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COGNITIVE BIAS
Great Eggspectations: Brown, free-range, omega-3 or protein-rich? What’s really worth paying for in an eggIndia’s premium egg market is growing as health-conscious consumers pay more for free-range, cage-free and nutrient-enriched varieties. But...
Beyond the classroom: What makes the ET x LSE leadership programme stand outDesigned for senior executives, the ET x LSE High-Performance Leadership & Strategic Decision-Making programme provides an enriching learni...
AI-powered stock funds bet bots can pick stocks faster and better than humansA select group of fund managers is now incorporating artificial intelligence into their exchange traded funds to guide investment choices. ...
You can lose money for strange reasons like knowledge and sense of control: 5 ways how Dunning-Kruger effect helps in managing your personal financeKnowing about asset allocation and diversification is not the same as knowing what will work in one’s case. That is because one lacks real ...
How cognitive biases shape executive decisions and why debiasing matters for leadersA collaboration between The Economic Times and the London School of Economics & Political Science (LSE), High-Performance Leadership & Stra...
Psychology says people who check their horoscope daily may be trying to reduce an uncomfortable feelingSomeone who checks their horoscope every morning may not necessarily be looking for a glimpse into the future. The habit may instead provid...
Psychology says people who ask AI everything may be unknowingly training their brains to think lessAI can be an extraordinarily useful tool. But psychology suggests that the human mind still benefits from occasionally doing the difficult ...
AI twins were supposed to think like real people, but scientists found they were more rational, more trusting and surprisingly differentNew research suggests AI digital twins may not accurately represent individuals. These artificial versions appear to systematically alter o...
When executive decisions carry greater consequences, better judgement mattersBetter decision-making starts with understanding what shapes judgement. The ET x LSE High-Performance Leadership & Strategic Decision-Makin...
Psychology says people who try to get in an elevator or metro first and not let others disembark aren't necessarily inconsiderate: What this behavior reveals?Psychology says people who try to get in an elevator or metro first and not let others disembark aren't always acting out of malice. The be...
Psychology says people who invent stories about strangers may naturally engage in social imaginationInventing stories about strangers does not necessarily mean someone is nosy, judgmental or disconnected from reality. It may simply reflect...
Psychology says people are more likely to trust someone who admits small mistakesPsychology says your brain forms opinions about strangers in less than a second because quick judgments once helped humans respond to unfam...
Psychology explains why first impressions are so powerful - and so difficult to changeOur brains form quick judgments about people within milliseconds. Confirmation bias reinforces these initial opinions, making them hard to ...
‘I only have time for the important stuff...’: Why some managers control via selective attentionModern workplaces see managers focusing on what they deem important. This selective attention, influenced by cognitive biases, leaves some ...
5 behavioral biases to avoid while investing: Here's how they are negatively impacting your investmentsMarket volatility often triggers emotional biases, leading to flawed investment decisions. Investors tend to make mistakes like panic selli...
Warning signs for investors: These cognitive biases may lead to gamblingCertain cognitive biases and personality traits at different stages of investing can turn investing into a gamble. Read on to know the red ...
Proximity bias – A cognitive troublemaker in modern workspacesProximity bias, favoring in-office employees due to their physical presence, has gained prevalence in remote and hybrid work settings. This...
Optimizing decision-making: Embracing dissent for balanced choicesBoost decision-making: Combat bias with dissenters, compare alternatives rigorously. Pilot projects for innovation. Ensure expert evaluatio...
Anchoring, biases, curse of knowledge: Mistakes that lead to inaccurate judgements at workSocial scientists study how cognitive bias or stereotyping impacts workplace behaviours.
These two cognitive biases are an investor's worst enemiesThis is not exactly ground-breaking, but internalizing this can help financial planners determine which clients could be at risk for making...