If a rational person says they are going to do something, it’s a common-sense habit that they follow through with it. This ...
To make your small business operate effectively, you need managers who can supervise employees and make decisions using the right combination of logic and intuition. However, managers are people, too, ...
It can be difficult to figure out how to deal with a boss who has a tendency to be irrational. You might characterize them as volatile, highly demanding, and generally hard to please. Perhaps they ...
A couple weeks ago, I watched a documentary on Netflix ( NFLX) entitled, "(Dis)Honesty - The Truth About Lies". The film is about the research of Duke's Professor of Psychology and Behavioral ...
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 ...
I frequently see investors get into trouble by trying to anticipate irrationality and trading on that prediction. The market frequently does act irrationally, but the better way to take advantage is ...
Dealing with an irrational person can be difficult because you're stuck between wanting to help them and knowing that no matter what you say, there's always going to be a slim chance that they'll ...
Ahhh summertime! The time of year many of us go somewhere, anywhere, to get away from the heat. Which is also, usually, a great time to catch up on your reading. So, I thought it would be a good time ...