Recency (Availability) Bias
Game Theory: Definition, Role in Economics, and Examples
Karl Marx: His Books, Theories, and Impact
Conflict Theory Definition, Founder, and Examples
What Is Organizational Behavior (OB)?
Explore Behavioral Economics
Rational Choice Theory: What It Is in Economics, With Examples
Moral Hazard vs. Morale Hazard: What's the Difference?
Don't Let Your Animal Spirits Influence Your Important Decisions
Tit for Tat
Revealed Preference Definition
All You Need to Know About the Winner's Curse
Rational Behavior Definition
Understanding Information Cascades in Financial Markets
Socialism: History, Theory, & Analysis
What Is Middle Class Income? The Latest Numbers Available
What Does Laissez-Faire Mean?
How the Financial Crisis Affected Millennials
Prospect Theory: What It Is and How It Works, With Examples
What Are the Four Types of Economic Utility?
What Is Bioeconomics?
What Are Examples of Moral Hazard in the Business World?
Consumer Spending Definition
Cognitive vs. Emotional Investing Bias: What’s the Difference?
Michigan Consumer Sentiment Index (MCSI)
What Does “Investment Multiplier” Mean?
Black Monday: History, Causes, and Aftermath
What Is the Human Development Index (HDI)?
How Game Theory Strategy Improves Decision Making
Understanding the Consumer Confidence Index
Top 4 mistakes that cause futures traders to fail
The Wealth Effect Definition
What Is the Bandwagon Effect?
What Is Self-Interest?
How Did Moral Hazard Contribute to the 2008 Financial Crisis?
The Top 3 Financial Centers in the World
Anchoring and Adjustment Definition
Which factors drive the marginal propensity to consume?
Gambler's Fallacy Definition
Wisdom of Crowds Definition
New Growth Theory Definition
Marginal Propensity to Consume vs. to Save: Knowing the Difference
Peer-to-Peer (P2P) Service Definition
What the Market Open Tells You
Income Effect vs. Price Effect: What’s the Difference?
How to Master the Art of Negotiation
Adopter Categories Definition
5 Worthwhile, Inexpensive Christmas Destinations
Intertemporal Choice Definition
Consumer Sentiment Definition
Mental Accounting Definition
The Importance Of Millennial Consumers
Endowment Effect Definition
What Does "Stump the Chump" Mean?
Relativity Trap Definition
If a particular good's price elasticity is high, does this mean the supplier should increase the supply, decrease it, or keep it constant?
Money Illusion Definition
Base Rate Fallacy
What Is the Einhorn Effect?
Loss Aversion Definition
What Is the Fear and Greed Index?
Consumer Confidence: A Killer Statistic