There’s an old saying among investors that “the market can stay irrational longer than you can stay liquid.” It’s a tongue-in-cheek nod to behavioral finance: the concept of applying rational thinking ...

Investors are human. And as humans, they're prone to biases and psychological influences that lead to irrational decision-making. You need only look at the stock market – which has soared to all-time ...

Many reactions to COVID-19 can be explained by one simple concept: intertemporal substitution. Its awkward name notwithstanding, the idea helps to make sense of many behaviors that otherwise might ...

Rational Emotive Behavior Therapy (REBT) is an established cognitive-behavioural intervention centred on identifying and challenging irrational beliefs that contribute to emotional disturbances.

As a behavioral economist, Dan Ariely studies the way people make economic decisions. His conclusion? We don't do it the way economists typically say we do. Instead, he finds, humans are "predictably ...