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Bounded Rationality and Behavioral Frictions: Why Simple Digital Tools Outcompete “Built-In” Features

Bounded rationality explains why users choose simple tools like ROI calculators over complex built-in features....
4 min read
Explaining The K-Shaped Economic Recovery from Covid-19
Uncategorized Business economics Managing the economy Market failures

Explaining The K-Shaped Economic Recovery from Covid-19

Published on November 03, 2020

Does Public Choice Theory Affect Economic Output?
Business economics Behavioural economics

Does Public Choice Theory Affect Economic Output?

Published on October 13, 2020

Largest Retail Bankruptcies Caused By 2020 Pandemic
Market failures Business economics Managing the economy

Largest Retail Bankruptcies Caused By 2020 Pandemic

Published on October 13, 2020

Identifying Speculative Bubbles and Its Effect on Markets
Competitive markets Business economics Market failures

Identifying Speculative Bubbles and Its Effect on Markets

Published on October 13, 2020

How to address moral hazard in capitalism
Behavioural economics

How to address moral hazard in capitalism

Published on October 07, 2020

Investing In Bitcoin Is a Lucrative Opportunity… Or Is It? Here Is What Experts Have to Say

Published on October 07, 2020

Alternatives to GDP in Measuring Countries
Managing the economy Global economics Labour markets

Alternatives to GDP in Measuring Countries

Published on October 06, 2020

What a rising PMI means for the global economy
Managing the economy Global economics

What a rising PMI means for the global economy

Published on October 05, 2020

Explaining The Disconnect Between The Economy and The Stock Market
Business economics Managing the economy

Explaining The Disconnect Between The Economy and The Stock Market

Published on October 02, 2020

Guest Posts Welcome

Guest Posts Welcome

Published on September 20, 2020

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When you are shopping online, is the seller using psychological tricks to manipulate you into buying more?

Dark Patterns and the Economics of Consumer Mistakes

Almost all of us have experienced websites using various strategies and gimmicks to urge us to buy more stuff. This is known as the use of dark patterns to take advantage of human psychology. What are the economic ramification of widespread ecommerce use of dark patterns?...
4 min read

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