behavioral economics

Results for behavioral economics

More for You is Less for Me. More for Me is...?

{ Source } I think much of our troubles today are being mis-identified as something to do with human nature. When I attempt to have a discussion on economics with the average person, they reveal quite quickly ...

Discussion - Phil42 - Feb 17 2014 - 9:36pm - 2 comments - 0 attachments

A Behavioral Economist's Thanksgiving

From a 2009 article by Erza Klein: For a long time, economists operated under the "rational actor model." Human beings were thought to be rational creatures who correctly weighed costs and benefits and calculated the best choices for ...

Discussion - Adam Taggart - Nov 28 2013 - 2:47pm - 1 comment - 0 attachments