Currently browsing "Behavioral Economics"

The Kryptonite of Smart Decisions? Overconfidence

A common human bias towards overconfidence on easy tasks may help explain why entrepreneurs make bad decisions when opening new businesses. ... More>


The Rich Can Learn From the Poor About How to Be Frugal


How Winning Leads to Cheating


Getting to Yes Is Easier Than Saying No

Using specific language to frame a negotiation can make it much more difficult for people to walk away from a deal – even a bad one. ... More>