Behavioral Economics

The intersection of psychology and economics, behavioral economics looks at human tendencies that involve biology and culture when predicting and explaining economic decision-making.

Why Netflix Makes Choosing Easier

Netflix makes choosing a movie easier because we get exhausted from contemplating countless possibilities.

What an Economist Says About a 59 Million Dollar Wedding

Knowing that prices convey information, we can assume that a $59 million wedding is an example of Thorstein Veblen’s conspicuous consumption.

How Our New Year’s Resolutions Have Changed

Seeing that our New Year’s resolutions have changed since last year, we have to figure out new devices to keep them.

How Times Change

Determining all time changes, countries each decide how New Year’s celebrations ripple from one country to the next.

What Money Means

Recent surveys that have looked at money’s value display it has become more important while traditional values are slipping.

The Afterlife of All We Return

Accepted as a normal part of online shopping, our return behavior is easy for us but is much more complex for sellers.

Why Being Tall Is About More Than Height

While seeing that height matters by identifying where we would see the most tall people, researchers note that we are growing shorter.

What We Can Learn From Charlie Munger

As much of a lkegendary investor as Warren Buffett, Berkshire Hathaway’s Charlie Munger can teach us a lot about markets.

When Prices Should Please Us

While the trajectory of consumer price changes should make us happy, instead we’ve responded with concern.

How Much Money Do We Need To Be Happy?

During the past 50 years, economists have had different answers when asked about the connection between money and happiness.