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

Investing and financial planning are all about the numbers, so it’s easy to see why economists long assumed people approach these subjects logically. And they do, but only sometimes, which is one of ...

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 ...

Learnings from Behavioral Economics (and its related discipline behavioral finance) have important ramifications for many industries such as wealth management, consumer goods, insurance, healthcare, ...

Kazakhstan has invested heavily in such instruments, yet corruption continues to surface in everyday interactions, from minor ...

This paper introduces a novel AI-enhanced retirement planning platform that integrates behavioral economics principles with advanced machine learning techniques to optimize financial decision-making.

For the last few decades, behavioral economics has endeavored to identify the biases that impact our choices, as well as the “nudges” to help improve our decision-making and behavior. As those ...

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