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Tuesday, November 5, 2024
TopicBehavioural economics

Topic: Behavioural economics

Behavioral economics is biased, and it might not quite know it

The discipline, which marries classical economics with psychology, has quickly become a victim of its own astounding success. Call it the 'bias bias'.

Rahul Bose, 5-star Marriott pricing banana the way it wants is simple behavioural economics

Unless you believe prices should be fixed and want to enjoy the life of shortages it creates, there's nothing wrong with JW Marriott’s arguments.

CEA on ‘virtuous or vicious’ economy, Abhinav Kumar says remove Articles 35A and 370 in J&K

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

‘Nudge’ is the secret behind success of Modi’s pet projects, says Economic Survey

Economic Survey praises Modi govt for using behavioural economics to popularise schemes such as 'Swachh Bharat', says it's needed for more informed policy-making.

Liberals hated the colours of Modi’s new notes but never understood their politics

The currency note was a prop, the ATM queues an exercise in behavioural psychology.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.