In my last two entries on this site, I discussed biases and heuristics. I wrote about them separately because I had plenty to say about both, which, for anyone who knows me, is not a surprise. What I ...

In my last two entries on this site, I discussed biases and heuristics. I wrote about them separately because I had plenty to say about both, which, for anyone who knows me, is not a surprise. What I ...

Mark Alfano claims that the heuristics and biases literature supports inferential cognitive situationism, i.e., the view that most of our inferential beliefs are arrived at and retained by means of ...

Cognitive shortcuts (or heuristics) and their consequent psychological and behavioural biases can profoundly affect and shape the judgments and decisions we make in our everyday and professional lives ...

Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. By now, most leaders – or, at least, most thinking leaders – ...

If you enjoyed these tips and tactics, learn more about what's coming next in our industry at the Virtual Financial Advisor Summit. Research shows that 27 percent of adult Americans would need to ...

When faced with a challenge, human beings are generally quick to first try to develop creative solutions. We tend to pick the most logical explanation we can find, ignoring all contradictory or ...

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