What Is Framing Effect And How To Avoid It
Decision making, especially financial decision making, requires a lot of mental energy to be effective. Which is why the brain often relies on heuristics to lighten the load. The catch is that this can,...
Tagged: biased behaviour
Availability Heuristic, What Is It And How To Avoid It
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...
