Explained by behavioral economics, a new technological default changed our tipping behavior in restaurants and taxi cabs.
Experimenting with autonomous vehicles, we should be sure to recognize that there could be a massive downside.
For this holiday season, economists tell us that gift giving could say more about the giver than what the recipient wants.
As we start to plan our gift giving for this holiday season, we should remember preference falsification and deadweight loss.
In addition to our behavior at the supermarket and the gas station, inflation has created the incentive to go on cheap dates.
Measured by the money we earn rather than satisfaction, the return on our investment in education can be called the college payoff.
Whether asking about the allocation of beef croquettes or national park reservations, the answers take us to the three economic systems.
Futher confirming that economics is everyday life, behavioral economists have explained why we buy tickets when we won't be lottery winners.
Like many fossil fuel projects, a new East African pipeline is controversial because of the tradeoffs it would create.
Looking at an overview of Europe's economic problems, we can predict the future with considerable uncertainty.












