Home › Treasury & Cash Management › BASIS POINTS: How You Really Make Economic Decisions

BASIS POINTS: How You Really Make Economic Decisions

August 26, 2010

by Karen M. Kroll

in

Forget everything you learned about "rational" economic decision-making. New lab research shows how people really act.

Lab Experiments Can Guide Decision-Making and Boost Profits | Source: The Big Fat Finance Blog.

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Average: 1 (1 vote)

Basic points responsible to

On December 25th, 2011 marilynlewis (not verified) said:

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Consciousness and hard work

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Rationalizing the irrational

On August 31st, 2010 Keith Milsner (not verified) said:

Yes we are rational thinkers! In a sense that we give reason or rationalize our actions and behaviours that was the result of non-rational decision making. Here's a good video on youtube about what really motivates us: http://www.youtube.com/watch?v=u6XAPnuFjJc .
Keith | live chat for business.