How your behavior affects your financial health, and learn ways to improve it for better finances by understanding behavioral ...

Regret theory postulates that decision‐makers do not solely evaluate outcomes based on traditional expected utility; they also incorporate the anticipated emotional response resulting from realising ...

Behavioral economists recognize that we are all subject to the cognitive biases they have observed and studied in laboratory experiments. Yet the leading behavioral economists exhibit far more ...

One of my enduring memories of reading Richard Thaler and Cass Sunstein’s highly influential book Nudge (2008) was its reflections on an unlikely subject of academic literature: Homer Simpson. Thaler ...

Daniel Kahneman, who understood that not all economic decision-making is strictly rational, has died at the age of 90. His research, which focused on the ways human psychology can warp rational ...

A new report from the National Academies of Sciences, Engineering, and Medicine calls for increased collaboration between behavioral economists and policymakers and examines the future research ...

NEW YORK -- Have you ever spent $4 on gasoline driving to a warehouse store to save $3 on paper towels? Or bought an expensive service contract for an appliance that would be cheap to replace and ...

This weekend saw the publication by Joe Weinman, coiner of the term "Cloudonomics," of a blog post called "Lazy, Hazy, Crazy: The 10 Laws of Behavioral Cloudonomics". Joe has published a great deal ...