Financial Decision Making

Experience Buying and Selling Reduces Financially Costly Biases

When it comes to decisions about buying and selling, businesses are supposed to use evidence and observations about the market for goods to make profitable decisions. In classical economics, it’s assumed that people make financial decisions based on rational rules of thumb—buy low, sell high, diversify portfolios, that kind of More

Can your genes predict future success in life?

CBS: Your genes may play a part in whether or not you’ll enjoy career and financial success, researchers suggest. But, these “success” genes aren’t necessarily your destiny. They may play only a small role in your life, and the study wasn’t designed to prove that certain genes determine your future More