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 ...
Rational Emotive Behavior Therapy (REBT) is an established cognitive-behavioural intervention centred on identifying and challenging irrational beliefs that contribute to emotional disturbances.
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 ...
Hundreds of years ago, two English philosophers wrote about their views on human nature. In Leviathan, Thomas Hobbes set forth the argument that when “men live without other security than what their ...
Forbes contributors publish independent expert analyses and insights. Hersh Shefrin analyzes how psychology impacts markets and policy. This article is more than 3 years old. The inflation which ...
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 ...
DEAR ABBY: How do I tell my friend I feel she needs a mental health evaluation? She has been my closest friend for 20 years, and we have been through many trials together. She has been married for a ...
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