Every manager aspires to coach her employees to higher level of effectiveness. However, figuring out how to coax a specific employee to improve can flummox even the most savvy supervisor. Identifying ...

Behavioral economics helps investors understand irrational market behaviors and customer choices. Examples of behavioral economic theories include loss aversion and sunk-cost fallacy. Recognizing ...

Operant conditioning, sometimes called instrumental conditioning or Skinnerian conditioning, is a method of learning that uses rewards and punishment to modify behavior. Through operant conditioning, ...