Thanksgiving Top Ten List for 2018

Looking at our holiday meal through a turkey top ten list, you can see how Thanksgiving economics is about so much more than money.

Do We Care About Calorie Labels?

With the arrival of mandatory calorie labels at large establishments and soon at smaller ones, we can ask if their impact is predictable.

Where Are Women and Men Most Different?

How much patience you display could affect your economic decisions. So too could your preference for risk and your altruism. Add to that positive and negative reciprocity and trust and you get a new metric, the Global Preferences Survey (GPS).…

How Uber Should Apologize for a Delay

Because a firm like Uber loses revenue from unhappy riders who had delayed arrivals, we could say we are looking at apology economics.

Economics and the Honor System

When we pay through an honor system, retailers depend on our economic honesty while researchers are trying to understand it.

When Money Is Not the Best Incentive

Because a fine is supposed to be a deterrent, six Israeli day-care centers were surprised when their late pickup fee had unintended consequences.

Why We Suffer From FOMO

With social media telling us everything our friends are doing and much more, many of us experience FOMO (Fear Of Missing Out).

Who Will Care About the Starbucks Price Hike?

When coffee drinkers hear that some prices at Starbucks will rise, their response will depend how how elastic their demand is.

Do Mandatory Calorie Labels Matter?

Although mandatory calorie count labels have become the law of the land, their impact on firms and consumers is still unpredictable.

The Job Titles That Should Be Gender Neutral

Recognizing the importance of becoming gender neutral, groups that range from Nantucket’s Selectmen to the U.S. Marines are changing job titles.