Ranging from changes in society to the owner’s messaging, the history of the Ford pickup truck is about more than transportation.
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.
How To Be Happy At Work
Using criteria that include happiness and meaningfulness, the ATUS (American Time Use Survey) ranks job well-being.
How a (Hershey’s) Kiss and Free Shipping Are Similar
Whether enjoying free shipping or free chocolates, consumers have a similar response because of the word “free.”
The Best New Year’s Advice From a Behavioral Economist
Having made this year’s New Year’s resolutions, next, we can ask a behavioral economist about the best ways to stick to them.
Black Swans and Gray Rhinos
We can use a zoo that includes black swans, gray rhinos, elephants, and camels to describe financial events and human behavior.
Why Our Tipping Behavior Changed
Explained by behavioral economics, a new technological default changed our tipping behavior in restaurants and taxi cabs.
Why We Won’t Get the Gifts We Want
For this holiday season, economists tell us that gift giving could say more about the giver than what the recipient wants.
The Downside of Giving Gifts
As we start to plan our gift giving for this holiday season, we should remember preference falsification and deadweight loss.
When Inflation Creates a Cheap Date
In addition to our behavior at the supermarket and the gas station, inflation has created the incentive to go on cheap dates.
What Lottery Winners and Losers Need to Know
Futher confirming that economics is everyday life, behavioral economists have explained why we buy tickets when we won’t be lottery winners.