Confirmation Bias, What Is It And How To Avoid It
Confirmation bias affects our decision making and can lead us to make less than optimal ones. But what is it and is there a way to avoid it? What is confirmation bias Confirmation bias...
Confirmation bias affects our decision making and can lead us to make less than optimal ones. But what is it and is there a way to avoid it? What is confirmation bias Confirmation bias...
Cognitive dissonance is a kind of bias in human behaviour that can affect our decision making in a negative way. But what exactly is it and is there a way to avoid it at...
It is important to know what your risk attitude is, as it can determine what kind of investment options are good for you. What does risk attitude mean People love putting people in boxes...
Choice overload is a kind of bias in human behaviour that affects our decision making, like all heuristics and biases do. Understanding why biased behaviour happens can help you minimise the effect on your...
Previously I wrote about heuristics and biases, what they are and why they matter when it comes to finances. There are many different ones that have been recognized, and today I want to focus on...
Cars are often one of the most expensive single items that we might need to purchase. You might hear someone say that they are “investing” in a good car. But can you make money...
Remember when I wrote about heuristics and biases? Well, cashless effect is another example of biased behaviour when it comes to financial decisions. Understanding how they may affect the decision making process is the...