Having insight into the consumption habits of others can help calibrate and moderate your own habits.
A combination of crowdsourced information and peer pressure can help consumers moderate their consumption.
Investors in US stocks can earn significant short-term gains by exploiting stock-return movements around the Federal Reserve’s monetary-policy announcements.
The sobering effect of seeing a peer being punished may be a cost-effective way to contain fraud.
Investors could earn significant short-term gains on monetary-policy surprises.