Psychological Myopia: The Tendency to Think Short-Sightedly
Psychological myopia refers to the tendency in decision makers to focus on information immediately related to their judgment and to ignore other, less prominent, pieces …
consumer
The Endowment Effect: Why We Overrate the Value of Stuff
Selling and buying stuff at the second-hand market has become a trend. The possibility of saving loads of money is appealing to us. But too …