Ever wondered why smart people make bad investment decisions, you're not alone. Markets move on emotion as much as they do on math. This is known as behavioral finance.

When you come across articles about human decision-making, whether in the popular press or scientific literature, the probability is high that the expression "cognitive bias" is likely to be used. In ...

Understanding and overcoming this cognitive bias in finance and investing Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his ...

Physicians practicing in an emergency department with trainees make errors similar to those made in inpatient wards, with physicians making more information- processing errors than errors of ...

In a total of 274 closed cases of medical injury, the mean age of the patients was 49 years old and 45% were women (Table 1). The reviews performed by the coinvestigators were all confirmed by the ...

AI makes us a bit better but makes us believe we’re much better, letting confidence grow faster than actual skill.

NEW YORK (Reuters Health) - The tiny particles in vehicle exhaust and other sources of air pollution may hasten cognitive decline in older adults, according to a new U. S. study. “We decided to ...

In its 2015 report Improving Diagnosis in Health Care, the Institute of Medicine (IOM) defines diagnostic error two ways: (1) “The failure to establish an accurate ...