Researchers are calling for a more reliable approach to understanding water-related hazards by explicitly accounting for ...

Discover how loss aversion affects decision-making and financial behavior in this article. Learn how to overcome its effects ...

McDonald's faces headwinds from cautious consumer spending, failed beverage ventures, and negative feedback on new menu items ...

Advisers too often assume all people have somewhat similar preferences. The result is that outliers get investments that ...

When it comes to money, it’s easy to let your emotions get the best of you – particularly during periods of personal stress ...

In most negotiations, people assume success comes from persuasion or compromise at the table. But those who understand game ...

In the world of financial planning, numbers may reign supreme, but human behavior is often the silent force that determines success or failure. Market volatility, economic uncertainty, and personal ...

Financial advisers have heard how an active, factor-based approach can help eliminate the three-body problem in financial advice.

Broadly speaking, opportunity risk can be thought of as “the potential loss or missed opportunity that an organization faces ...

Sunk cost is the actual money or resource already spent, while the sunk cost fallacy is the mistake of letting that unrecoverable cost influence a future decision.