Do generative AI models, particularly large language models (LLMs), exhibit systematic behavioral biases in economic and financial decisions? If so, how can these biases be mitigated? Drawing on the ...

Behavioral Finance is the application of psychology to finance and investing. It has produced deep insights into how investors think and behave as well as how financial markets behave. Learn more ...

As advisors incorporate behavioral finance more in their practices, the focus has been entirely on the potential harm investors might cause themselves through their own biases. However, advisor biases ...

There's a correlation between high levels of some biases and unfavorable financial outcomes, research shows. These connections hold true even when controlling for demographic information like age, ...

This article was written by Mark Gorzycki and Mahesh Kashyap, co-founders of Kievanos. As a species that relies heavily on cognitive ability for our evolutionary success, it’s no surprise that many of ...

Bias in AI isn’t just baked into the training data; it’s shaped by us and embedded in the broader ecosystem of human-AI interaction. This cognitive bias emerges from the dynamic interplay between ...

Your investment decisions may be based on more than your knowledge of the markets. Money itself is a very emotional topic — greed, fear of loss and worry about making ends meet can all impact how we ...

When you think of the subject “Behavioral Finance,” your mind might veer toward behavioral biases. You might think of herding behavior and the role it played in meme stocks and the chaos of Silicon ...

Animal behavior research relies on careful observation of animals. Researchers might spend months in a jungle habitat watching tropical birds mate and raise their young. They might track the rates of ...

Can your brain influence your investment accounts? The study of behavioral economics would suggest that it could. Behavioral economics is a psychological study of how cognitive and emotional factors ...

Wealth Strategist, Director of Development at Waddell & Associates, orchestrating financial affairs of clients and building the W&A brand. When analyzing our finances, it’s easy to get lost in ...