Psychology influences markets, research confirms

When it comes to economics versus psychology, score one for psychology. Economists argue that markets usually reflect rational behavior—that is, the dominant players in a market, such as the hedge-fund managers who make ...

Simplified solutions to deforestation ineffective in the long run

Deforestation is the second largest source of CO2 emissions after consumption of fossil fuels. So-called PES programmes, where landowners are paid to replant or protect forests, have been promoted as a way to reduce deforestation. ...

A practitioner's guide to nudging

A new guide from a team of behaviour economists at the University of Toronto's Rotman School of Management aims to help practitioners develop effective "nudges".

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