The young are fearless and bold. The old are scared and cautious. That’s the conventional view of how we feel about risk over the course of a lifetime. New research in behavioral economics and neuroscience, however, is complicating this simple picture.
'Noisy' Brains May Trip Up Older Adults on Financial Matters
Older investors prone to mental misfires while playing the market
Why older brains stand to lose more
The perfect level of stress
'Worry' spot in brain linked to financial learning
Maybe a little anxiety couldn't hurt
As I've mentioned before, I come from a long line of worriers. So I was pleased to get a press release about a new study that suggested a little fretting might be a good thing. I felt compelled to call Gregory Samanez-Larkin, the Stanford psychology grad student who's the study's lead author, although I was a little anxious about what he might have to say.
A little anxiety pays sometimes, study shows
Quando l'ansia gioca d'anticipo
L'ansia "anticipatoria" è quella che ci fa stare sulle spine settimane prima di un esame o di una prova particolarmente impegnativa. A volte può essere un problema. Pare invece che sia l'asso nella manica di broker, consulenti finanziari e operatori di borsa: li aiuta, sembra, ad agire con lungimiranza.
Why do we make bad decisions? Findings from a new science
We all make bad decisions from time to time, decisions that diminish our well-being either right away or years later. However, some of these bad decisions are more than occasional, rising to the level of chronic patterns in the general population. Many of these recurring behaviors seemingly defy rational explanations.