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

Using a statistical modeling technique called latent profile analysis, which can find hidden groups of people based on observed data, we identified five segments of American society. They come from ...

New CalFresh rules cut food aid for many noncitizens, impacting about 57,000 people in Sacramento County and raising concerns ...

The AI megaforce is unmatched in its might, in our view, igniting large and lasting shifts in the long-term profitability ...

A 54-year-old with $14 million in assets struggles to spend on experiences due to scarcity mindset persistence, the behavioral tendency to maintain penny-pinching habits even after wealth accumulation ...

For millennia, the human species grappled with survival. It was neither the strongest nor the most adaptable, yet it endured.

Located in the Jengre Town in Bassa Local Government Area of Plateau State, is a serene farming community known as Kakunka 1 ...

The first EconTalk episode, on March 16, 2006, was with Boston College economist Don Cox on the economics of parenting. Next ...

These Depression-era money habits never actually stopped making sense.

While stocking up on petrol or groceries ‘just in case’ feels sensible, it can quickly lead to shortages. But our individual choices can collectively help too.

Believing the world lacks enough resources for everyone creates a heavy burden to carry through life. Many people operate ...

Thanks to massive government intervention, modern capitalism hardly reflects the free market economy built up by ...