Economic man represents a rational actor, aiming to maximize utility and satisfaction. Discover his role and the impact the concept has in economic theories and models.

The report warns many economic models are failing to capture extreme weather events and rising uncertainty likely to dominate impacts in a hotter world.

International offsets play a central role in the cost containment strategies of both the Clean Energy and Security Act of 2009 (H.R. 2454), proposed by Congressmen Waxman and Markey and passed by the ...

The Nobel Memorial Prize in Economic Science was awarded today to two scholars who revolutionized the technique of statistically modeling national economies, stock markets, and other complex systems ...

Decentralized finance (DeFi) has emerged as the flagship concept and use case for blockchain technology and cryptocurrency. DeFi is the use of smart contracts and other decentralized technologies to ...

NOTICE: The project that is the subject of this report was approved by the Governing Board of the National Research Council, whose members are drawn from the councils of the National Academy of ...