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Differences Between Cognitive Errors and Emotional Biases

October 20, 2017

Cognitive Errors are basic statistical, information-processing, or memory errors that cause the decision to deviate from the rational decisions of traditional finance.

Emotional Biases arise spontaneously as a result of attitudes and feelings that can cause the decision to deviate from the rational decisions of traditional finance.

Cognitive errors are more easily corrected than emotional biases.

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From → Economics

4 Comments
  1. Alex permalink

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    • This is a free blog hosted by WordPress.com anyone can use it. But I think it has gotten slower as it tracks visitors more and more in-order to remarket to them. The backend UI has also gotten bigger and more bloated. I don’t use it on my personal website, but the cost is still free.

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