Regret theory postulates that decision‐makers do not solely evaluate outcomes based on traditional expected utility; they also incorporate the anticipated emotional response resulting from realising ...

While some research suggests frequent trading can be rational, Buffett counters that “the great majority of managers who ...

Putting moral insight back into economics enhances understanding of political outcomes For much of the 20th century, the disciplines of moral psychology and economics were seen as distinct—each ...

Bird flu has led to an egg shortage in the US. This has affected consumer behavior. This situation has led panic buying and significant shortages across the country. Virginia Tech economist Jadrian ...

Prominent economist Mohamed El-Erian warns that the United States’ recent economic behavior is creating instability, not just at home, but across global markets. What Happened: In a column published ...

Coincident indicators move in step with the economy, providing real-time insights into economic activity. Click to read.

Decision theory is a cornerstone of economic analysis, providing a framework for understanding how individuals and institutions make choices under conditions of uncertainty and risk. At its core, the ...