Explore the world of positive economics, an approach that uses solid data to decode economic behaviors. Learn how this objective stream of study can influence policymaking, investment decisions, and personal financial choices.
Learn the concept of anchoring and adjustment, a powerful cognitive heuristic that influences decisions. Understand its implications in business and finance, and discover techniques to mitigate its effects.
A deep dive into prospect theory, unveiling how perceived gains influence decisions more significantly than perceived losses, and providing a comprehensive guide on overcoming inherent biases.
Explore the psychology behind why we overvalue possessions we already own, the impacts on investment and daily life, and strategies to mitigate this cognitive bias.