Though the concept of illusory superiority arguably dates back to Confucius and Socrates, it may come as a shock that its discussion in the form of the Dunning-Kruger Effect is almost 20 years old; ...

Romantic relationships can be incredibly enriching and satisfying experiences, yet they often involve intricate dynamics and hurdles to overcome. A critical barrier many couples encounter in ...

No one, however intelligent or educated, is 100% logical all the time. When ordering food at your favorite eatery, for instance, you likely won't analyze the pros and cons of every single item on the ...

Rachel Fairbank is a freelance science writer based in Texas. When she is not writing, she can be found spending time with her family, or at her local boxing gym. There are all sorts of cognitive ...

To succeed as a startup founder you need to make as many correct decisions as possible in the context of the available information and resources. Consequently, being aware of some of the common ...

Unconscious biases play a significant role in shaping attitudes, actions, and decisions. These biases, often based on social stereotypes, are unintentional, automatic, and deeply ingrained in the ...

Psychology says people who never celebrate their achievements often experience cognitive biases that cause them to overlook ...

Sometimes our instincts lead us down the wrong path when it comes to money. We tend to focus on the negative, avoid risk and take a while to adjust to change. In behavioral economics, these mindsets ...

As investors, we like to think that every decision to buy, sell, or hold is deeply rooted in logic and discipline. Unfortunately, that's not always the case. Investors are inherently vulnerable to ...

This is the seventh article in a series focusing on the Big Five personality traits and how they relate to the behavioral biases of investors. Over the years, I have followed a debate between the ...