“There’s no divorce between marriage and economics,” Professor Pablo Peña said in a virtual presentation organized by the Chicago Economics Forum. And yes, the pun was intentional. The economics of ...
Numerous factors can influence the utility a consumer derives from a good or service: Personal Preferences: Individual tastes ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. In economics, demand is the consumer's ...
Adam Davidson profiles the small business owners of the Greenwich Village neighborhood where we both grew up, and finds that many of them are still plugging away even though it would have been more ...
The Southern Economic Journal features original, refereed scholarly articles in all areas of economics as well as contributions on the pedagogy of economics. The journal also contains occasional ...
Mainstream economics has long struggled to model ethical behaviour, including what is perhaps its simplest type, altruism. The standard assumption of homo economicus, an agent who maximizes his ...
Elementary economics tells us that a good decision is to maximize utility. Utility refers to how desirable a task or choice is for an individual. Maximizers are people who strive to get the very best ...
The American Economic Review is a general-interest economics journal. Established in 1911, the AER is among the nation's oldest and most respected scholarly journals in the economics profession and is ...