By understanding how loss aversion operates, we can begin to identify its effects on our choices and implement strategies to ...

Cognitive Biases and Overconfidence in the Housing Market From a political ... Political psychologists argue that social identity theory helps explain why certain firms received preferential treatment ...

This Article’s position regarding implicit bias theory is that implicit bias theory does indeed describe a consequential reality. This author has no quarrel with the cognitive science referenced in ...

This is cognitive bias. Researchers have identified an enormous range of cognitive biases that can apply to financial decisions. Effective wealth managers must know enough behavioral finance to ...

While virtually any cognitive bias or other psychological pitfall can ... a lot in a business that turns out to have a bad business model, you should act as if you were looking at it as a fresh ...

Celebrity support may amplify narrow issues within echo chambers, missing broader public sentiment and failing to capture the ...

He likely has the information to make that decision but there is still the likely chance that his decision-making is occurring against the backdrop of cognitive biases. Behavioral economics is the ...

As we inch closer to the 2024 election, here are a few cognitive biases and consequences I’m keeping in mind. 1. Confirmation bias, which solidifies our existing beliefs. If someone were to ask ...

Importantly, the average person is not exempt from cognitive biases and frequently acts in ways that seem bizarre or ...

Studies have shown that drinking alcohol can have an immediate impact on the human brain. Now, a new report finds that this ...