I know this is not one of our typical posts about behavioral economics, but we wanted to address a key concept we feel has been getting...

Introduction: In the realm of economics, the pursuit of happiness has traditionally been overshadowed by metrics such as GDP and income...

In the realm of economic policy, few concepts have been as pervasive and controversial as "trickle-down" economics. This theory, often...

In the realm of decision-making, the human mind is a complex and often unpredictable entity. Despite our best efforts to make rational...

Throughout the course of human history, individuals have relied upon various cognitive biases to aid in their decision-making processes...

Humans are very bad at figuring out how correlated two variables are. A correlation between variables does not automatically mean that...

Risk aversion, risk seeking, and loss aversion are part of behavioral economics and all show how our behaviors can deviate from...

What is the Utility of Money? Money is undoubtedly the biggest driving factor for the happiness and motives of most humans. When an...

Omission bias is an essential part of behavioral economics. It is a very important natural tendency that individuals have that can lead...