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The Eurozone Sunk Cost Problem
January 23, 2015
Why a $210 Million Baseball Contract Is Less Than It Appears
January 25, 2015
Our Posts Roundup
Sunday 1.18.15 The reasons we work out less than we expect…more
Monday 1.19.15 How our expectations affect our results…more
Tuesday 1.20.15 Why we eat more cookies and save less…more
Wednesday 1.21.15 The sports streaks we might be imagining…more
Thursday 1.22.15 How we judge a price…more
Friday 1.23.15 Why we stand in line longer than we should…more
Ideas Roundup
- behavioral economics
- projection bias
- marginal cost
- transaction costs
- pre-commitment
- expectations bias
- intertemporal discounting
- saving
- hot hand
- streaks
- confirmation bias
- classical economics
- monopolistic competition
- frames
- reference points
- sunk costs
- cost and benefit
I am Elaine Schwartz, an economics writer, teacher, and the founder of econlife®. In so many places and ways, I have tried to make economics interesting and accessible so we could be personally, professionally, and politically knowledgeable.
