Economic Impact of Brexit on EU

Brexit, Britain’s exit from the European Union, was a momentous event in the history of Europe. It has certainly weakened all those forces that contributed towards greater integration of EU for so long. Since it initiates radical changes in a well-tended partnership, both sides will have to bear costs involving social and political changes along with economic and institutional shifts as well. This article does not address all of these concerns, rather it focuses on the economic impacts of Brexit on EU. (more…)

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IKEA Effect

Why Does IKEA Effect Matter?

Why does doing things ourselves makes us happier? We learned yesterday that this happens owing to the IKEA effect which is nothing but a cognitive bias wherein consumers place a disproportionately high value on the products they create. This article is in response to the question asked in the Ecosode Read more…