Behavioral economics asks questions about the economic decisions that people make. Do individuals always act in their own best interest when it comes to maximizing utility, efficiency, and value?
Recency (Availability) Bias
Karl Marx: His Books, Theories, and Impact
Conflict Theory Definition, Founder, and Examples
What Is Organizational Behavior (OB), and Why Is It Important?
Explore Behavioral Economics
Rational Choice Theory: What It Is in Economics, With Examples
What Is the Illusory Truth Effect?
Normalcy Bias: How It Could Affect Your Investing
Barriers to Entry: Understanding What Limits Competition
Moral Hazard vs. Morale Hazard: What's the Difference?
Animal Spirits: Meaning, Definition in Finance, and Examples
What Does Tit for Tat Mean, and How Does It Work?
What Is Revealed Preference in Economics, and What Does It Show?
Winner's Curse: Definition, How It Works, Causes, and Example
Rational Behavior: Definition and Example in Economics
Understanding Information Cascades in Financial Markets
Discouraged Worker: Definition, Causes, Vs. Unemployed
Socialism: History, Theory, & Analysis
What Is Middle Class Income? The Latest Numbers Available
What Is a Laissez-Faire Economy, and How Does It Work?
Why Do Supply Shocks Occur and Who Do They Affect?
How Does Deflation Impact Consumers?
What Are the Odds of Scoring a Winning Trade?
Time-Preference Theory of Interest: Overview and History
How the Financial Crisis Affected Millennials
Diffusion of Innovations Theory: Definition and Examples
How Do Supply and Demand Affect the Oil Industry?
Adaptive Market Hypothesis (AMH): Overview, Examples, Criticisms
Belt and Suspenders
Prospect Theory: What It Is and How It Works, With Examples
Evolutionary Economics: Overview, History, Examples
Common-Pool Resource: Definition, How It Works, and Examples
Shadowing: Definition and How It Works, Vs. Interning
What Are the 4 Types of Economic Utility?
Are There Any Exceptions to the Law of Demand in Economics?
What Are Examples of Moral Hazard in the Business World?
War's Influence on Wall Street
How Interest Rates Help Promote Saving and Investing
A Study on the Wealth Effect and the Economy
What Marginal Utility Says About Consumer Choice
Intangible Assets Provide Real Value To Stocks
Consumer Spending: Definition, Measurement, and Importance
Kelly Criterion: Definition, How Formula Works, History, and Goals
House Money Effect: Meaning, Examples and FAQs
How to Read the Michigan Consumer Sentiment Index
Cognitive vs. Emotional Investing Bias: What’s the Difference?
Anchoring in Investing: Overview and Examples
Michigan Consumer Sentiment Index (MCSI): What it Means, Uses
Investment Multiplier: Definition, Example, Formula to Calculate
The Truth About Y2K: What Did and Didn't Happen in the Year 2000
Multinomial Distribution: What it Means, Examples
What Is a Minsky Moment? Definition, Causes, History, and Examples
Black Monday: Definition in Stocks, What Caused It, and Losses
Confirmation Bias: Overview and Types and Impact
What Is the Human Development Index (HDI)?
Herd Instinct: Definition, Stock Market Examples, & How to Avoid
How Game Theory Strategy Improves Decision Making
Understanding the Consumer Confidence Index
Top 4 mistakes that cause futures traders to fail