Behavioral economics combines elements of economics and psychology to understand how and why people behave the way they do in the real world. It differs from neoclassical economics, which assumes that ...

Each year, thousands of companies around the world use the DISC tool to determine if their employees have dominant behavioral style of Dominance, Influence, Steadiness, or Conscientiousness (or some ...

As we pack up the tinsel and throw out the tree, most people’s minds turn to the challenge of making a fresh start in 2023. How can we finally lose weight, stop smoking, or save more money for the ...

During the pandemic, arming the C-suite with employee data was never more critical. Executives needed insights on employee health, well-being and sentiment to make fast decisions since working ...

Prof. Richard Thaler thinks it’s time to update and contextualize a term he helped coin. A Nobel laureate and leading behavioral economist at the University of Chicago, Thaler is the author of Nudge: ...

A classic example of a nudge is making the healthy choices easier to grab in a cafeteria. Maskot via Getty Images These reactions raise a deeper question: What does it mean to call a response ...