“There’s no divorce between marriage and economics,” Professor Pablo Peña said in a virtual presentation organized by the Chicago Economics Forum. And yes, the pun was intentional. The economics of ...

The American Economic Review is a general-interest economics journal. Established in 1911, the AER is among the nation's oldest and most respected scholarly journals in the economics profession and is ...

Some of the most fundamental assumptions of economics are utility maximization and weak separability of the arguments in the representative consumer's utility function. This paper contains results ...

Elementary economics tells us that a good decision is to maximize utility. Utility refers to how desirable a task or choice is for an individual. Maximizers are people who strive to get the very best ...