As a behavioral economist, Dan Ariely studies the way people make economic decisions. His conclusion? We don't do it the way economists typically say we do. Instead, he finds, humans are "predictably ...
There’s an old saying among investors that “the market can stay irrational longer than you can stay liquid.” It’s a tongue-in-cheek nod to behavioral finance: the concept of applying rational thinking ...
Rational Emotive Behavior Therapy (REBT) is an established cognitive-behavioural intervention centred on identifying and challenging irrational beliefs that contribute to emotional disturbances.
Many reactions to COVID-19 can be explained by one simple concept: intertemporal substitution. Its awkward name notwithstanding, the idea helps to make sense of many behaviors that otherwise might ...
My fellow PT blogger Dan Ariely is one of the most creative behavioral economists in the world today, one of the hotshots in currently the hottest academic field. Ariely is to behavioral economics ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Hundreds of years ago, two English philosophers wrote about their views on human nature. In ...