When struggling to pay your bills each month, staying afloat can often feel like a losing battle. Just when you scratch up enough cash to pay one bill, you miss another, incurring late fees and ...
A pebble that reminds your daughter to take a shorter shower. A device to remind your dad to get up off the couch. Economics correspondent Paul Solman revisits ideas42, a behavioral economics ...
Adjusting his laptop, Eldar Shafir punches up a table of figures that represents the financial decisions of lower-income families in Trenton — a dozen miles down the road from his Princeton psychology ...
There are tons of cognitive biases that affect our daily decision-making. There's the halo effect, which explains why we think physically attractive people are generally wonderful. And there's the ...
Eldar Shafir, a professor of psychology and public affairs, studies decision-making in situations of conflict and uncertainty. He is especially interested in how low-income families make financial ...
— People who are worried about having enough money to pay their bills had a temporary decrease in their IQ when given an intelligence test, researchers at Princeton University have found. This study, ...
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William Stewart Tod Professor of Psychology and Public Affairs, PRINCETON UNIVERSITY Eldar Shafir is the William Stewart Tod Professor of Psychology and Public Affairs at Princeton University, and ...