The New Tax Plan - Through the Lens of Behavioral Economics

Mass Murder and the Stories We Tell

How could the FBI and other governmental authorities have ignored all of the warnings?  What kind of anger could prompt a teenager to want to kill former classmates and teachers?  Why would someone of just high school age be allowed to buy a gun?  Why did the school’s resource officer fail to enter the building and confront the killer?  What are the life stories of the unfortunate students and teachers who fell victim to the murderer’s bullets?  And how can we understand the special pain of

How a Behavioral Economist Makes Baseball Predictions

Now that the baseball trading deadline has passed, many fans are already thinking about next season.  Behavioral economists may or may not be particularly interested in baseball, or any other sport for that matter.  They are, however, obsessed with the result of any human endeavor, from success and/or failure at picking stocks to success and/or failure on the playing field.  The so called experts find multiple and sophisticated reasons why someone, something or some team performs incredibly well

Understand Fake News and Make Better Business Decisions

Can business leaders learn anything from today’s political discourse, a discourse that has come to be dominated by claims and counterclaims of fake news? We don’t just disagree on policy; we don’t even agree on the facts and empirical evidence that should, in theory, guide policy.  One would think that businesses, with clear minded focus on the bottom line, would be much more capable of sorting out truth from fiction in their decision