Saving in the short-term is one important way to prepare for the unexpected. Despite the benefits of doing so, our behavioral biases get in the way.

Is sharing eco-friendly? If fewer people need to buy physical goods in order to derive some specific use from them, fewer resources need to be consumed to create these products, or so it goes. We reached out to Laura Straeter and Jessica Exton, two behavioral scientists at ING, a Dutch bank, to learn more about their research on how the sharing economy may not be as sustainable as we think.

There's something that makes discounts too exciting to ignore. 50% off, buy one get one free, scratch cards, wheel of fortune — what is it about these different mechanisms that make them so irresistible? Learn about how different promotional tactics work and why we are attracted to them from a behavioral perspective.

As Russian oligarchs and Emirs buy up teams in many sports leagues worldwide, a schism is being wedged between teams. Competitive balance, considered a central requirement for the success of leagues, is weakening in many leagues as a result. Behavioral science and results from experiments can shed some light on why leagues may not wish to push for reforms.

Economic downturns impact our behavior in various ways. Yet, some of these behavioral changes may be more advantageous than we may think.

Horoscopes owe more of their tremendous popularity to psychology than astrology. As it turns out, the science behind why horoscopes are so popular can also offer interesting insights for the business world.

Corporate Social Responsibility has become a buzzword for business executives. To remain competitive in this changing economic culture, firms tout their CSR programs, funnelling money into philanthropy, social movements, advertising their new green policies, and emphasizing their commitment to local communities.

The halo effect plays a crucial role in how we perceive people. Through an experiment, we illustrate how the halo effect also impacts the way in which we perceive, judge and make decisions about products and services.

Banning straws may be a good way to reduce our impact on the environment, but it is important to be cautious of the long-term behavioral repercussions.