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behavioral economics

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Aug 26

Can cash incentives reduce deforestation in rural Uganda?

By Making Sen$e Editor

A pilot program, which paid households in 60 villages to refrain from cutting down trees, put a significant dent in the pace of deforestation in the test area.

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Aug 01

Why do so many investors believe trouble lies ahead?

By Making Sen$e Editor

Researchers find that media coverage of adverse market outcomes is correlated with investor crash beliefs.

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Jul 22

Column: Why different viewpoints lead us to the best solutions

By Vikram Mansharamani

Bringing different points of view to the table turbocharges problem solving, as the results of science and innovation competitions attest.

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Jul 06

How ‘gambler’s fallacy’ affects your decision-making

By Making Sen$e Editor

A bias against deciding the same way in successive situations can affect whether a foreigner is deported, a business gets a loan or a batter strikes out.

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Jun 27

Does being paid hourly vs. yearly change how you save?

By Dan Ariely, Aaron Nichols

According to a well-established psychological theory known as “construal theory,” the answer is yes.

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Jun 20

The science behind why power corrupts and what can be done to mitigate it

By Dacher Keltner

We gain power by advancing the welfare of other people, and yet, when we feel powerful, we lose those very skills that got us there and take more than our fair share.

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Jun 09

Why the secret to gaining power is different today

By Paul Solman

Is it better to be feared than loved? Or are charisma and community-building the answer? Economics correspondent Paul Solman talks to Dacher Keltner, author of the new book "The Power Paradox."…

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May 31

The best insurance policy on Earth: waiting until 70 to take Social Security

By Paul Solman

Viewing Social Security as an investment is economically blockheaded. Instead, think of Social Security as an insurance policy.

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Apr 26

What Oprah and Warren Buffett can teach us about risk

By Denise Cummins

What do Oprah Winfrey and Warren Buffett have in common? They are both calculated risk takers.

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Apr 18

The realities of living as an independent contractor

By Laura Zulliger, Wendy De La Rosa, Kristen Berman

Being an independent contractor often means variable pay and complicated taxes.

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