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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
'New' growth theory
Global economics

'New' growth theory

Published on January 27, 2020

New Classical Theory
Global economics

New Classical Theory

Published on January 27, 2020

Dependency theory
Global economics

Dependency theory

Published on January 27, 2020

Structural change theory
Global economics

Structural change theory

Published on January 27, 2020

Linear growth theories
Global economics

Linear growth theories

Published on January 27, 2020

PPP
Global economics

PPP

Published on January 27, 2020

MEW
Global economics

MEW

Published on January 27, 2020

Economic development
Global economics

Economic development

Published on January 27, 2020

Trade_with_the_EU
Global economics

Trade_with_the_EU

Published on January 27, 2020

Competitiveness
Global economics

Competitiveness

Published on January 27, 2020

Newer Posts
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Older Posts
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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