Clinicians who engage patients and family members in shared decision-making know that people don’t always make healthcare decisions based on what is rational. The irrationality of healthcare decisions ...

Please provide your email address to receive an email when new articles are posted on . Investing in the financial markets is a complex endeavor influenced not only by economic factors and market ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Overview: Behavioral science explains how people think and make decisions in real-world situations, highlighting the gap between rational assumptions and ...

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 ...

As the column’s name suggests, Thaler set out to challenge standard economic thinking by testing economic anomalies—in other words, what happens when our irrational, some might say human, selves are ...

The field of health economics is rapidly evolving as technological innovation and economic complexity reshape how individuals approach health-related ...

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 ...

Universities play a central role in shaping behavioral science through research training, institutional recognition, and ...

Despite the fact that acquiring and spending money is one of the most central features of modern life, as a discipline psychology more or less completely neglects the topic of money and markets. Leaf ...

Economics is a branch of social science focused on the production, distribution, and consumption of goods and services.