Using "forever" as an excuse for inaction. Long‑term investing doesn’t mean ignoring your portfolio or never revisiting your ...

In 2024, according to the National Science Foundation, 34.2% of newly minted economics Ph.D.s – about 1 in 3 – in the U.S.

Back in the 1980s, a young economist — and future Nobel winner — named Richard Thaler began writing a series of columns that challenged the dominant doctrine of his field. At the time, most of the ...

The long reach of life experience affects real-world economic outcomes, for policymakers and consumers alike On October 29, 1929, the roaring twenties came to a sudden close in the United States. In ...

Dr. Beth Munnich PhD, University of Louisville associate professor of economics, discusses how college courses use Taylor Swift to teach economics. Trump administration looking to sell nearly 200 ...

It is a bit difficult to say what criteria should be used to judge the success or failure of a research initiative on the scale of merging psychology and economics. Two reasonable criteria, at least ...

While retirement and recordkeeping firms manage more than $40 trillion in assets, representing almost one-third of U.S. household financial wealth, a troubling disconnect persists: participant ...

The 2025 Sveriges Riksbank Prize for Economic Sciences in Memory of Alfred Nobel has been awarded to three researchers who have shown how technological and scientific innovation, coupled to market ...

This fall’s Foltyn Seminar brought together a leading expert in behavioral economics and key figures of community programs in Delaware to better understand how individuals make decisions and how those ...

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

Behavioral economics has struggled to simultaneously accommodate two facts: (i) people make mistakes, even on very consequential decisions; and (ii) different people have different preferences. Doing ...