Statistical Analysis in Simple Steps Using R

Our new book on Statistical Analysis in Simple Steps Using R is published by Sage Inc. The description of the book as follows: An open and dynamic software for statistical analysis, R has become increasingly popular among students and researchers alike for its powerful language and graphical abilities. This book incorporates a step-by-step approach to … Continue reading Statistical Analysis in Simple Steps Using R

Richard Thaler and Behavioral Economics

Richard Thaler awarded nobel prize in 2017 for his ground-breaking contributions to Behavioral Economics. He has incorporated insight from psychology into analysis of economic decision making. He explored how human traits like mental accounting, self-control and bounded rationality systematically affect individual decisions and market outcomes. Mental accounting is people‚Äôs tendency to divide money into separate … Continue reading Richard Thaler and Behavioral Economics