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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.
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Why We Think We’re Better Investors Than We Are
The New York Times: From their earliest days, the loosely confederated research efforts that came to be known as behavioral economics spawned a large quantity of studies centered on securities investment. This was not because
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The Link Between Income Inequality and Physical Pain
Harvard Business Review: The United States is in a pain crisis. The use of pain killers increased by 50% from 2006 to 2012 and one recent estimate put the cost of physical pain on the
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The Kryptonite of Smart Decisions? Overconfidence
Research shows that people in general are overconfident, but entrepreneurs appear to be particularly prone to cockiness. About half of new companies fail within five years, according to the US Bureau of Labor Statistics. Despite
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In this economy, many do feel the burn
The Boston Globe: SUPPORTERS OF Bernie Sanders and Donald Trump are seemingly concerned with economic insecurity (whether caused by Wall Street, trade, or immigration). But if new research is correct, then you should be nice
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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, a psychological study suggests.
