While aging is inevitable, financial fraud in old age isn't. Elderly individuals in the US alone lose an estimated 3 billion dollars a year to financial scams. Our research offers insights into how we can prevent this troubling reality.
Optimism Is Good For Many Things, But Not Pension Savings
Optimism can keep us going and take us to great heights. But according to behavioral economics, too much of it can be detrimental to our finances
What Can George Costanza Teach Us About Making Better Investment Choices?
Many of us allow emotions to affect our decisions, which in the realm of investment can cause money to be lost and investment portfolios to suffer.
Are You Making Bad Financial Decisions Because of Information Avoidance?
Why don't we use of all the available information, which could help us make important financial decisions?
The Impact of Community Trust on Low-Income Individuals
The poor may lack in material wealth, but they possess social wealth in the shape of their communities upon which they can draw.
Get ’em While They’re Young: Why Children May Be Better Economists Than Economists
In economics, it is most often the thing right under our nose that goes unnoticed.
Charity, Parochialism, and the Inefficiencies of Altruism
Whilst research has focused on altruism and the science of giving, the issue of why we donate our money to the places that we do has been neglected.
Why Road Safety And Bank Queues Are Long-Lost Cousins
Policymakers and private players are cottoning on to the reality that people are often imperfectly rational, and factoring this into policy design.