When survival over generations is the end game, researchers say it makes sense to undervalue long shots that could be profitable and overestimate the likelihood of rare bad outcomes. Making decisions ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a former professor of economics and senior adviser at the Bank of England. Today’s Economics ...

Incentives are part of our daily life and can affect everything from what we eat to how we parent our children to how we perform at work. Many everyday incentive behavior is rooted in economic ...

The latest winner of the Nobel Prize in Economic Sciences is Professor Paul Romer. He achieved this prestigious accolade for his work on endogenous growth theory Professor Paul Romer's theory ...

Since 2001, I have been developing a new framework and theory--psychology of working--which represents an innovative way of understanding and intervening in the work lives of everyone who work and who ...

At the end of July, shortly after Kamala Harris became the Democratic candidate for President, The Economist described her father, Donald Harris, an emeritus professor of economics at Stanford with ...