Several principles have emerged from behavioral economics research that have helped economists better understand human economic behavior. From these principles, governments and businesses have ...

Indeed, most behavioral-economics results are based on research that is too preliminary for early college students, who ought to be learning proven insights within the field. For that established ...

thereby predicting and explaining behavior that is not anticipated by standard economic theories. Behavioral science research is diverse and expansive. Behavioral scientists study why humans sometimes ...

Overall, I think the latest research provides compelling evidence showing how financial planning will require a shift in how we frame retirement strategies. By combining behavioral economics ...

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 ...