Category Archives: Economic Theory

4 Games in Neuroeconomics You Should Know of: Trust, Ultimatum, Prisoner’s Dilemma & Public Goods

Neuroeconomics Games Review

4 Gameplays in Neuroeconomics – A Summary  The process of decision making in social situations can be very complicated, such that disruption to one’s capability of understanding and acting on social information can cause massive effects on their life. An effective way of measuring social decision-making that has also been adapted in neuroimaging is neuroeconomic […]

Reducing Choices can Boost Your Revenue – The Paradox of Choice

The Paradox of Choice

The more choices, the better, right? Well not necessarily. In fact it might even lower your satisfaction, since more choices means more comparisons, thus more work. Or put differently: The more choice we have to make, the higher our costs. In this article I will present Schwartz’ Idea of the Paradox of Choice

Game Theory – How you determine the Nash Equilibrium

Nash Equilibrium Determination

Why Game Theory? Understanding the intricacies of finance can be overwhelming. It’s easy to get lost in all the different terminology, investing strategies and financial instruments. However, understanding how these different topics interact and how they can be used to your advantage is essential if you want to become a successful investor. The financial theory […]