Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
At the heart of economics lies a deceptively simple idea that shapes everything from market strategy to personal growth: marginal value theory. Those who adhere to it insist that when making decisions ...
A few weeks ago, my ears perked up when a gaggle of middle school volleyball players in my car were talking about the teachers they don’t like; I have an unfortunate appetite for tweenage gossip, and ...
Peter Ellerton is affiliated with the Rationalist Society of Australia. Read about the event elsewhere and it turns out the athlete was also beaten by thousands of people and it was a participation ...
Marginal utility helps set product pricing; high initial satisfaction decreases with more units. Some stores use bulk pricing when consumers value additional items less. Progressive taxes assume each ...
Argentine TV series “El Marginal” ran from 2016-2022 and is still available on Netflix. It tells the story of undercover cop Pastor (Juan Minujin) who infilitrates a prison while investigating a ...
I have been researching the psychology of conspiracy beliefs for seven years now and people often ask me why people believe in them. This is not a simple question. There are many reasons people might ...
The law of diminishing returns is a concept of economics that every entrepreneur should understand. Also known as the law of diminishing marginal returns, this law helps entrepreneurs and economists ...