Currently browsing "Behavioral Economics"

Big Salary Hikes Today Could Lead to a Psychological Fall Tomorrow

Hefty pay raises and commissions today may heighten the pain when business slows down and salaries are frozen, research suggests. ... More>

The Cost of Racial Bias in Economic Decisions

New research suggests that people’s racial biases make them more likely to leave money on the table when a windfall is not split evenly between groups. ... More>

High Earnings Can Hamper Happiness

When legendary economist John Maynard Keynes predicted that by 2030, most people would have to work only 15 hours a week to make a comfortable living, he never factored in […]... More>

Observer Article

Kahneman Honored With Presidential Medal of Freedom

Nobel Laureate and APS Fellow Daniel Kahneman, a pioneer in the field of behavioral economics, will receive the Presidential Medal of Freedom. ... More>

A Seat at the Table

Practically every challenge facing modern society is fueled in part by entrenched behaviors that science can help understand and perhaps change. The federal government is creating a team that will give a broader set of behavioral scientists a seat at the table in policymaking. ... More>