Behavioral Economics

January 16, 2018

Why the U.K. Wants a Latte Levy

Because the polyethylene in coffee cups prevents proper recycling, the British parliament is considering a latte levy to solve the problem.

January 2, 2018

The Easiest Way to Keep a New Year’s Resolution

Combining our "wants"and "shoulds" into temptation bundling, we wind up with a commitment device that helps us keep our New Year's resolutions.

December 21, 2017

Why We Give The Wrong Gifts

When we receive presents that disappoint us, gift giving creates deadweight loss that diminishes the economic boost from holiday spending.

December 20, 2017

How to Make Kids Smarter (And Also Help the GDP)

While superstition tells us that babies born during the Year of the Dragon will have more success and power, economists look at human capital investment.