Twelve-year-old Jaysen Carr died in July 2025. While he swam in Lake Murray, a reservoir a few miles from Columbia, South ...

Rational Emotive Behavior Therapy (REBT) is an established cognitive-behavioural intervention centred on identifying and challenging irrational beliefs that contribute to emotional disturbances.

— -- You may think that other people act irrationally, but you're too smart and sophisticated. Dream on, say Ori Brafman and Rom Brafman in their brief, summer release, Sway: The Irresistible ...

Investors are human. And as humans, they're prone to biases and psychological influences that lead to irrational decision-making. You need only look at the stock market – which has soared to all-time ...

Many reactions to COVID-19 can be explained by one simple concept: intertemporal substitution. Its awkward name notwithstanding, the idea helps to make sense of many behaviors that otherwise might ...

Human beings are predisposed to make bad investment decisions. Our natural reactions will lead us to buy near the peaks and sell near the lows, which is not a good recipe for building wealth.

My fellow PT blogger Dan Ariely is one of the most creative behavioral economists in the world today, one of the hotshots in currently the hottest academic field. Ariely is to behavioral economics ...

I recently read an article by the Nobel Prize-winning economist Paul Krugman in which he described the renewed battle between so-called freshwater economists (so named because they are largely based ...