We introduce interesting papers on human behavior and decision-making from the fields of behavioral economics and psychology.

Heuristic decision making and cognitive judgments constitute a field exploring how individuals employ simplified mental strategies to navigate complex choices under uncertainty. Rather than ...

As people living in a capitalist society, we tend to think that 'living rationally' is the smartest way to live, and that an 'optimized' life is the shortcut to success.The fact that consulting and da ...

In the study of economics, rational decision-makers attempted to optimize outcomes in light of constraints, whether resource, labor, capital, or entrepreneurship. Life often presents complicated ...

Behavioral economics studies how psychological tendencies influence economic decisions and outcomes. Concepts such as loss aversion and bounded rationality explain why people evaluate outcomes ...