It doesn't matter how sensible you may be as an investor. The moment emotion gets involved, impulses tend to take over.

The Shopping Cart Size Manipulation Just having a shopping cart increases the chance of our buying more - which was the ...

A new study reveals that most people fail to recognize racial bias embedded in AI systems, even when it is visible in the training data.

Even a cursory scan of today’s major military powers suggests that their leaders and policy elites are dangerously ...

Explainable AI (XAI) is essential for gaining executive trust in data-driven recommendations. Many high-performing AI models operate as black boxes, making their predictions difficult to interpret.

The majority of people have experienced a psychic phenomenon, according to a new study. Here’s what those strange “gut ...

ABSTRACT: This article develops a neurosociological decision-making model integrating economic sociology, social neuroscience, and Dual-Process cognitive theories. It challenges Rational Choice Theory ...

How AI can assist human decision-making and democratize super-forecasting to better predict uncertain futures.

Despite individuals’ awareness of the risks associated with fraud, they frequently engage in irrational decision-making within the realm of telecom network fraud, revealing a dissonance in their ...

Abstract: We investigate the presence of cognitive biases in three large language models (LLMs): GPT-4o, Gemma 2, and Llama 3.1. The study uses 1,500 experiments across nine established cognitive ...