Behavioural Economics
Behavioural Economics News
Why Union Budget 2020 is an opportunity for govt to demonstrate its intent to rebuild economic policy credibility
Union Budget documents show that from FY17 to FY20, capital expenditure allocation went up by 18 percent over four years; revenue expenditure went up by 45 percent in that same period: nearly 2.5 times more
Do we possess our possessions or do they possess us?
Human acquisition of possessions often surpass functionality. With perspectives from psychology and evolutionary biology, an attempt to deconstruct the value of possessions and how our identity is tied to the things we own.
Economics Nobel winner Richard Thaler, known for 'nudge' theory, says he wants to spend prize money irrationally
Awarding the 9 million Swedish crown ($1.1 million) prize, the Royal Swedish Academy of Sciences said: “Richard Thaler’s contributions have built a bridge between the economic and psychological analyses of individual decision-making.”
Nobel Prize in Economics 2017 awarded to Richard H Thaler for studying behavioural sciences
The prize for economics, which is the last of the Nobel prizes to be awarded this year has been awarded to Richard H Thaler for his contributions to economic sciences