Forbes contributors publish independent expert analyses and insights. Tim Maurer covers how personal finance is more personal than finance. Aug 22, 2021, 07:00am EDT Aug 23, 2021, 10:40am EDT This ...

I am currently writing a series of articles on behavioural finance. One of the books that strongly links to this field is The Behavior Gap by Carl Richards. In the book, Richards explains the ...

For decades, financial theory has assumed that investors behave rationally. They are expected to collect information, weigh probabilities, and make decisions that maximise expected returns. In reality ...

Ph.D. candidate Shekinah Dare researched which psychological factors contribute to responsible financial behavior and well-being. She wants to use this knowledge to develop interventions to encourage ...

When we think of status symbols, we tend to picture luxury cars, haute couture, private planes and other conspicuous displays of material wealth. In contrast, it’s hard to imagine that in 17th century ...

Behavioral economics combines the study of economics and the study of psychology to understand how people make financial decisions. "The best investment is not necessarily the one that shows the ...

Behavioral finance is growing in popularity and changing how advisors view the market. Behavioral finance also requires advisors to take a more sophisticated approach when interacting with clients.