RCM – Global Foresight Q2 2019 – Citing David Harris, CFA and Chief Investment Officer of RAM
Our minds really do play tricks on us – the red dots are actually the same size. The irrational way the human brain processes data spurred the development of Behavioral Decision Theory (BDT), the academic discipline that applies psychology to decision making. BDT challenges the long-held assumption in economics and finance that people act in their rational … Continued