Category: Behavioral Economics

The confirmation bias

The Confirmation Bias

  Eblis said, “No man who thinks ill, will hear the truth despite a hundred signs.” When one who fantasises is presented with reason his fantasies increase. When one talks to such a person,...

by laurent casimir

The Bandwagon Effect

“The horrible thing about the Two Minutes Hate was not that one was obliged to act a part, but, on the contrary, that it was impossible to avoid joining in. Within thirty seconds any...