myopic loss aversion: a behavioral answer to the equity premium puzzle?
It’s well known to new and old investors alike that stocks yield much higher returns than bonds and other riskless securities. In fact, in the last 100 years US equities have seen an 8% average annual...
View Articlebringing mentoring models into the 21st century
As we continue forward into a new presidential administration, many of us feel a renewed commitment to support our youngest citizens, especially those from low-income communities, to prepare for...
View Articlenudges: one response to america’s looming retirement crisis
Decades of psychological research have revealed a fundamental reality about our human nature: we are lazy when it comes to planning for long-term issues like retirement. The silver lining is that...
View ArticleNudging ahead (Part One)
Introduction Nudges, as characterized by Thaler and Sunstein (2008), aim to improve personal and societal welfare by steering our decision-making through insights from psychology and behavioral...
View ArticleNudging Ahead (Part Two)
Nudges, as characterized by Thaler and Sunstein (2008), aim to improve personal and societal welfare by steering our decision-making through insights from psychology and behavioral economics, without...
View ArticleNudging Ahead (Part Three)
Nudges, as characterized by Thaler and Sunstein (2008), aim to improve personal and societal welfare by steering our decision-making through insights from psychology and behavioral economics, without...
View ArticleFrom Pink Milk to Smart Questions, How to Be a Rebel Leader
This month, Francesca Gino, a professor at Harvard Business School, published her book Rebel Talent: Why it Pays to Break the Rules at Work and in Life. We’re pleased to share a short Q&A with...
View ArticleAdam Grant: Understanding People Who Aren’t Like You
This is part of our “Ask a Behavioral Scientist” series, where we give readers the opportunity to pose a question to leading behavioral scientists. Have a question? Ask it here. Q: What insight from...
View ArticleA Behavioral Scientist’s Guide to (Not) Betting on the 2018 World Cup
On Thursday the 2018 FIFA World Cup, a monthlong competition featuring men’s soccer teams from 32 nations, kicks off when the hosts, Russia, face Saudi Arabia. The World Cup, which happens every four...
View ArticleHow Performance Evaluations Hurt Gender Equality
I was told I was too aggressive, I was too blunt, I was too direct, and that I sounded pompous when I offered advice on recruiting, despite the fact that I had been there twice and was very...
View ArticleFreeing Econ 101: Beyond the Grasp of the Invisible Hand
Three decades before he was head of the Harvard economics department, David Laibson was a high schooler on his way to take his first econ course in that very same department. It was the summer before...
View ArticleIn Remembrance of James March
In Remembrance of James March Legendary Sociologist James (Jim) March passed away on September 27th at the age of 90. Jim was a member of BSPA’s board and we wanted to pay tribute to his legacy by...
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