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…
Do you prefer to bet on the decrease of the Dow Jones or the CAC40 on the first of next September? These questions have been asked in many economic experiments…
Cognitive Bias: Thinking Fast and Slow…
Prospect Theory is one of the most famous behavioral finance theory. It describes how investors make decision under risk. A short insight in this article.
The tendency to avoid options for which missing information makes the probability seem “unknown.”
Cognitive bias: Time preference. Is Your Dollar Worth More Today?
In 2018, the Insurance Distribution Directive (IDD) will be gradually implemented throughout