Poverty and honesty are not opposites

Does poverty cause lying? An international research team led by behavioral economist Agne Kajackaite from the WZB Berlin Social Science Center, Suparee Boonmanunt (Mahidol University, Bangkok) and Stephan Meier (Columbia ...

Hoarding and herding during the COVID-19 pandemic

Rushing to stock up on toilet paper before it vanished from the supermarket isle, stashing cash under the mattress, purchasing a puppy or perhaps planting a vegetable patch—the COVID-19 pandemic has triggered some interesting ...

Nudging out the coronavirus with behavioral economics

Human behavior is key in any pandemic. So how can a little nudge in the right direction change our behavior for the better? Researcher Nurit Nobel explains the science behind encouraging good behaviors—and how it can help ...

Global study confirms influential theory behind loss aversion

A new global study offers a powerful confirmation of one of the most influential frameworks in all of the behavioral sciences and behavioral economics: prospect theory, which when introduced in 1979, led to a sea change in ...

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