Tag: psychology
The evidence is clear: fraud causes investors to shed their shares of stock. When the stock market is booming, fraud swirls unnoticed beneath the frothy surface. Only when the market busts, as it did in the fall of 2008, are allegations of fraud and financial shenanigans exposed to the public. When they are, and rattled…
There’s a bright line between an impulse purchase and compulsive spending. When something new catches her eye, the impulsive buyer snaps it up and enjoys the splurge. There is no such enjoyment for the compulsive buyer. The act of buying temporarily alleviates her anxiety but she inevitably feels guilt or regret. A new study explores…
