Behavioral finance theories are interesting in many respects, but they are also very useful for understanding how investors position themselves. What is their relationship to risk? What types of products…
While 52% of French people say they are interested in current events and financial topics, only 20% consider themselves to have good financial knowledge, according to a study conducted by…
The objective of behavioral economics is to model and quantify psychological factors which affect our financial decisions, such as emotions, misperceptions, and cognitive biases.
Financial advisors in many countries are now required to offer financial products adapted to their client’s risk profile. However, more than 10 years after the enactment of this new requirement,…
Behavioral finance uses psychological insights to inform financial theory. Behavioral finance holds that we do not behave like the rational and self-interested agent of economic theories. Homo Sapiens is not…
Behavioral Economics research – and later, Social Preferences research – started with lab experiments in the 1970s, where experimental
We are all influenced by the opinions expressed by others when making decisions. This natural tendency results from the anchoring
You’ve decided to get vaccinated to enjoy your summer holidays. You go to the lab where two vaccines are offered, both have been tested on 4 million people. Vaccine 1:…
Let's play two little games! First game: Imagine you have to push one of two buttons: If you push the blue button, you are guaranteed to receive $1 million directly…
Would you accept the Covid-19 AstraZeneca vaccine if you had to make that choice today? You may have had this kind of conversation recently with your friends and family and…
