Availability bias can turn arguments into fights. Source: Photo by Eric Ward on Unsplash Availability bias, or the availability heuristic, tells us that the thing we can recall the quickest during an ...
This is the 11th article in the Behavioral Finance and Macroeconomics series exploring the effect behavior has on markets and the economy as a whole and how advisors who understand this relationship ...
As a leader, understanding the availability bias is the key to minimizing its potentially damaging impact. Daniel Kahneman, the Nobel Prize-winning psychologist, and his research partner, Amos Tversky ...
While behavioral finance hasn't found ways to improve investment returns, it does provide us with ways to improve investor returns. Richard Thaler and Cass Sunstein have written a wonderful book ...
Anyone who took an introductory psychology class probably remembers the classic study in which different people witnessing the same crime each report a different take on what happened. Though each ...
Last spring, Jared Kushner predicted that the coronavirus pandemic would soon end and that the United States would be “really rocking again” by July. Some critics saw his statement, which proved so ...
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