October 12, 2015
The complexities of the minimum wage debate involve different incentives for employers and employees and different minimum wages in the U.S.
October 11, 2015
Brand loyalty, preferring aspartame in Diet Pepsi and Coca-Cola's original recipe can be explained by ideas from behavioral economics like status quo bias.
October 9, 2015
Whereas immigration can result in more workers, their impact on wages can be neutral because those immigrants create more demand which leads to more jobs.
October 7, 2015
Illustrated by the impact of cheap oil, the natural resource curse hits countries that have disproportionately focused economic activity on one industry.
October 6, 2015
Disney is considering dynamic pricing to spread attendance and diminish lines. Restaurants, airlines, hotels and others with pricing power also vary price.
October 5, 2015
Because credit card scores predict trustworthiness and financial distress, they indicate whether a co-habitation relationship will be long lasting.
October 4, 2015
Instead of command and control, a reverse auction or a Coasian solution would provide better ways to manage overbooked flights and bumped passengers.
October 2, 2015
Retirement savings and income depend on the person's prior income, longevity, the macroeconomic environment, Social Security and other entitlement programs.
September 30, 2015
The characteristics of the student loan crisis include a high default and delinquency rate, huge amounts of money and a personal and macroeconomic impact.
September 28, 2015
A government Nudge Squad that compensates for our irrational behavior is dealing with policy makers with the same behavioral economics irrationalities.
September 27, 2015
Praised by some for its disease classification detail, others believe ICD-10 will create massive transaction costs for healthcare providers.
September 24, 2015
Eggs prices have been rising due to California's poultry cage mandate, the drought, the avian flu and now, more demand from McDonald's.