In so many different ways, ranging from time to money, the James Webb Telescope is about billions of years and dollars.
During the holiday season, our gift giving might have less value than we expect because recipients engage in preference falsification.
For the same economic reason, the supersonic Concorde should have been grounded sooner and we irrationally endure long phone wait times.
More than shopping nudges, e-commerce dark patterns are the deceptive and misleading tricks that pressure us into a purchase.
Replacing the inconsistencies of the current calendar, in finance and production, the 13-month calendar would create positive externalities for businesses.
The behavioral economics ideas from our everyday economics are confirmation, expectations and projection bias, frames, temporal discounting and sunk costs.