When I was a teenager, I learned something important about human behavior just by listening to Cubs baseball games on the radio. I learned that the pain of losing tends to be greater than the pleasure ...

Nobel Prize laureate Richard Thaler is a rockstar in the world of economics. His book Nudge introduced many of us to the field of behavioral... Nudge Vs Shove: A Conversation With Richard Thaler ...

“Behavioral economics is just economists stealing from psychology,” Thaler joked. He went on to explain that one way behavioral economics is distinctive is that is operates in the context of markets.

Sunstein’s work on behavioral economics found its ideal patron in President Obama, and not simply because the two men knew each other from their days teaching at the University of Chicago. For a ...

Big data and the Internet of Things offer broad opportunities for improving government. Using sensor technology to gather data from utility meters, street lights, transit vehicles and other assets, ...

The field of behavioral economics has brought attention to promising ways of motivating people to make better life choices. Many behavioral economic-inspired interventions are relatively hands off -- ...

Behavioral economics uses an understanding of human psychology to account for why people deviate from rational action when they’re making decisions. In the model of rational action assumed by ...

An admitted student pays a deposit to hold a spot in a college’s incoming class, but then never shows up on the campus. Enrollment managers encounter that phenomenon often enough to have given it a ...

The year 2017 may turn out to be when behavioral economics entered the mainstream after a leading practitioner in the field won a Nobel prize for his work. Behavioral economics is the study of how ...