The conventional wisdom in classical economics is that we humans are “rational actors” who, by our nature, make decisions and behave in ways that maximize advantage and utility and minimize risk and ...
Discover the crucial role of trading psychology in your investment strategy. Overcome biases to enhance decision-making, maintain discipline, and achieve long-term success.
On May 24, 2023, Steven Pinker and Richard Thaler, two of the world’s leading behavioral scientists, engaged in a wide-ranging discussion on rationality, AI, overcoming collective action problems, and ...
This article was written by Mark Gorzycki and Mahesh Kashyap, co-founders of Kievanos. As a species that relies heavily on cognitive ability for our evolutionary success, it’s no surprise that many of ...
Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. In this episode, Thomas Betts chats with ...
Drawing incorrect conclusions, based on ill-conceived heuristics, can lead to bad decision making. This is cognitive bias. Researchers have identified an enormous range of cognitive biases that can ...
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