Behavioral Economics

October 18, 2017

The iPod, Starbucks, and Richard Thaler’s Behavioral Economics

Discussing the iPod he designed, Tony Fadell expressed his frustration with products that said “charge before use.” He remembered arriving home excited about a newly purchased […]

October 10, 2017

The Story of a Nudge and the Nobel Economics Prize

For his public policy nudges and his contributions to behavioral economics, Richard Thaler will get the 2017 Nobel Memorial Prize in Economics.

September 27, 2017

Where Have All of the Husbands (and Wives) Gone?

If you are an Elvis minister in Las Vegas, you have a problem. Nevada’s marriage rate is way down and so too is the wedding business. […]