Discover how the CNN Effect influences markets, consumer behavior, and foreign policy through 24/7 news cycles. Learn its ...

Discover how the substitution effect impacts consumers and businesses. Learn how price changes influence spending habits and ...

When an accident happens, people know they should ask for help. Whether that’s calling emergency services or finding someone who’s in charge, the intention to help can exist. But then, everyone stands ...

Imagine making a crucial decision only to realize later that your choice was heavily influenced by the first piece of information you encountered. This cognitive bias, known as the anchoring effect, ...

Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. Do you ever find yourself doing something simply because ...

Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. The anchoring effect refers to our tendency to rely too ...

A high school quarterback went from being a confident athlete to being a disinterested player on the football team. He explained his feelings like this in a 2012 article by Sports Psychology Today: ...