What Is Meritocracy?
A meritocracy is a social system in which success and status in life depend on the talent, ability, and effort of an individual. Meritocracy is the idea that people progress on the basis of their … Read more
neuroscience
What Is Behavioral Economy?
Behavioral economics examines the effects of psychological, cognitive, emotional, cultural and social factors on individual and institution decisions and how these decisions differ from the classical economic theory. Behavioral economics differs from standard economics in … Read more