Airlines are trying to cram ever-more seats onto planes

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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