Tag: nobel prize
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Fear from the Lens of Economic Theory
What fears have you overcome and how? Fear can be viewed through the lens of behavioural economics as a deviation from rational decision-making. Let’s consider a common example: the fear of financial uncertainty, particularly when making career or investment decisions. From an economic standpoint, this fear is closely tied to loss aversion, a concept introduced…
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Our idea economists dinner guests
Who would you like to talk to soon? We were recently asked on a podcast: If you could invite five economists to dinner, who would they be? Here’s our dream guest list: Mary Paley – The first woman lecturer in economics in the UK. Her pioneering role deserves recognition not only for her academic contributions…