About Economics: Social Versus Monetary Markets

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From Jodi Beggs, your Guide to Economics

Social Versus Monetary Markets

This articles introduces the concepts of social markets and monetary markets and describes how individuals behave in each context.

Search Related Topics: behavioral economics markets

Models of Preference Formation

This article describes behavioral research regarding the different types of decision-making mechanisms that individuals possess.

Search Related Topics: behavioral economics utility

Introduction to Hyperbolic Discounting

This article introduces the concept of hyperbolic discounting and shows how the hyperbolic discounting can explain procrastination and time inconsistency.

Search Related Topics: behavioral economics present value

The Ultimatum Game

This article describes the ultimatum game and discusses how actual behavior in the game deviates from what game theory predicts.

Search Related Topics: game theory behavioral economics

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Jodi Beggs
Economics Guide
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