Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Daniel McFadden is an economist. But his new paper, "The New Science of Pleasure," shows the many ways economics fails to explain how we make decisions -- and what it can learn from psychology, ...

The book that made him famous is called "Predictably Irrational," but we think of Dan as 'positively rational.' That's because his life mission is to deploy a rational understanding of our brain's ...

Forbes contributors publish independent expert analyses and insights. I am a physician and behavioral scientist at Duke University. I have just given you $78. (I’m a generous guy.) Now I’m giving you ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Richard Thaler, the University of Chicago professor who infuses the dismal science with a lighthearted but studious measure of our everyday irrational behavior, was awarded the Nobel Prize for ...

For more than three decades, Grover Norquist has been pushing his Taxpayer Protection Pledge as if it’s the answer to every financial headache the nation faces. Last week he told a small Anchorage ...

Richard Thaler, one of the fathers of behavioral economics and a professor at the Booth School of Business at the University of Chicago, has won the 2017 Nobel Memorial Prize in Economic Science.