You step into a dimly lit room, the first thing that hits you is the pungent odor, making you slightly nauseous. But your focus is at the center of the room, where a tragic scene is painted before you. The victim’s body is twisted in unnatural angles, signs of their desperate struggle for survival. You […]
Author: Luana Nagamine
“Which is more dangerous, a gun or a swimming pool? What do schoolteachers and sumo wrestlers have in common? How much do parents really matter?”. If these don’t sound like typical questions raised by economists, it’s because they are not. But breaking conventional wisdom by exploring the hidden patterns behind daily life occurrences is exactly […]
“Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism” (2009) is a book written by George A. Akerlof, 2001 Economics Nobel Prize winner, and Robert J. Shiller, Economics professor at Yale. In the book, the authors examine the role of emotions and human psychology in shaping economic decisions and […]
Imagine you are standing in line at a cinema to buy popcorn. As you get to the front of the stand you see that there are three size options: small, medium, and large. You are not too hungry, so you’re thinking of buying the small one. The small costs € 4, the medium € 6.50 […]
The expression “seasonal shopping events” or “SSEs” refers to specialized events, often related to national or religious holidays, in which retailers create shopping opportunities, by offering discounts and promotions, to attract consumers and maximize sales volume. The end of November brings two of the most relevant SSEs, Black Friday and Cyber Monday. Historically, Black Friday […]
An overview of 2023 Economics Nobel Prize winner Claudia Goldin’s research. Name the first 3 famous female economists that come to your mind. Most people would be able to come up with even more examples of male economists, but why is it so hard to think of women economists? The social stigma that defines careers […]