Currently browsing "Economic Psychology"

Don’t Delay! Impatient People are Also the Worst Procrastinators

Across a series of experiments, impatient people were more likely to put things off - even when it meant a financial penalty. ... More>

The Link Between Income Inequality and Physical Pain

The Kryptonite of Smart Decisions? Overconfidence

A common human bias towards overconfidence on easy tasks may help explain why entrepreneurs make bad decisions when opening new businesses. ... More>

In this economy, many do feel the burn

Experiencing Financial Stress May Lead to Physical Pain

People who feel that their financial outlook is shaky may actually experience more physical pain than those who feel financially secure. ... More>