Research Summary: We develop a behavioral theory of real options that relaxes the informational and behavioral assumptions underlying applications of financial options theory to real assets. To do so, ...

4/14/2011 - Why do people vote? Why do voters form parties? When do candidates adopt centrist platforms in general elections? Political scientists have debated these questions for generations, based ...

Given that many readers found my claims about the nature of depression controversial (here and here), I thought I would share a somewhat longer articulation of my approach to conceptualizing ...

Behavioral Economics is the application of psychology to the field of economics. It describes the role that psychology plays among consumers, employers, and governments, which then impacts markets and ...