A new theory of economic decision-making offers an explanation as to why humans, in general, make decisions that are simply adequate, not optimal. A new theory of economic decision-making from Mina ...
A new theory of economic decision-making from Mina Mahmoudi, a lecturer in the Department of Economics at Rensselaer Polytechnic Institute, offers an explanation as to why humans, in general, make ...
Introduction: Moving Beyond Predictive Accuracy Prediction has been traditionally the backbone of applied data science. From ...
Discover the Lucas Wedge, its impact on GDP, and how it depicts lost economic potential due to poor policy. Learn the key ...
Behavioral Economics—an eight-week virtual program that blends self-paced online modules with live-online sessions led by Chicago Booth faculty—helps executives make more effective decisions. Discover ...
We’re all guilty of putting off that big decision because our brains can’t stop focusing on potential negative outcomes.
At the start of 2025, the global economy is on the brink of massive change. By some estimates, there is an $80 trillion demand for long-term capital to fund a transformation on par with the Industrial ...
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Information is key to economic decision-making
In modern economies, which are characterised by complexity and continuous change, information plays a vital role in resource allocation and price developments. Analysts and professionals base their ...
TROY, N.Y. — A new theory of economic decision-making from Mina Mahmoudi, a lecturer in the Department of Economics at Rensselaer Polytechnic Institute, offers an explanation as to why humans, in ...
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