Futher confirming that economics is everyday life, behavioral economists have explained why we buy tickets when we won’t be lottery winners.
How We Should (Not) Respond to Stock Market Losses
As we experience the pain of stock market losses, making it even worse, behavioral economists tell us we will sell at the wrong time.
How Price “Gouging” Can Help Us
Although price gouging harms countless people after a disaster, its upside is the incentive to increase supply.
Why We Like the Pumpkin Spice Latte
Released at the end of August and available though the fall, the Starbucks Pumpkin Spice Latte is seasonal for a clever reason.
How Fast Food Got Faster
Like we expect drive-thru speed, now, at home too, we will enjoy faster food delivery through a new DoorDash McDonald’s deal.
The Real Reason We Love Girl Scout Cookies
When we look at this year’s Girl Scout cookie economics, what we see is also happening far beyond the world of cookies.
How Fast (Delivery) Became Slow
Looking back as far as the 19th century and as recently as the start of Amazon Prime, we can see how what we call fast delivery has changed.
A (Strawberry) Pop-Tart Tort
Reminding us that labels matter, consumers took Kellogg’s to court because Strawberry Pop-Tarts have more pears and apples than strawberries.
Why Your Stock Ticker Symbol Matters
Much more than a name for trading stock, clever stock ticker symbols can affect how investors feel about companies.
August 2021 Friday’s e-links: Some Economic Psychology
Our August e-links begin with some insight from Daniel Kahneman, the first (and only) psychologist to win the economics Nobel award.
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