Ranging from a U.S. cheese glut to Taiwan’s healthcare, our weekly roundup included behavioral economics, fiscal policy and opportunity cost.
When comparing tax evasion among Italians and Swedes, the surprise results show that social norms can influence tax behavior.
Enjoying fruits, vegetables and packaged foods that are optimally fresh, we are sacrificing the chance to minimize food waste and save money.
Seeing at our reaction to small packaging like Coke mini, behavioral economists say we buy more of the “regular” amount if it is perceived as a social norm.
Posts Roundup Sunday 11.01.15 How to be inches away from getting hired…more Monday 11.02.15 Why one-child could be here to stay…more Tuesday 11.03.15 The army food we eat at home…more Wednesday 11.04.15 What a pizza can teach us…more Thursday 11.05.15 The tough part of deciding who…
Our weekly economics news summary included the yuan and foreign exchange, Google and branding, parental leave and incentives, and choosing your own price.
When “pay what you want” is used to determine restaurant prices, it creates incentives for consumers on the demand side that typically eliminates profit.
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
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