When you try to understand people and explain why they do what they do, what frame do you use? The most common, intuitive (and highly useful) approach is the “belief-desire” frame. That is, people in ...
Learn how behaviorists explain market inefficiencies through human psychology. Discover key concepts in behavioral economics and finance that challenge rational models.
Approach-avoidance behaviour represents a fundamental aspect of human interaction with the environment, delineating the inherent tendency to move towards stimuli perceived as positive and away from ...