Behavioral economics asks questions about the economic decisions that people make. Do individuals always act in their own best interest when it comes to maximizing utility, efficiency, and value?
Karl Marx
Karl Marx: His Books, Theories, and Impact
Conflict Theory
Conflict Theory Definition, Founder, and Examples
Organizational Behavior
Organizational Behavior (OB): What It Is and Why It Matte𒐪rs
Rational Choice Theory
What Is Rational Choice Theory?
Two older women look at smartphone
Illusory Truth Effect: What It Is, Why It𝓀♛ Happens, How to Avoid It
Woman lying on a bed, looking at a laptop computer.
Normalcy Bias: How It Could Affect Your Investing
Barriers to Entry:🦂 Understanding What Limits Competition
Man dangling out of loft hatch with one foot touching step ladder
Moral Hazard vs. Morale Hazard: What's the Difference?
Detail of a Golden Bull Breaking Through the Finance Section of a Newspaper
Animal Spirits: Meaning, Definition in Finance, a𓆏nd Examples
Business people hold paper jigsaw puzzle and solving puzzle together
What Does Tit for Tat Mean, and How Does It Work?
Revealed Preference: A theory that you can determine what consumers' preferences are by observing what they buy under a range of different circumstances.
Reꦬvealed Preference in 🐷Economics: What Does It Show?
Cropped Hand Holding Gavel Against People During Auction
Winner's Curse: Definition, How It Works, Causes, and Example
Midsection of Businessman Using Calculator and Laptop at Desk
Rational Behav🦄ior: D💛efinition and Example in Economics
Financial pundit Jim Cramer
Understand🦩ing Informatio꧟n Cascades in Financial Markets
Frustrated Young Man with Laptop, Sitting on the Floor
Discouraged 💃Worker: Definition, Causes, vs. Unemployed
Socialism
𒅌Socialism: History, Theory, Analysis, and Examples of✤ Socialist Countries
A hand holds a poster sign that reads "SAVE THE MIDDLE CLASS" in black marker on yellow paper in the middle of a crowd.
What Is Middle Cl💮ass Income? Thไresholds, Is It Shrinking?
Businessman in a suit standing outside a building looks outward with a tablet in his hand
What Is a Laissez-Faire Ec🃏onomy, and How Does It Work?
couple managing finance and investment online, analyzing stock market trades with mobile app on smartphone
Why Do Supply 🌳Shocks Occur and Who Do They Affect?
How Does Deflation Impact Consumers?
Clock
Time-P🐼reference Theory of Interest: Overview and History
Man’s hand with image of AI in palm
Internet Bubble: What It Means and How It Works
Diffusion of Innovations Theory: How new technological and other advancements spread throughout societies and cultures.
Diffusion of Innovations Theory♋: Defini🎀tion and Examples
Oil platform at sea at the northern lights background. Oil production in the north - stock photo
How Do Supply and Demand Affect the Oil Industry?
Adaptive 👍Market Hypothesis (AMH): Overview, Examples, Criticism🥃s
Beඣlt and Suspenders: What it Means, How it Works, Example
Prospect Theory: The idea that investors place more weight on perceived gains than perceived losses.
Prospect Theory:🙈 What It Is a๊nd How It Works, With Examples
Evolutionary Economics: Overview, History, Ex𒆙amples
Financial Accelerator: What it is, History
Cꦿommon-Pool Resource: Definition, How It Works, an꧂d Examples
A hand holding an Apple Watch with the startup graphic on the screen.
Market Ov🔯erhang: What it♔ Means, How it Works, Example
Successful African business team at a meeting
Shadowing𓄧: Definition and How It Works, Vs. Interning
Close up Hands of Businessman Working With Business Document and Laptop on the Table
Intraday Return: What it Means, How it Works
Woman drinking coffee and using mobile phone in front of the office
What Are the 4 Types of Economic Utility?
Bioeconomics: What it is, How it Works, Example
Are There Any Exce༒ptions𝐆 to the Law of Demand in Economics?
Two people skydiving at sunset
What Are Examples of Moraಞl🤪 Hazard in the Business World?
War's Influence on Wall Street
Couple Saving Money
How Interest Ratཧes Help Promote Savi🗹ng and Investing
Home Equity
A Study on the Wealth Effect and the Economy
Woman using a credit card reader to pay at a coffee shop counter
What Marginal Utility Says About Consumer Choice
How Intangible Assets Provide Value to Stocks
A man with money flying out of his wallet
Consumer Spඣending: Definition, Measurement, and Importance
What Is the Kelly Criterion?
Businesswoman working in an office with a laptop on her desk, overlaid with financial bar graph
House Money Effect: Meaning, Examples and FAQs
How to Read the Michigan Consumer Sentiment Index
Cognitive vs. Emotio📖nal Invꦅesting Bias: What’s the Difference?
Anchoring
Anchoring in Investing: Overview and Examples
New York Stock exchange and the street in front of it
False Market: Meaning, Causes, Example
Save to Board Businesswoman Filling Survey Form On Mobile Phone
Michigan Consumer Sentime⛦nt Index (MCSI): 🐈What it Means, Uses
Investment Multiplier: The stimulative effects of public or private investments on the economy.
Investment Multiplier: Defin🤡ition, Exꦑample, Formula to Calculate
Y2K: Shorthand for "the year 2000."
The Truth About Y2K: What Did and Didn't Happen in the Year 2000
Stock Chart With Fibonacci Retracement Indicator in Monitor Investment Concept
Multinomial Distribution: What It Means and Example🦂s
Minsky Moment: A sudden collapse of asset prices following a prolonged period of economic prosperity that led investors to lose sight of risk.
What Is a Minsky Moment? Definition, Causes, Histo🦩ry, and Examples
Black Monday: Definition in Stocks, Wh✤at C✨aused It, and Losses
Office Building
Confirmation Bias: Overview and Types and Impact
Human Development Index (HDI)
What Is the Human Development Index (HDI)?
Herd Instinct: Defi𒁃nition, St꧟ock Market Examples, & How to Avoid
White business man in an office facing a computer with a chess board in front of him.
How Game Theory Strategy Improves Decision-Making
Midsection Of Woman Holding Shopping Bags
Understanding the Consumer Confidence Index