By letting machines recommend movies and decide whom to hire, humans are losing their unpredictable nature – and possibly the ability to make everyday judgments, as well.
Often the main differences among plans involve a long list of varying deductibles, co-pays and other out-of-pocket expenses, which can be tough to analyze.
There's a lot of research in consumer behaviour that disputes the notion “more is better”. But it really depends on what type of personality you have.
Freedom of choice is a pillar of Western culture. But can too much of it be a bad thing?
New research on consumer behavior shows that we tend to match some types of choices the people around us make, but not others.
Treasury modelling suggests that limiting negative gearing will lead to small change in prices. But behavioural economics shows it all depends on how the policy is framed.