Learn how Nobel Laureate Daniel Kahneman's work in behavioral economics revolutionized the understanding of human ...
As behavioral health shapes productivity and inclusion, Catalight is building sustainable care models fit for the global ...
BERKELEY, Calif.--(BUSINESS WIRE)--Ever since Nobel laureates George Akerlof and Daniel Kahneman created a 1987 UC Berkeley course that broke the rigid barrier between psychology and economics, the ...
Behavioral economics helps investors understand irrational market behaviors and customer choices. Examples of behavioral economic theories include loss aversion and sunk-cost fallacy. Recognizing ...
Do generative AI models, particularly large language models (LLMs), exhibit systematic behavioral biases in economic and financial decisions? If so, how can these biases be mitigated? Drawing on the ...
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Discover the Lucas Wedge, its impact on GDP, and how it depicts lost economic potential due to poor policy. Learn the key ...
A new study is the first analysis of transgender and cisgender economic behavior, and the first to consider whether sex assigned at birth plays a significant part in economic decisions. Gender and sex ...
Behavioral economics provides a framework to understand when and how people make mistakes. The new field of behavioral economics blends insights of psychology and economics, and provides some valuable ...