Discover how economists' assumptions shape economic models, affecting predictions about consumer behavior, resource ...

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 ...

Organizations around the globe are increasingly using insights from the field of behavioral economics to help people make more efficient decisions. Discover how to apply cutting-edge behavioral ...

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 ...

Explore intertemporal equilibrium, an essential economic concept that analyzes how current and future decisions affect economic balance over time for households and firms.

Cognitive flexibility plays a huge role in your decision-making process. It refers to your ability to adapt your thinking and ...

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 ...