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 ...

Economists and psychologists work together to understand how human behavior impacts people's decision-making in the marketplace.

As part of our Marketplace Economic Pulse series, we examine the economy from a range of perspectives. Today, we hear from Clara Mattei, a professor of economics at the University of Tulsa In Oklahoma ...

This is Part 4 of “Skin in the Game,” a special project of “Marketplace Morning Report” that looks at what video games, and the vast industry that surrounds them, can tell us about economics, business ...

SAN RAMON, Calif.--(BUSINESS WIRE)--A new survey commissioned by Reputation, the global leader in reputation performance management, reveals that online reviews have become one of the most influential ...

Emi Moriuchi's research focuses on behavioral science to improve consumer's decision-making processes and well-being. She is interested in how people think and react to specific marketing cues and how ...

“Economics is a study of mankind in the ordinary business of life.” So starts Alfred Marshall’s “Principles of Economics”, a 19th-century textbook that helped create the common language economists ...

New retail sales numbers, inflation, and a pause in rate hikes point to a strong week in the economy. This data shows the economy may be on its way to balancing lowering inflation with maintaining ...

Canadian businesses expect soft sales and little hiring while consumers remain worried about the job market, according to a pair of Bank of Canada surveys that may nudge policy makers toward another ...

• Should I use an algorithm here? EFF's 5-point checklist The post California strips consumer protections against automated decision-making systems appeared first on Boing Boing.