Blockchain explained: It builds trust when you need it most These days, we’re having a harder and harder time trusting each other.Trust is an essential part of ordinary living, whether it’s picking mechanics based on Yelp reviews, sliding credit cards … Continue reading What the heck is blockchain?
How Do Investors Compare Index Fund Fees? Imagine that you’re searching for a new car. And you’ve found two cars from different manufacturers that are effectively the same in terms of fuel efficiency, horsepower, and style. But one costs $20,000, … Continue reading Identical funds different fees
Complexity Bias: Why We Prefer Complicated to Simple Complexity bias is a logical fallacy that leads us to give undue credence to complex concepts. Faced with two competing hypotheses, we are likely to choose the most complex one. That’s usually … Continue reading Is life really simple?
Our 5 Favorite Behavioral Insights of 2017 We’ve learned a lot this year. Thankfully, we haven’t uncovered all the strange little quirks in human decision making, so with every passing year, a few more insights come to light. As 2017 … Continue reading The 2017 most innovative ideas
Behavioral Science Jokes! The field of behavioral science is relatively new, and, as far as jokes go, working on this list taught me that we have a ways to go. Chemistry and physics seem to be doing ok, but to … Continue reading Joking on behavior
Behavioral insights are key to retirement success When University of Chicago Economist Richard H. Thaler was awarded the 2017 Nobel Prize for his seminal role in behavioral economics, it came as no surprise to those of us working in the … Continue reading The retirement challenge
How Our Personal Finances Can Make Us Happy The idea that money generally, and the state of our finances, in particular, should be an essential contributor to our happiness seems obvious. When we handle money wisely give it an appropriate … Continue reading Is money the star of the show?