Author name: Alexander Whaley

Financial stress is a prevalent issue in the lives of many Americans, causing anxiety regardless of income level. The constant […]

Understanding the intricate relationship between human behavior and financial decision-making is paramount in personal finance and wealth management. By combining

Exercising self-control can be a challenging endeavor. Whether it’s resisting the temptation of unhealthy foods, managing impulsive behaviors, or staying

Bounded rationality challenges the assumptions of perfect rationality in economics and recognizes the cognitive limitations of decision-making agents. This concept

Have you ever made a financial decision and later regretted it? You’re not alone. Regret is a powerful emotion that

Behavioral finance, the fusion of psychology and finance, offers profound insights into how human behavior shapes financial decisions and influences

Mental accounting plays a fundamental role in shaping our financial strategies. It refers to the cognitive process through which individuals

In today’s modern society, consumers are faced with an abundance of choices. From grocery store aisles to online shopping platforms,

Markets are complex entities that are not always driven by rationality and efficiency. In fact, individual and group psychology play

Reference dependence, relative comparisons, and context all play a crucial role in decision-making. In the field of behavioral economics, reference