Behavioral Economics

November 13, 2015
Published by Elaine Schwartz at November 13, 2015
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The Problem With Bovine Burps

Reducing environmental externalities from greenhouse gas emissions involves the methane that cows and other ruminants burp.

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November 5, 2015
Published by Elaine Schwartz at November 5, 2015
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Why It’s Tough to Place the Poverty Line

Whether calculating the poverty rate in Rwanda or in the U.S., the income and/or consumption variables you select determine your results.

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November 2, 2015
Published by Elaine Schwartz at November 2, 2015
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Why China’s Two-Child Policy Might Not Work

Although China has said it will replace its one-child policy with a two child limit, small families remain a social norm that will be tough to change.

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October 27, 2015
productivity questions
Published by Elaine Schwartz at October 27, 2015
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Solving the Mystery of the Disappearing Workers

One reason we have a labor force participation rate of 62.4 percent is because retirees, students, the disabled and people who care for family do not work.

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October 25, 2015
Published by Elaine Schwartz at October 25, 2015
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The Diner’s Dilemma: Should You Divide the Check Equally With Friends?

Like the tragedy of the commons, splitting a bill among friends at a restaurant involves an individual's marginal benefit and the group's marginal cost.

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October 18, 2015
Published by Elaine Schwartz at October 18, 2015
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Deciding If We Should Be More Like Denmark

While Denmark has universal healthcare, family benefits and pays for college, its social welfare system requires high taxes and other sacrifices.

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October 14, 2015
Weekly Economic News Roundup and Nobel Economics Prize
Published by Elaine Schwartz at October 14, 2015
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A Nobel Message on Health and Wealth

The 2015 winner of the Nobel Memorial Prize in Economics, Angus Deaton studied inequality through health and wealth and micro and macroeconomics.

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October 5, 2015
Published by Elaine Schwartz at October 5, 2015
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The Connection Between Your Credit Score and Your Love Life

Because credit card scores predict trustworthiness and financial distress, they indicate whether a co-habitation relationship will be long lasting.

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October 2, 2015
Published by Elaine Schwartz at October 2, 2015
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The Importance of Accurately Estimating When We Will Die

Retirement savings and income depend on the person's prior income, longevity, the macroeconomic environment, Social Security and other entitlement programs.

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September 30, 2015
Published by Elaine Schwartz at September 30, 2015
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Part 1: Understanding the Student Loan Crisis

The characteristics of the student loan crisis include a high default and delinquency rate, huge amounts of money and a personal and macroeconomic impact.

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September 16, 2015
Published by Elaine Schwartz at September 16, 2015
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Bringing The Martian Down to Earth

For pure enjoyment The Martian is a good read but also it helps us recognize how travel to Mars has and will have positive externalities on earth.

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September 15, 2015
impact of recycling
Published by Elaine Schwartz at September 15, 2015
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Why Doing Good is Not Always Easy

By recognizing the tradeoffs of recycling, preserving endangered species and improving world health, doing good could become more productive.

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