Most of us, at some point, have been a victim to the so-called anchoring effect. What is it and what role does it play in your life?

Is morality important in economic decision-making? A philosophical approach on how we should think of our society of "homines oeconomici".

Tolstoy once said that the two most powerful warriors are patience and time. Can they be the greatest warriors of predicting decisions?

Have you ever thought, while watching a sport event and the camera showing the fans of the rival team: ‘Gosh, how can they be such...

In 2019, more than 700 million people still live with extremely low incomes. Half of the world’s children still leave school without...

It is necessary to understand the motives behind an act of giving, in order to differentiate between altruism and egoism.

People often hold the mistaken assumption that independent events are interrelated, and base their decisions on past, irrelevant data.

Sometimes the search for new information can cost more than the benefits gained from it – such as finding a product at a lower price.

We are not fully self-interested beings; instead, we often engage in altruistic acts. But what are our intentions? Click to learn more.

Are we equally to blame for the 2018 Cambridge Analytica scandal? What drives humans to believe in fake news, avoid fact-checking and more.

Often times when we think of economics, the first thing that comes to our mind is utility. Although hedonistic utilitarianism...

Consider the following situations: 1. Imagine that you have decided to see a play where admission is $20 per ticket. As you enter the...

Our brain tends to use mental shortcuts, sparing our 'thinking energy'. But what are these shortcuts and what does this mean for us?

Presenting information accentuating negative or positive aspects can change behavior.

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