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 ...

For roughly two decades, the new science of behavioral economics has been challenging what economists call “rational choice theory.” Rational choice theory described that primate species called Homo ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. As a primer in general economics theory, as a history of 20th century economics studies and evolution, and as an ...

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, ...

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 ...

Recent news from the coal and solar industries suggest that knowledge is power. The recent, near-simultaneous declarations of bankruptcy of the largest coal company in the U.S. and the largest solar ...

Forbes contributors publish independent expert analyses and insights. I write about youth sports under the title: Your Kid's Not Going Pro. From time to time, a particularly wacky sports parent gets ...

Making good decisions is not easy, and making the best possible (“optimal”) decisions is even harder. Instead, humans often use shortcuts and rules of thumb. From firm managers and policymakers to ...