Manipulate Me: The Booming Business in Behavioral Finance

It’s hard to find a place today where concepts of behavioral finance aren’t being applied to real-world situations. From London to Washington to Sydney, governments are experimenting with the psychology of decision-making and trying to “nudge” citizens toward better behaviors, whether that means saving more for retirement or signing an organ donation card. Meanwhile, businesses…

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What A Top Idea

Vietnam is sentencing corrupt bankers to death by firing squad. Others just get life behind bars. BANGKOK — For the most part, American bankers whose rash pursuit of profit brought on the 2008 global financial collapse didn’t get indicted. They got bonuses. Odds are that scandal would have played out differently in Vietnam, another nation…

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