How Does Loss Aversion Affect Our Financial Decisions?
What is Loss Aversion? Loss aversion is a psychological phenomenon that refers to the tendency of individuals to strongly prefer avoiding losses rather than acquiring gains of equal or even…
What is Loss Aversion? Loss aversion is a psychological phenomenon that refers to the tendency of individuals to strongly prefer avoiding losses rather than acquiring gains of equal or even…
Gamification is the process of applying game design principles and elements to non-game contexts to engage and motivate individuals in achieving specific goals. When applied to learning processes, gamification can…
Gamification to make learning more fun! Gamification is the process of applying game design principles and elements to non-game contexts to engage and motivate individuals in achieving specific goals. When…
Over-indebtedness on the rise again in France Inflation, rising interest rates, falling purchasing power... The worsening economic situation continues to weigh on French households. According to the Banque de France's…
Home bias, in the context of finance and investing, refers to the tendency of investors to allocate a disproportionately large portion of their investment portfolio to domestic or local assets,…
The decoy effect, also known as the asymmetric dominance effect or the attraction effect, is a cognitive bias observed in decision-making and consumer behavior. It occurs when the introduction of…
The halo effect is a cognitive bias that occurs when a general positive or negative impression of a person, object or company influences our judgment on specific characteristics of that…
What is the gambler’s fallacy? The gambler's fallacy, also known as the Monte Carlo fallacy, is a cognitive bias that involves mistakenly believing that past events in a random sequence…
What is the confirmation bias? Confirmation bias refers to the cognitive tendency to actively search for, interpret, process and recall information that supports their existing view while disregarding or minimizing…
What is overconfidence? Behavioral finance is a concept that has its roots in the 1970s-80s from psychologists Daniel Kahneman and Amos Tversky, combining the complex world of finance with the…