There’s an old saying among investors that “the market can stay irrational longer than you can stay liquid.” It’s a tongue-in-cheek nod to behavioral finance: the concept of applying rational thinking ...

Rational Emotive Behavior Therapy (REBT) is an established cognitive-behavioural intervention centred on identifying and challenging irrational beliefs that contribute to emotional disturbances.

Investors are human. And as humans, they're prone to biases and psychological influences that lead to irrational decision-making. You need only look at the stock market – which has soared to all-time ...

Many reactions to COVID-19 can be explained by one simple concept: intertemporal substitution. Its awkward name notwithstanding, the idea helps to make sense of many behaviors that otherwise might ...

Many reactions to COVID-19 can be explained by one simple concept: intertemporal substitution. Its awkward name notwithstanding, the idea helps to make sense of many behaviors that otherwise might ...

In his edited book Why Smart People Can Be So Stupid, another noted cognitive psychologist, Robert Sternberg, used the example of Bill Clinton’s disastrous Oval Office dalliance with college intern ...

Hundreds of years ago, two English philosophers wrote about their views on human nature. In Leviathan, Thomas Hobbes set forth the argument that when “men live without other security than what their ...

Electric vehicles’ share of the total automotive sales market climbed to more than 9% this month, analysts at Cox Automotive said Aug. 15. Total sales, the firm said, climbed almost 20% year over year ...

In a September 16, 2016 essay in the New York Times, David Z. Hambrick and Alexander P. Burgoyne made an interesting distinction between intelligence and rationality. Drawing mainly on the work of ...