But there are ways to get more passengers onto planes without sacrificing comfort or enraging the…
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Richard Thaler’s work demonstrates why economics is hard
Then came the behavioural economists, who made it their task to find ways in which human…
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Richard Thaler wins the Nobel prize for economic sciences
These insights-that people care about fairness, find self-control hard and hate losing what they already have-might…
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When investors get stuck in the past
One of the biggest problems is the tendency to assume that the future will resemble the…
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All-you-can-fly membership models are slowly catching on
Major airlines have experimented with this model in the past, but with little success. In the…
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The Nobel in economics rewards a pioneer of “nudges”
That started to change when Mr Thaler and Cass Sunstein, a legal scholar at Harvard University,…
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Can you afford to retire?
But people don’t like reality. In America, hardly anyone buys conventional annuities and in Britain, there…
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How protectionism sank America’s entire merchant fleet
Recognising the harm to their domestic fleets, countries from Australia to China are loosening the rules…
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Taxing fat and subsidising healthy eating widens inequality
Subsidies encouraged all income groups to buy more fruit and vegetables. But those on higher incomes…
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Manias, panics and Initial Coin Offerings
Bursts of investor enthusiasm sometimes (if not always) spur experimentation and investment, laying a foundation for…
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Apple, Margrethe Vestager targets another tech giant
The company and Ireland are both appealing. The commission, meanwhile, is taking Ireland to the European…
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