Explore the concept of optimism bias, how it affects economic and managerial decisions, and ways to mitigate its risks.
Discover the concept of Homo Economicus in economics, a theoretical figure epitomizing rational decision-making and self-interest in economic models.
Explore how regret theory influences financial decisions, causing investors to act in fear of making wrong choices and its impact on market behavior.
Explore how information inductance influences corporate behavior and decision-making in financial reporting.
Explore the concept of heuristics, their role in behavioral economics, and how these mental shortcuts influence both our daily decisions and financial strategies.
Explore the concept of a 'bag holder' in finance—investors who cling to underperforming stocks, often leading to significant losses. Learn about the psychological factors at play and strategies for avoiding this pitfall.
Explore the multifaceted concept of earmarking, from its roots in agriculture to its application in finance, social science, and legislative processes.
Explore what hindsight bias is, its effects on decision-making and investing, and strategies to mitigate its impact on financial and life choices.
Delve into the world of social economics, a fascinating field that studies the intricate relationships between social behavior and economic activities within societies.
Explore the concept of mental accounting, its effects on financial decision-making, and tips on overcoming its biases for better financial health.
Explore the Hawthorne Effect, its historical background from the 1920s experiments, its implications in current research, and debates over its validity.
Dive into the study of Happiness Economics to explore how individual satisfaction relates to employment, wealth, and overall quality of life. Discover how this academic approach uses surveys and indices to enhance public policies.
