Posts Tagged ‘behavioral economics’

  • Amazon Prime and Delayed Gratification

    Nov 9, 12 • 299 Views • No Comments

    Would you rather pay $79.00 or $95.88 for the same service? Amazon just figured out how to get the $95.88 from some people. People who sign up for Amazon Prime get “free” (but we know there is no such thing as “free”) 2 day shipping, access to kindle...  [read more]

  • Monkeys, Economics and Happiness

    Sep 7, 12 • 222 Views • 1 Comment

    Behavioral economists might be able to explain our response to income inequality. In a paper on money and happiness, economist Richard Easterlin initially asks the reader how she feels if her income rises. Then he asks how she reacts when it stays the same....  [read more]

  • cars

    Everyone Hates Free Parking

    Mar 6, 12 • 252 Views • No Comments

    By Mira Korber, guest blogger. Last Friday evening, two unexpected things happened at the highly attended Palm Beach International Equestrian Center (PBIEC) “Nations Cup” event. 1. I saw Donald Trump in the flesh — he’s very tall...  [read more]

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    Altitude and Attitude

    Apr 1, 11 • 224 Views • No Comments

    A recent article in Scientific American cited a correlation between altitude and attitude. Describing four different experiments, researchers concluded that physical elevation seemed to connect to generosity, kindness, and cooperation. This is what they...  [read more]

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    Monkeynomics

    Aug 9, 10 • 288 Views • No Comments

    Watching capuchin monkeys, we can learn about the financial crisis. In a July TED talk, Yale’s Laurie Santos describes the marketplace she created for the monkeys she was observing. Santos’s goal was to determine whether the mistakes we repeat are...  [read more]