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 ...

where the research was explained in relatable and understandable ways. The program encompassed the perfect ratios of charm, humor, and earnestness and inspired me to dig deeper into the material of ...

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 ...

By combining behavioral economics, AI-driven modeling and insurance-backed solutions, financial professionals can help investors move past common biases and toward stronger, more stable retirement ...

Experimental economics utilizes lab and natural experiments to investigate decision-making and motivations for observed behavior. After and overview of the method, the course will explore several ...

For more than a century, UChicago scholars’ groundbreaking theories have redefined the field of economics—from Milton ... s founding of the field of behavioral economics. Today, UChicago economists’ ...