Human Behavior

Jonathan Haidt deploys insights from moral psychology to help us see ourselves and each other more clearly

Trying to predict the financial future is a fool’s errand, even for a genius

Author Jeremy Lent argues that western conceptual frameworks with roots in the Stone Age push us towards disaster. Time to let them go?

Author Supritha Rajan argues that self-interested competition may be the official line, but it’s far from the whole story

Economics is often thought of as emotion-less, but Daniel Benjamin argues for happiness as a vital indicator

To understand behavior and choice, we need to borrow from not just cognitive science but also sociology.

Asset markets are indispensable in harnessing society’s diverse views and insights about future business performance. But those views are shaped as much by emotion and crowd mentality as by rational expectations.

Asset markets are indispensable in harnessing society’s diverse views and insights about future business performance. But those views are shaped as much by emotion and crowd mentality as by rational expectations.

Xavier Gabaix argues that public policies should prioritize alleviating deprivation at the bottom over narrowing the rich-poor gap 

If standard economic theory can’t explain a traffic jam, how can it cope with crises?

In recent decades, market values have crowded out non- market norms in almost every aspect of life—medicine, education, government, law, art, sports, even family life and personal relations. Without quite realizing it, we have drifted from having a market economy to being a market society. Is this where we want to be?

A transition from the conventional policy of “redistributing income” to “redistributing membership”, could promote economic integration across communities and intergenerational mobility.

How much does the standard theory of externalities and public goods really say?

The human brain relies on three devices for its decisions: emotion controls; addictive learning; and intellectual processing. Understanding the conditions under which the three devices are engaged is essential for conscious decision-making.