Economic models often give people credit for being what may seem at a glance an unexceptional thing: fully rational beings pursuing our own self-interest. But as psychologists, such as 2002 Nobel ...

One of those pioneers was Richard Thaler, who noted down some of these “anomalies” in a column in the 1980s, which was turned ...

Haruki Murakami Limited Edition Funding Success and New Literary Releases... A Complex Bestselling Landscape Reflecting ...

Here are some of my favorite surprising studies. What do they have in common? People are more likely to buy jam when they’re presented with six flavors than 24. After inspecting a house, real estate ...

The “positive psychology” field has been around for decades, but in the past several years, thanks to some notable research, we recognize its profound impact on society. What scientists of the ...

Over the last 10 years, Behavioral Economics (BE) has become increasingly popular (see Google Trends chart below). According to BE, people’s economic decisions are often less guided by stable ...

The old issue of the relationship between economics and psychology has resurfaced recently mainly because of the rise of behavioral economics. The bulk of this literature deals with the relation ...

Daniel Kahneman is the Eugene Higgins Professor of Psychology and professor of public affairs in the Woodrow Wilson School of Public and International Affairs at Princeton University. He holds a BA in ...

Economic uncertainty, like we are living through right now, can make regular purchasing decisions challenging. Even more so decisions around big life moments, like changing your job, buying a house or ...

IF it were necessary to classify Miss Hoyt's “Primitive Trade” as anthropological, economic, social, or psychological science, it would be difficult to assign it to its proper category, for it belongs ...