Search results for keyword: irrational
herding behavior
Herd behavior is a common phenomenon exhibited by animals, and humans, in which individuals adapt their behaviors to match that of others within the same species. It is a way for these animals to increase their likelihood of survival by responding to the same threats and environmental pressures as......
06/07/2023 
1028 
Maggie
price economics
Behavioral Economics
Behavioral economics is a relatively new field of study which has become increasingly popular over the past few decades. It integrates psychological and economic principles to analyze why and how people make decisions, and how their choice influence the economy. Behavioral ec......
endowment effect
The Endowment Effect
The endowment effect is a phenomenon in which people tend to increase the value or worth of something that they already own or possess, compared to the same item if they had not previously owned it. This is often seen as the person creating a unique attachment to the item wh......
Contemporary Western Monetary Economic Theory
Contemporary Western Monetary Economy Theories
The study of monetary economics, otherwise known as macroeconomics, has been the subject of theoretical and empirical research for centuries. As the modern world has evolved and changed, so has the field of monetary economics. Contemporary Western Mo......
Achilles Paradox
Achilless Paradox
Achilless Paradox is a paradox in logic, named after the Greek hero Achilles in Homer’s Iliad. It states that if a runner runs a certain distance and another runner runs half of that same distance, then the second runner should reach the halfway point before the first runner re......
Alabama Paradox
Alabama Paradox
In June 2013, the Supreme Court handed down a ruling in the landmark US Supreme Court case, Shelby County v. Holder, ruling unconstitutional the section of the Voting Rights Act of 1965 (VRA) that required any state with a significant history of voter discrimination to pre-clear a......
activation polarization
Activation Polarization
Polarization occurs when an object or individual is exposed to highly differentiated and various opinions or perceptions. Activation polarization occurs when people with strong opinions or behaviors increase their intensity of support or opposition in relation to one anoth......
Fisher rate theory
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The Fisher Rate of Return is a theory developed by professor Irving Fisher in the late nineteenth century, which states that the rate of return on a financial investment should be proportional to its riskiness. The premise of the theory is that investors will always seek the highest expected ra......
free stretch
Since ancient times, humans have always had the right to pursue freedom. Freedom is the air around us, the basis of human life, and the substance of human pursuit. For the causes of human beings to select the right to struggle, those extraordinary people have made elaborate plans and performed cou......
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