Richard Thaler thinks retail investors shouldn't be trading individual stocks, and such trading is more like entertainment ...

U.S. economists may be barely holding on by their fingernails over the current state of the American economy, but strangely, ...

Behavioral economics pioneer Richard H. Thaler and Alex O. Imas offer a guide to better decision-making when the stakes are high.

Professor Alex Imas explains the behavioral economics that help us understand why people feel differently about climbing ...

Salary negotiations can feel like a tricky game where the right strategy can make all the difference. But what if there was a way to use science to boost your chances? Behavioral economics combines ...

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 ...

SAN FRANCISCO (AP) — Daniel Kahneman, a psychologist who won a Nobel Prize in economics for his insights into how ingrained neurological biases influence decision making, died Wednesday at the age of ...

According to the researchers, an economically rational person would have no reason to leave a tip after the service has already been provided. Why do people tip? A recent study suggests that two main ...

Behavioral economics helps investors understand irrational market behaviors and customer choices. Examples of behavioral economic theories include loss aversion and sunk-cost fallacy. Recognizing ...

What makes us tip? A new study explores two main motives: genuine appreciation for the service and conformity with social ...

(ISRAEL OUT ) Israeli-American psychologist and economist, Daniel Kahneman on Janury 09, 2003 in Jerusalem, Israel. (Photo by Lior Mizrahi/Getty Images) Perhaps the two most influential economics ...