On Bloomberg Radio, Professor Nachum Sicherman discusses his research on the “ostrich effect:” the tendency of investors to avoid looking at their portfolios when markets are down.
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On Bloomberg Radio, Professor Nachum Sicherman discusses his research on the “ostrich effect:” the tendency of investors to avoid looking at their portfolios when markets are down.
Eric Johnson: Behavioral Economics and Time Preference
Columbia Ideas at Work
3 minutes 14 seconds
13 years ago
Eric Johnson: Behavioral Economics and Time Preference
Professor Eric Johnson explains time preferences and present bias, and how these behavioral phenomena affect the choices we make.
Read the story: http://bit.ly/first-in-trouble
Columbia Ideas at Work
On Bloomberg Radio, Professor Nachum Sicherman discusses his research on the “ostrich effect:” the tendency of investors to avoid looking at their portfolios when markets are down.