your friend $20. He has to share a portion of his $20 with you and can give you as much as he wants. If you accept the offer, ...

Consumer optimism, as measured by the University of Michigan consumer sentiment index, has rebounded this year to its highest levels since 2007. Overall, this is very positive news about rebounding ...

Behavioral economics helps investors understand irrational market behaviors and customer choices. Examples of behavioral economic theories include loss aversion and sunk-cost fallacy. Recognizing ...

Behavioral economics combines elements of economics and psychology to understand how and why people behave the way they do in the real world. It differs from neoclassical economics, which assumes that ...