How do businesses make smart decisions, especially when they are competing against other businesses that offer similar products? Are professional poker players just really lucky, or is there a skill they have that gives them an advantage over other players? A field of economics, known as game theory, is what is at play in answering … Continue reading Thinking Strategically
Tag: human behavior
Dale Carnegie
While this book is not specifically about business or economics, I think it is an important read for everyone who has any desire to be a leader, work with other people, and to just be happy. How to Win Friends & Influence People is a great guide to improving every aspect of yourself, to help you … Continue reading Dale Carnegie
Human Behavior
Why do we make the choices we make, even if they may seem irrational to an outsider watching us make them? What defines irrational behavior? Can the choices we make be radically changed just by the smallest tweaks in how information is presented to us? These questions all fall under the field of economics known … Continue reading Human Behavior
How To: Economics 