A lack of information is an often overlooked but important cause of pollution exposure among low-income households or communities of color, according to University of Michigan researchers.
The researchers say the disproportionate exposure of...
Robert Axelrod, William D. Hamilton Distinguished University Professor Emeritus, recently broke down game theory strategy on the People I (Mostly) Admire podcast with Freakonomics author Steven Levitt. He explains how game theory and the prisoner's...
On October 23, Justin Wolfers was quoted in the NPR Special Serices, “Your Money and Your Life,” discussing savings and investment behavior.In the article, “Why Is It So Hard To Save? U.K. Shows It Doesn't Have To Be,” NPR Correspondent Chris Arnold...
In his most recent column for The New York Times’ Upshot, Justin Wolfers explains how behavioral economics is used to promote government efficiency and effective service delivery.He presents findings from the White House Social and Behavioral...
This symposium takes stock of what we have learned, explores where progress or retrenchment has occurred, and charts paths for future research, product innovation and better policies at all levels. We will be exploring four areas in depth: consumer finance, investment and retirement security, micro-enterprise and small business, and macro financial stability.
Ross School of Business - 6th Floor Colloquium Room
Are decisions that attempt to balance people, planet and profits made rationally? Can they be? Our economic models are built on the ideal that people are maximizers of utility and that we have access to all the information and thus can make necessary choices on a rational basis. Rationality is everything, or is it?How can the decision making of individuals and organizations be influenced and improved?
