Discover how earmarking sets money aside for specific purposes in personal finance, organizations, politics, and more with historical and practical examples.

Counterproductive behaviors often start as small adaptations to pressure. High-pressure environments can shift creativity ...

Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.

The most successful organizations have leaders who understand how to implement strategies in ways that align with how people think, decide and act.

Three new books apply an economist’s lens — and language — to some of our most unruly phenomena, including war and nature ...

ABSTRACT: This paper deals with three traditional measures of concentration: (Corrado) Gini coefficient, adjusted Gini coefficient, and AUC. These metrics are popular methods in assessing the ...

It is a bit difficult to say what criteria should be used to judge the success or failure of a research initiative on the scale of merging psychology and economics. Two reasonable criteria, at least ...

While retirement and recordkeeping firms manage more than $40 trillion in assets, representing almost one-third of U.S. household financial wealth, a troubling disconnect persists: participant ...

Behavioral economics helps investors understand irrational market behaviors and customer choices. Examples of behavioral economic theories include loss aversion and sunk-cost fallacy. Recognizing ...

Herbert Gintis's research cut to the heart of what scientists must probe in order to understand what kinds of economic arrangements are possible, and which of those arrangements have the potential to ...

Government analysts have long questioned consumers' ability to value fuel economy accurately. But that may be changing as the EPA's proposed repeal of greenhouse gas standards is leading to a ...