Investing in the financial markets is a complex endeavor influenced not only by economic factors and market dynamics but also by human behavior. Traditional finance theory assumes that investors make ...

In This Episode, You’ll Hear... In This Episode, You’ll Hear... You can listen to this and other episodes of the Big Picture in Practice podcast by Morningstar on all major streaming platforms. You ...

Managing money can be a complex and emotional endeavor when it involves our family funds, but when it comes to those of the businesses we run, it is even more complicated. One wrong move and the ...

Financial markets aren’t filled with perfectly rational actors. Even professional investors, who make their living conducting investment research, see a persistent gap between real and reported ...

Some years ago, my colleague and cycling friend Dr. Edward Morey and I had many stimulating conversations about various aspects of animal behavior including decision-making, and whether or not ...

The Effect of Mental Illness on Autonomous Decision-Making Capacity. One key tenet of medical ethics is respect for patient autonomy. Respect for autonomy generally requires treating patients as ...

Dealing with uncertainty is an unavoidable part of life, and for many, it can be a major source of stress and anxiety. However, not everyone handles this challenge in the same way—and some strategies ...

Forbes contributors publish independent expert analyses and insights. Scott Hutcheson teaches leadership at Purdue University. AI embodies Popper's metaphor: "clocks" represent the deterministic, rule ...