Behavioral Economics

The Dream Empire

Development in the Next Global Superpower

“Dream Empire”, a documentary set in China between 2012 and 2014, narrates the economic collapse of the Chinese real estate industry and reflects on the language of development through changing social dynamics of Yana and David, the two main characters. Yana is the co-founder of a foreigner agency that employs foreigners who came to China

The Costs of Procrastination

How much money are you losing for putting things aside?

If time is money, then why do several people, especially college students waste it intentionally? It can be easily attributed to one of the most and oldest human traits called procrastination. Many people, guided by their survival instinct, procrastinate more than others. The difference between a procrastinator and a non-procrastinator lies on to what extent

Tackling Fake News: A Battle of Economic Incentives and Disincentives

Often fuelled by the economic incentive of rising the most views and revenue, implementation of economic disincentives may not be a bad idea to regulate false information.

It is very likely that this is not the first article about fake news that you read. The phenomenon has become viral in the past years, and its consequences, from elections outcomes to fuelling propaganda and hateful speech, have been widely discussed. The concept of fake news – which means any information created to mislead