Decision Making: Sunk Cost Fallacy

At the end of the day, the sunk cost fallacy is caused by pride, loss aversion, and irrational commitment to past decisions. The sunk cost fallacy makes us stupid. Don't let it trick you.

Decision Making: Accounting Costs vs. Economic Costs

There ain't no such thing as a free lunch. Every economist will tell you this. Why? Opportunity costs!

Economics of Valentine’s Day, Tinder, and Relationships

From noticing someone across the bar also noticing you, to swiping left or right on Tinder, our generation for dating has completely changed from just a few decades ago. Swipe right on this article!