When facing a risk of immediate failure, people often avoid it, even if it improves the odds of success.
Are expectations about Trump’s policies contributing to higher stock prices?
Chicago Booth’s Initiative on Global Markets asked its Economic Experts Panel whether the deal would increase consumer surplus.
Eugene F. Fama and Richard H. Thaler discuss whether markets are prone to bubbles.
The United States Federal Reserve is widely expected to raise its target interest rate for the first time in nearly a decade.