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A Tribute to Daniel Kahneman
APS Fellow Elke Weber offers a special tribute to the Nobel laureate who pioneered the field of behavioral economics.
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We Still Don’t Believe How Much Things Cost
Deodorant was what changed Rob Cooper’s mind about the economy. After paying under $4 for his signature Old Spice Stronger Swagger for a decade, the 49-year-old was shocked last year to see it priced at
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The Year of Practical Thinking
A new year, with its blank calendar pages, usually engenders widespread optimism, a feeling that this time around, things will be different. But this January comes with heavy baggage. After nearly two years of uncertainty
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How to Make Your Financial Life Happier in 2022
Instead of setting an ambitious money goal in the new year, consider some smaller and more cerebral ways to make your financial life happier. This approach is likely to be especially helpful in 2022, after
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Taxing Sugary Drinks Curbs Consumption, But Only When Costs ‘Pop’
Consumer taxes on sugary beverages are meant to curb consumption, but they are effective only when increased costs are salient at the point of purchase, according to new research published in Psychological Science.
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Taxing Sugary Drinks Curbs Consumption, But Only When Costs ‘Pop’
Consumer taxes on sugary beverages are meant to curb consumption, but they are effective only when increased costs are salient at the point of purchase, according to new research published in Psychological Science.