But in this theory, the environment plays a large part in learning. We model the behavior of the people around us, especially if we find these models similar to ourselves or if we want to emulate ...

Reviewed by Andy Smith Modern portfolio theory (MPT) and behavioral finance represent differing schools of thought that ...

Give an example of... Behavioral-based interview questions are perhaps some of the more challenging questions you’ll encounter in an interview. They are based on the theory that past experiences are a ...

(See “Daniel Kahneman: The Thought Leader Interview,” by Michael Schrage, s+b, Winter 2003.) The application of behavioral finance theory to corporate finance is now attracting the attention of a ...

In the model of rational action assumed by traditional ... and then choose the option in their own self-interest. Behavioral economic theories are used to explain most everyday decisions, such ...

but they often make simple assumptions about the impact of policies on longer-term behavior, based on little evidence or theory. These assumptions can greatly affect model results. There has been ...