Financial Decision Making

Some of the most urgent issues that American society faces today — including obesity, consumer debt, risk of terrorism, and climate change — are fundamentally influenced by decision making and behavior at both the individual and institutional levels. Despite this, policymakers have only recently begun to capitalize on insights from More

Particular personality traits may have a powerful influence on a country’s economic outlook, according to new research. Across three studies, University of Toronto psychological scientist Jacob Hirsh found that populations that tend to have higher levels of extraversion are less likely to save for the future. Hirsh argues that understanding More