Cognitive biases can have a negative impact on an investor’s ability to make rational decisions, potentially derailing their investment goals. These mental shortcuts and distortions that we make ...

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 ...

Every choice we make, from picking peanut butter to forming political opinions, is influenced by unseen cognitive biases.

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 ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J. Brock is a CFA and CPA with more ...

Now that the Certified Financial Planner exam has added a component focused on behavioral finance, it might make sense to cover some relevant concepts as to how the mind effects money and feelings ...

With the rise of artificial intelligence, fund managers face the threat of AI-powered investment analysis. While AI excels in ...