A recent study claims a core idea in behavioural economics – loss aversion – is a fallacy. Loss aversion is the theory that the pain of losing something is greater than the pleasure we feel by gaining ...
Internet Gaming Disorder (IGD), a newly recognized form of behavioral addiction characterized by excessive involvement in online gaming, is gaining global attention as a significant public health ...
Can your brain influence your investment accounts? The study of behavioral economics would suggest that it could. Behavioral economics is a psychological study of how cognitive and emotional factors ...
Psychology says people who keep plastic covers on remotes, fridges, cars, and furniture may be influenced by loss aversion, ownership psychology, and a desire for control.
Loss aversion is a well-known behavioral regularity in financial decision making, describing humans’ tendency to overweigh losses compared to gains of the same amount. Recent research indicates that ...
One of the more well-known behavioral biases is loss aversion. Loss aversion is a common trait people display where they feel the pain of losing money much more acutely than the pleasure from gains.
You’ve been watching the local housing market take off lately as more and more buyers take advantage of low mortgage rates to finance the purchase of their homes. Meanwhile, you stare bleakly at the ...