Self control
Behavioral economist Dan Ariely talks about self control and the difference between our long term goals and our short term actions. Dan Ariely is an renowned professor of psychology and behavioral economics. He teaches at […]
Pablo M. Linzoain
Behavioral Finance and the Role of Psychology
Deviating from an absolute belief in the principle of rationality, Professor Shiller elaborates on human failings and foibles. Acknowledging impulses to exploit these weaknesses, he emphasizes the role of factors that keep these impulses in […]
Prospect Theory
Losses upset Investors more than gains un-upset them.
How To Beat Loss Aversion Bias To Become Wealthier And Get Better At Sales
A lot of people are affected by loss aversion. It is just a way our brain works. It is a bug in our brain that prevents us from achieving true wealth in a lot of […]
Cognitive Biases – The self-serving bias
A self-serving bias is any cognitive or perceptual process that is distorted by the need to maintain and enhance self esteem. When individuals reject the validity of negative feedback, focus on their strengths and achievements […]
MarketMinder Minute – Myopic Loss Aversion
Examination of “myopic loss aversion” and how it impacts investors.
The Trouble with Confidence
The trouble, says Nobel Laureate psychologist Daniel Kahneman, is that we’re often confident in our intuitive judgments even when we have no idea what we’re doing.
Introduction to Behavioral Ethics
Behavioral ethics investigates why people make the ethical (and unethical) decisions that they do in order to gain insights into how people can improve their ethical decision-making and behavior.