Currently browsing "Economic Psychology"

Does Financial Insecurity Lead to More Physical Pain?

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