When ranking national healthcare, organizations use statistics that can be misleading because they are based on averages that include irrelevant data.
This week’s economic news summary includes work week tradeoffs in France, new labor laws for the gig economy, and why price tags are disappearing.
Monetary incentives can influence a decision and distort the information we access for our cost and benefit research.
Our economic news summary included climate talks and externalities, “missing women” and Asian marriage markets, seniors’ spending and manufacturing supply.
Thinking of job declines and Chinese imports, it appears that U.S. manufacturing is declining but the facts show that production is up.
The behavioral economics ideas from our everyday economics are confirmation, expectations and projection bias, frames, temporal discounting and sunk costs.
With implications that extend beyond sports, believers in classical economics and in behavioral economics are debating whether players can have streaks.
Our Posts Roundup Sunday 12.07.14 Innovative potato stories…more Monday 12.08.14 The pregnant UPS lady who sued her boss…more Tuesday 12.09.14 Measuring inflation can be tough…more Wednesday 12.10.14 Why Congress creates economic uncertainty…more Thursday 12.11.14 The ways that…
Illustrated through word use and data selection in research, politically liberal and conservative economists display a tendency toward confirmation bias.