How Chocolate Chip Cookies Explain Why We Save Less

Explained by behavioral economics, we save relatively little for retirement because of intertemporal selfishness and seeing our future selves as strangers.

Dynamic Pricing: How To Lower Your Electric Bill

As monopolies, electric utilities have the pricing power that lets them offer dynamic pricing through smart meters but supply and demand will change slowly.

The Reason For An Income Tax Default (Form)

In Denmark, the government automatically prepares people’s taxes. Because they already have the data they need, the tax authority calculates everyone’s income taxes and sends them notice of how much they owe or will receive as a refund. With 80%…