Inflationary episodes fundamentally alter the economic landscape within which consumers make purchasing decisions, yet the ...

A crowded street in Srinagar turned into a live demonstration of how pricing, psychology and social media now drive consumer ...

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The own-wage elasticity (OWE) of employment estimated using minimum wage increases provides an economically meaningful measure of the policy on jobs. We discuss how to interpret the magnitude of the ...

We introduce a model in which a benevolent news outlet decides whether to report the realization of a state to a consumer, who pays a cost to receive it. A simple statistical rule, called a proper ...

On a micro level, you can directly control many personal finance decisions. For example, you can become a savvy shopper to locate the lowest price on what you want, and develop a budget that fits your ...