Behavioral Economics

How Behavioural Economics Holds the Key to a More Inclusive Future of Finance Decentralised finance (DeFi) is poised to transform the financial industry with its innovative, decentralised approach to financial services. …

Acquiring new possessions can lead to a cycle of wanting and obtaining more. — Why do we buy things we don’t need? All of us fall victim to this behaviour a few times. Last month, I changed my living room’s layout and the wallpaper. With the new design and the wallpaper, my mind went into overdrive. …

We come across dozens of individuals every single day. Rather, a new dozen every other day. Some at work, some on the street, some via our social circles or some at that random bus stop. But, how many of them do we truly remember? Let me rephrase it, how many…

Some firemen went into a house where the fire was in the kitchen. While they were putting out the fire, the commander, who had been a firefighter the longest, suddenly yelled, “Get out!” As soon as they left, the floor in the kitchen fell apart. The commander finally realized that…

Today we continue with a new publication in which we will talk about the interesting world of Behavioural Finance. This discipline rejects the basic conception of traditional economics and helps us to discover the most common biases that we humans commit when making our investments. …

There once lived in a little village a guy by the name of Peter. Peter was born into a low-income family and has always experienced financial difficulties. He had tried hard, but he had never been able to get out of poverty. Peter discovered he inherited a tiny plot of…

I’ve written about how a story is a way for humans to experience human givens through your characters. This is all deep and highbrow, but what about boredom? Boredom is powerful. We react instinctually when bored. You might not even have the attention span to make it through all 2,200…