Nobody wants to lose money, and loss aversion is a prudent part of an investment strategy. But when it goes to extremes, it can hurt retirees more than it helps. When planning for their futures ...
Two surprising findings from cognitive science demonstrate the strong impact of language and culture on financial decisions ...
This phenomenon reflects loss aversion, and Spencer mentions that this investing bias is normal. "Loss aversion is natural and affects everyone. People seek pleasure and want to avoid pain," he says.
Imposing projected tariffs on international art imports would undoubtedly trigger various psychological behaviors in ...
Researchers have shown that, when evaluating outcomes with both positive and negative consequences, we tend to view the whole ...
Our investment behaviors can change, too — without a steady paycheck, we may develop greater loss aversion, or fear of losing money in the investment markets. Yet some things don’t change ...