Currently browsing "Behavioral Economics"

Presidential Column

Teaching With a Nobel-Prize Winner

I’ve had my share of rewarding classroom experiences, but the one I’ve enjoyed most has been the privilege of team-teaching a course with Nobel prize-winning physicist Ivar Giaever. The course […]... More>

When paying more stops paying off

Member Article

Financial Decision Making and the Aging Brain

Many of the most influential financial decision makers in our society from business to politics happen to be middle-aged. The average age of Fortune 500 chief executive officers and chief financial officers is around the mid-fifties. Historically, the average appointment age of Federal Reserve Chairs and National Economic Council Directors is also in the fifties. ... More>

American Voices: Dan Ariely

The White House Budget: Does It Distort The Science of Choice?

The proposed budget includes a new calculation for the Consumer Price Index, which assumes that consumers will choose lower-cost goods as prices rise. But does behavioral science support this measure? ... More>