Tag: economics

Study looks at how psychology and economics combine to help understand decision-making

From the Carnegie Mellon University press release: Adolescents face many challenging decisions. So, do consumers. A new paper published in the Proceedings of the National Academy of Sciences shows how… Read more »

Information avoidance: From health to politics, people select their own reality

From the Carnegie Mellon University press release: We live in an unprecedented “age of information.” Dieters have access to nutritional information, people at risk of genetic disease can undergo cutting-edge… Read more »

Study suggests people ignore their own moral standards when acting as market participants

From the press release via ScienceDaily: Many people express objections against child labor, exploitation of the workforce or meat production involving cruelty against animals. At the same time, however, people… Read more »