The Tree of Knowledge System, described in the previous post, posits that there are four fundamental divisions in nature. The first division is between Energy and Matter, the second is between Matter ...

Behavioral Economics is the application of psychology to the field of economics. It describes the role that psychology plays among consumers, employers, and governments, which then impacts markets and ...

Prospect theory [1, 2, 3] has perhaps been one of the most influential theories within psychology and behavioral economics. Daniel Kahneman won the Nobel prize for this work. Prospect theory and ...

4/14/2011 - Why do people vote? Why do voters form parties? When do candidates adopt centrist platforms in general elections? Political scientists have debated these questions for generations, based ...

Research Summary: We develop a behavioral theory of real options that relaxes the informational and behavioral assumptions underlying applications of financial options theory to real assets. To do so, ...

What we eat can have an outsize ill effect on the planet. Food production is believed to contribute anywhere from 20% to 40% of Earth’s greenhouse gas emissions, but animal agriculture is responsible ...

Imagine removing a branch of the U.S. government, say the Supreme Court. What are the myriad ways that such an upheaval might reshape people’s lives? Policy makers and researchers probably would want ...

We don't always behave the way economic models say we will. We don't save enough for retirement. We order dessert when we're supposed to be dieting. We give donations when we could keep our money for ...

Public health practitioners often hear that effective interventions are theory-based and draw from practice and research. However, operationalizing this integration of theory, research, and practice ...