Sensitivity in finance determines how an instrument reacts to changes. Explore sensitivity analysis to understand its impact ...
This guide breaks down subscription commerce, including models, pricing strategies, tech stack, fulfillment realities, and retention tactics.
Do generative AI models, particularly large language models (LLMs), exhibit systematic behavioral biases in economic and financial decisions? If so, how can these biases be mitigated? Drawing on the ...
ABSTRACT: This paper deals with three traditional measures of concentration: (Corrado) Gini coefficient, adjusted Gini coefficient, and AUC. These metrics are popular methods in assessing the ...
It is a bit difficult to say what criteria should be used to judge the success or failure of a research initiative on the scale of merging psychology and economics. Two reasonable criteria, at least ...
While retirement and recordkeeping firms manage more than $40 trillion in assets, representing almost one-third of U.S. household financial wealth, a troubling disconnect persists: participant ...
This fall’s Foltyn Seminar brought together a leading expert in behavioral economics and key figures of community programs in Delaware to better understand how individuals make decisions and how those ...
Behavioral economics helps investors understand irrational market behaviors and customer choices. Examples of behavioral economic theories include loss aversion and sunk-cost fallacy. Recognizing ...
The prioritization of market over nonmarket values of nature is a key driver of the global biodiversity crisis. Recognizing nature’s diverse values in decisions is a fundamental lever for ...
Herbert Gintis's research cut to the heart of what scientists must probe in order to understand what kinds of economic arrangements are possible, and which of those arrangements have the potential to ...
Government analysts have long questioned consumers' ability to value fuel economy accurately. But that may be changing as the EPA's proposed repeal of greenhouse gas standards is leading to a ...