In his New York Times bestselling book Moneyball, Michael Lewis tells the story of Billy Beane, the general manager of the Oakland A’s, and how, despite having half the budget of some of the ...

Forbes contributors publish independent expert analyses and insights. Tim Maurer covers how personal finance is more personal than finance. May 05, 2024, 07:00am EDT Sunk cost, opportunity cost, and ...

Homo economicus is a financial term that refers to the belief that a human is a rational person who makes economic decisions ...

Investing in the financial markets is a complex endeavor influenced not only by economic factors and market dynamics but also by human behavior. Traditional finance theory assumes that investors make ...

A recent article in Bloomberg describes how mathematical models behind modern economic theory (and, by extension behavioral economics) are being disputed and contested by a new perspective.

In This Episode, You’ll Hear... In This Episode, You’ll Hear... You can listen to this and other episodes of the Big Picture in Practice podcast by Morningstar on all major streaming platforms. You ...

Discover how economists' assumptions shape economic models, affecting predictions about consumer behavior, resource ...

For the last few decades, behavioral economics has endeavored to identify the biases that impact our choices, as well as the “nudges” to help improve our decision-making and behavior. As those ...

Buying a home is a high-stakes game, often with hundreds of thousands of dollars on the line. Making a wrong decision can lead to foreclosure and bankruptcy; making the right decision can generate ...

A new theory of economic decision-making offers an explanation as to why humans, in general, make decisions that are simply adequate, not optimal. A new theory of economic decision-making from Mina ...

Registration is now open! Please visit the registration tab for more information. Welcome to the BDRM Conference at Harvard University! Harvard Business School is pleased to host the 2018 BDRM ...