Economists and psychologists work together to understand how human behavior impacts people's decision-making in the marketplace.

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

Organizations around the globe are increasingly using insights from the field of behavioral economics to help people make more efficient decisions. Discover how to apply cutting-edge behavioral ...

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 ...

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 ...

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 ...

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 ...

Behavioral economics sheds light on most every day activities and why we consume goods and services the way we do, why we make certain choices about ourselves or others, and how we decide courses of ...

This course will introduce students to the experimental economics methodology. Experimental economics utilizes lab and natural experiments to investigate decision-making and motivations for observed ...

Note from Paul Solman: Dean Karlan is a Yale behavioral economist with a mission, a mission almost all economists used to share and many would insist they still do: to improve human welfare. Not ...

In my most recent post, I made some predictions about what the world will look like in the year 2045. I wanted to follow that up with a comment on how I think this will make some parts of behavioral ...

Max Burton-Chellew receives funding from The Calleva Research Centre for Evolution and Human Sciences, Magdalen College, Oxford. Behavioral economists have revolutionized the standard view of human ...