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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
Crowding out
Managing the economy

Crowding out

Published on January 25, 2020

The public sector - government spending
Managing the economy

The public sector - government spending

Published on January 25, 2020

Investment
Managing the economy

Investment

Published on January 25, 2020

Savings
Managing the economy

Savings

Published on January 25, 2020

Household spending
Managing the economy

Household spending

Published on January 25, 2020

Aggregate demand
Managing the economy

Aggregate demand

Published on January 25, 2020

The circular flow of income
Managing the economy

The circular flow of income

Published on January 25, 2020

Managing the economy

National income

Published on January 25, 2020

Measuring performance
Managing the economy

Measuring performance

Published on January 25, 2020

Energy price cap
Business economics

Energy price cap

Published on January 20, 2020

Newer Posts
Page 168 of 183
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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