Explore true cost economics, an approach that includes external costs like pollution in pricing, ensuring a more accurate ...

Consumption, production, and investment decisions of individuals, households, and firms often affect people not directly involved in the transactions. Sometimes these indirect effects are tiny. But ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and ...

A computer method for aid in biological classification based on graph theory is presented. The program not only defines hierarchical clusters but discovers intermediate forms and provides measures of ...

Consumer behavior—or how people buy and use goods and services—is a rich field of psychological research, particularly for companies trying to sell products to as many potential customers as possible.

Following the onset of the recent global economic crisis, much of the news, especially in advanced economies, was dire. Unemployment was rising, company profits were falling, financial markets were ...