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

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

Buffett rejects the efficient markets hypothesis, but still recommends low-cost index funds for most ordinary investors.

Mainstream economists and others speak of the Consumer Price Index as the measure of inflation. Yet, the CPI is nothing more ...

The long reach of life experience affects real-world economic outcomes, for policymakers and consumers alike On October 29, 1929, the roaring twenties came to a sudden close in the United States. In ...

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.

It is a bit difficult to say what criteria should be used to judge the success or failure of a research initiative on the scale of merging psychology and economics. Two reasonable criteria, at least ...

The average rent in the U.S. in 2025 is around $2,000 per month. Prices remain highest in large coastal metro cities. In comparison, below-average rent can be found in Midwestern and Southern markets.

Two researchers at Stanford University suggest in a new preprint research paper that repeatedly optimizing large language models (LLMs) for such market-driven objectives can lead them to adopt bad ...

The very rich have 1,000 times more wealth than the poorest households, according to a new report. That wealth is not ...

Before the South boomed as America’s exemplary region of economic growth, some Southern states with low indices of social ...

A new setup for social games suggests that when people are given the freedom to tailor their actions to different people in ...