There is an unbelievable mountain of research in this area - specifically in discovering methods of calculating future price value and economic fluxuations in...
<http://blogs.ft.com/wolfforum/2009/01/darwin-and-the-terrible-games-of-homo-sapiens/> Darwin and the terrible games of Homo sapiens January 2, 2009 by FT By...
http://www.timesonline.co.uk/tol/life_and_style/health/article5432741.ece From The Times, January 3, 2009 How to think yourself successful: Acquire a postive...
CBS 60 Minutes just ran a show on the latest brain-screen technologies, part of Neuroscience field of identifying human behavior through fMRI (functional MRI)...
The recent edition of the Financial Times includes an article on the relationship of financial stress with suicide at corporates. The article is at the...
Marketplace at PublicRadio.org has an interview with behavioral economist Dan Ariely. "Does endlessly hearing about the likes of Bernie Madoff affect everyone ...
Hi, dear members and visitors! Here is your 105th month newsletter. 1) Monthly activity The number of (non bouncing) members stayed stable at 1840 The decrease...
With latest advancement in the field of neuroscience and ability to follow neural movements in the brain through fMRI scans and other technological devices, do...
Congratulation on the advancement in pure science, but not in social science, according to my opinions! We may clearly know a personal behavior in many...
thank you for the interesting insights. I would like to share an interesting insight by William Barret who wrote a book, "Irrational Man: A Study in...
Quite interesting, Tarek, I love philophical issues myself, as well as scientific quest for knowledge, but I wonder if this thread is not going far from our...
agree Peter. It probably is going far from what the focus of this group. One starts with something and minds take us to maze of other things. ... twentieth...
That is true Tarek, and what is also crucial to dig in is how greed and fear (and other primal emotions, linked to pain or pleasure feelings) can be collective...
... None of us are able to 'overcome our biology', it is our genes that motivate us to seek and enable us to absorb an education and experience. Martin...
I agree, Peter. However, greed and fear are both personal traits and are easily attractive. Similar to a bunch of smoking friends hanging around and are trying...
we cannot overcome our biology for sure. What is questionable, however, is if some of our genes or the actions behind our genes are inheritable. If our genes...
A couple of comments here. First, we don't really know which part of our behavior is genetic and which part is not, although there is lots of reseach in this...
When economists develop economic theories and do analysis or research, usually there is no study on the operation of the brain of economic man, as the focus is...
Hello! Interesting debate, at the core of BE / BF issues Seems to me that a macro BF or BE law, not general as behavioral traits are quite diverse, but...
Hi I wanted to ask the group a question. It is pertaining to the heuristics and biases. As the literature shows that there are number of biases that impact a...
Hello At least loss aversion seems less "rational" than risk aversion, as loss aversion can drive somebody who is risk averse to stay prisoner anyway of a...
... In neoclassical economics a rational decision maker obeys the axioms of expected utility theory. So we may define a bias as behaviour that violates...
Hi, Martin! I have a little problem of understanding here. The expected utility tenet takes into account risks, which are measured via probabilities. When...
... Hi Peter A Dutch book is a gambling term for a set of odds and bets which guarantees a profit, regardless of the outcome of the gamble. At the very least,...
Hi Shalini - This was an excellent question; I hope you (and Martin) won't mind if I add my two cents. The issue you address is central to how we are to...
Thanx for your well-written evaluation, Dr. Kostman. What do you consider stop losses used by investors, either reactively (subjectively ex post), or...