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Learn With Elaine: Impulse Buying

Staying at home during the pandemic, we have shifted our impulse buying from the supermarket to our online shopping cart.

Weekly economic news roundup and COVD-19 impact
What's Trending
What We Did Right During the 1918-1919 Pandemic

Formulating coronavirus policy, politicians and physicians can look at the successful non-pharmaceutical interventions during the 1918-1918 pandemic.

Weekly economic news roundup and salad bar economics
Economic Ideas
What an Economist Would Buy at the Salad Bar

We could say that we are looking at salad bar economics when we compare the price per pound at the salad bar to the produce aisle.

Economic Ideas
What We Are Willing to Do For Money

Monetary incentives can influence a decision and distort the information we access for our cost and benefit research.

The econlife.com Weekly Roundup
Weekly Roundup
Weekly Roundup: From More Money to Fewer Restrooms

Our everyday economics includes scarcity, tradeoffs, cost, sustainability, hyperinflation, gender issues, externalities, African development, human capital.

produce shortage
Business
Less Choice Fatigue at Whole Foods

With Whole Foods ranking produce as unrated, good, better, best, they are simplifying shoppers’ decision making and minimizing choice fatigue.

Everyday economics for too many decisions
What's Trending
How McDonald’s Creates Choice Fatigue

Default or shortcut options become more attractive when decision making takes too much energy because of choice fatigue.

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