This is the 14th article in the Behavioral Finance and Macroeconomics series exploring the effect behavior has on markets and the economy as a whole and how advisors who understand this relationship ...

Lawyers strive for fairness and justice in every case they handle. However, the behavioral science research shows that human reasoning in legal contexts is inherently flawed and vulnerable to both ...

Cognitive reframing operates on the basis that everyone’s perceptions and feelings are unique. Your perceptions of an event, for instance, may be very different from those of a friend or co-worker.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Anchoring is another pervasive cognitive bias in legal settings. This occurs when the initial piece of evidence someone ...

Most of the time, cognitive dissonance seems like an internal battle: You believe one thing but act in opposition to that belief, or you believe two contradictory things and are forced to reconcile ...

One of the more overlooked aspects of bipolar disorder is the potential for developing a degree of cognitive deficit as part of the illness. This omission reflects the reality that mainstream print ...

Interestingly, though Trump told the audience that the tests are difficult, the example question he mentioned during his ...