Does Public Choice Theory Affect Economic Output?
Thomas Elly2020-10-13T10:36:11-04:00Does Public Choice Theory Affect Economic Output? Both on paper and in real life, there is a solid relationship between ...
How To Address Moral Hazard in Capitalism
Thomas Elly2020-10-07T10:31:12-04:00How To Address Moral Hazard in Capitalism A moral hazard refers to the morally compromising decisions that may or may ...
Understanding How Supply/Demand Equilibrium Affects Market Growth
Thomas Elly2020-09-11T13:53:28-04:00Understanding How Supply/Demand Equilibrium Affects Market Growth "Supply and demand" is one of those phrases that consumers throw around all ...
Covid-19 Effect on Microfinance and the Third-World Economies
Thomas Elly2020-08-04T12:48:09-04:00Covid-19 Effect on Microfinance and the Third-World Economies Since March 2020, the Covid-19 pandemic has come down with a bang ...
Understanding The Economic Model of Human Behavior
Thomas Elly2020-07-06T23:31:33-04:00Understanding The Economic Model of Human Behavior While based on traditional economics, the economic model of human behavior is conceptually ...
How is Behavioral Economics Different From Classical Economics?
Thomas Elly2020-08-05T12:02:57-04:00How is Behavioral Economics Different From Classical Economics? Behavioral and classical economics are two opposite realms in economic modeling, and ...
Explaining The Stock Market Boom During A Pending Recession
Thomas Elly2020-06-19T18:48:04-04:00Explaining The Stock Market Boom During A Pending Recession As the novel coronavirus pandemic swept and continues to sweep its ...
Criticisms of Behavioral Economics
Nikolay Krylovskiy2020-04-12T14:05:34-04:00Criticisms of Behavioral Economics Critics of behavioural economics offer several arguments against the application of behaviour economics to public policy. ...
Paternalism and Public Policy
Nikolay Krylovskiy2020-04-12T19:33:25-04:00Paternalism and Public Policy Problems associated with bounded rationality and bounded self-control have led many behavioural economists to conclude that ...
Bias and Banking
Nikolay Krylovskiy2020-04-14T00:57:38-04:00Bias, Banking and Financial Purchases According to behavioural economists, financial decisions are likely to be subject to decision making bias. ...