We live in a world of broken models. To understand why world leaders can't easily fix the global economy, you have to realize that the economic models on which the United States, Europe and China ...

Game theory frames human behavior as cold, selfish, and predictable—but as this video explains, that’s because economists baked selfishness into the model from the start. Using the classic Prisoner’s ...

Zillow economists use an economic model known as the Zillow Market Heat Index to gauge the competitiveness of housing markets ...

Climate change is a major economic threat. With a new model, economist Andrea Titton shows how climate disasters can disrupt supply chains, how climate tipping points may cost trillions each year, and ...

When Alabama autoworkers at Mercedes-Benz's largest U.S. plant recently assembled to announce a majority of their 6,000 co-workers had signed UAW union cards, they also had a prediction to share: "We ...

The discussion around improving access to higher education —specifically due to the decades-long price increase of a four-year degree — is typically framed as whether or not college should be free.

WEST LAFAYETTE, Ind. - Using models that blend global economics, geography, ecology and environmental sciences is essential to understanding how changes in trade and natural systems in one part of the ...

After the global financial crisis of 2008, Hungary’s Fidesz government was one of the first to adopt a partially heterodox, ...

Economic Model Predictive Control (EMPC) represents an evolution of traditional control strategies, where the primary objective is to directly optimise an economic cost function rather than merely ...

The Trump administration made some bold claims about the 2017 Tax Cuts and Jobs Act, which slashed the corporate-tax rate. Larry Kudlow, the head of the former president’s National Economic Council, ...

LONDON - OCTOBER 07: In this photo illustration, a man looks at a graph representing the 12 month decline of the FTSE 100 share index on October 7, 2008 in London. Financial markets are still ...