News: Science

Theory Vs. Reality: Why Our Economic Behavior Isn’t Always Rational
SCIENCE
Shankar Vedantam, Maggie Penman, Kara McGuirk-Allison, Max Nesterak, Cat Schuknecht, Tara Boyle | May 28, 2020
We don't always behave the way economic models say we will. We don't save enough for retirement. We give money to charity. This week, why we act in ways that go against our "rational" self-interest.