Behavioural Finance 

When irrationality helps

Chris Dillow

Chris Dillow
When irrationality helps

For years, I’ve been warning investors (and myself) about the countless errors of judgment, or cognitive biases, to which we are all prone. But might I have been wrong, and that what look like mistakes are in fact ways of helping us to reach better decisions? I ask because of a recent paper by Bjoern Hartig of Royal Holloway University in London.

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