Discover how mechanism design theory uses incentives and game theory to achieve desired outcomes in economics and businesses while overcoming self-interest challenges.

Distributed energy systems are transforming the way power is produced and distributed. The decentralized model of power generation, where energy is produced closer to where it will be used, rather ...

Joanna Boehnert does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

In a brand new 2015 edition of the free Behavioral Economics Guide, which I edited and published today, Dan Ariely, the bestselling author of Predictably Irrational, illustrates the lessons from ...

Sofia Dumery, MID ’98, head of design at toy company Melissa & Doug, discusses her unique path, making a space for yourself in design, and mentoring a young Pratt alum. Action oriented—that’s how ...

Two Americans, Alvin Roth and Lloyd Shapley, have won the 2012 Nobel Prize in Economics. Their research on market design has found many practical applications. It's at the heart of the system used to ...

A monthly overview of things you need to know as an architect or aspiring architect. Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with ...

One hundred years ago, bad decision making accounted for less than ten percent of human deaths. Nowadays, it represents a little over 44%. What has changed? Behavioral economist, Dan Ariely, offered ...

Explore how happiness economics measures individual satisfaction through surveys, analyzing economic factors like income, employment, and their impact on well-being.

Chinese architect and artist Zhao Mengyu pursues a design philosophy of "humanity-oriented". [Photo provided to ...