finance

The Other Side of Hope
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The Other Side of Hope

Finance & Investing, Marketing & Consumer Behavior

The Other Side of Hope

Hope is a positive emotion. It helps people to get through hard times. But hope can have a flip side: it keeps people from walking away from bad situations when they should. When it's time to sell losing stocks, as explained in this article, the hope to break even might make investors end up in a worse financial situation.

By Siria Xiyueyao Luo|2022-12-12T07:25:05+00:00December 6th, 2022|Categories: Finance & Investing, Marketing & Consumer Behavior|Tags: behavioral finance, disposition effect, equity markets, finance, hope, investment, investor behavior, loss aversion, regret aversion|

No Data, No Drama: How Behavioral Science Can Help the Banking Industry
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No Data, No Drama: How Behavioral Science Can Help the Banking Industry

Behavioral Theory & Insights, Finance & Investing, Research Methods

No Data, No Drama: How Behavioral Science Can Help the Banking Industry

With most of its attention captured by the global fervor around 'big data', the banking industry has failed to give behavioral science the attention it deserves. I argue that, considering today’s challenges to fully take advantage of big data, implementing insights from behavioral science is a more cost-effective approach to improve customer experience in banking.

By Flavien Hue|2022-06-30T01:22:12+00:00April 21st, 2020|Categories: Behavioral Theory & Insights, Finance & Investing, Research Methods|Tags: behavioral science, completion bias, data science, experimentation, finance, nudge, online behavior, personal finance, RCT, sunk cost fallacy|