Considering the cost of ad-free streaming video, we are nudged in opposite directions by incentives that relate to behavioral economics.
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.
What a Behavioral Economist Might Say About the Barbie Snub
Noting the Oscar nominations that top-grossing film “Barbie” did not get, we can ask if the film industry patriarchy was the reason.
Why Subscriptions Might Never End
Behavioral economics can explain why forgotten subscriptions have become an increasingly typical phenomenon.
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.