The Online Shopping Nudges We Should Ignore

More than shopping nudges, e-commerce dark patterns are the deceptive and misleading tricks that pressure us into a purchase.

Why a Year Should Have 13 Months

Replacing the inconsistencies of the current calendar, in finance and production, the 13-month calendar would create positive externalities for businesses.

Weekly Roundup: From Hot Hands to Sunk Costs

The behavioral economics ideas from our everyday economics are confirmation, expectations and projection bias, frames, temporal discounting and sunk costs.

The Eurozone Sunk Cost Problem

People and nations might perpetuate a bad investment because they look back at their past sunk costs. Instead they should compare future cost and benefit.

Blockbuster’s Sunk Costs

When is it bad to be good at something? Blockbuster has the answer. As described by New Yorker columnist James Surowiecki, Toys ‘R Us, Barnes & Noble, and Blockbuster were known as “category killers” because they decimated their competition. They…