Concept for studying triggers in behavioral economics
Business and Economics

Behavioral Economics: How “Triggers” Affect Your Decisions

February 15, 2017

A trigger is any stimulus in the environment that makes us think about a related concept or idea. How do businesses and marketing professionals use this psychological phenomena to their advantage? Welcome to the world of behavioral economics. […]

Sign and bust of former U.S. General and President Dwight D. Eisenhower located in Denison, Texas
Business and Economics

Great Leaders: Eisenhower and the Pursuit of Small Wins

February 14, 2017

Truman had experienced how hard it was to get things done in a government bureaucracy. He learned that even if a president issued a command, it did not mean that various departments of the government would implement it as he wished. But he also understood that effective leaders pursue an iterative process of divergence and convergence. They stimulate debate, but are always on the lookout for common ground. […]

Finance economy world concept
Business and Economics

World Economics: A Historical Perspective

February 3, 2017

How is economic history different from a history of economics? What are the primary concerns of today’s economic historians? Why does modern economic history “begin” around 1400? Welcome to the study of human survival – the study of Economic History. […]

Business and Economics

Fisher and Price: The Original Growth Stock Investors

January 12, 2017

Growth stocks have the potential to go up 1000% or more from inception. Occasionally, you’ll find a growth stock in the bargain-basement bin. But, usually, it’s up to you to make the assessment that a growth stock will keep growing. […]

Two Businesswomen Meeting In Reception Of Modern Office
Business Skills

The Social Context that Shapes our Talk

December 23, 2016

How you understand the messages sent to you is shaped in large part by your culture and subcultures—the contexts in which you learned “normal” ways of seeing and hearing the world around you. Grasp the key dimensions along which cultures can be compared […]

Conceptual image for wisdom of a crowd
Business and Economics

The Wisdom of Crowds

December 20, 2016

By Scott E. Page, PhD, University of Michigan How can diverse ways of thinking contribute to the ability of a collection of people to make […]

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