retaliator (58)in Project HOPE • 3 years agoHuman misjudgment - How we get things WRONG!Rationality We have discussed rationality and thought a lot , and, in the end, we concluded that humans tend to…retaliator (58)in Project HOPE • 4 years agoProbabilities are complicated - How YOU misjudge uncertainty!Probabilities The probability of an event tells us how likely it is no happen in the period of time we're…retaliator (58)in Project HOPE • 4 years agoThe consequences of high Efficiency - Making money is HARD!Efficiency We explored Efficiency on one of my previous posts , but, in short, it is a measure of how well prices…retaliator (58)in Project HOPE • 4 years agoThe Human Value Function - How we make DecisionsValue Function In one of the most cited papers in Economics, Kahneman & Tversky present the Value Function:…retaliator (58)in Project HOPE • 4 years agoMarket Efficiency - What is it?Market Efficiency Efficiency is defined as: How quickly is new information considered for determining the price…retaliator (58)in Project HOPE • 4 years agoHow Inflation can wipe out your savings, debt, and Bond investments - At the same time!Inflation I talked about Inflation in a previous post , but, in essence, you can think about it as a decrease in…retaliator (58)in Project HOPE • 4 years agoHow Limited Liability allows you to invest! - LLCs explainedBefore Limited Liability For a long time, investors in a company were liable for that company's bad decisions…retaliator (58)in Project HOPE • 4 years agoTake advantage of Shorting! - What really is Shorting and how Investors can use this toolShorting You probably already heard of the term Shorting and maybe even have some idea of how it works, but how…retaliator (58)in Project HOPE • 4 years agoPortefolio Diversification - Why it's so important and how it works!Risk I've talked about Risk in a previous post, and how we can minimize our chances of failure using…retaliator (58)in Project HOPE • 4 years agoDisasters and Insurance - Protecting ourselves from the WorseDisaster Insurance Disasters are, sadly, a common occurrence in our world. As such, many tools have been created to…retaliator (58)in Project HOPE • 4 years agoThe problems with Insurance - Moral Hazard and Selection BiasInsurance I talked about Insurance in my last post , but, in short, you can think of it as any imaginable…retaliator (58)in Project HOPE • 4 years agoPreventing Risk - How Insurance WorksRisk Just like we saw in my last post , every single decision we make carries with it some risk. So, how can we…retaliator (58)in Project HOPE • 4 years agoRisk - Why nothing is risk-free and how to compare different Risks!Risk Risk is also a board game "the possibility of something bad happening" ( Cambridge Dictionary ) It's…retaliator (58)in Project HOPE • 4 years agoFinance is a Tool - What does that mean for Society?Finance We have explored Finantial Markets in an earlier post. Now, we'll cover it again, but this time…retaliator (58)in Project HOPE • 4 years agoWhy your Happiness can't increase foreverHappiness As we have explored in my last post , happiness is influenced by many factors, namely material and…retaliator (58)in #economics • 4 years agoTake a look!Click it You know you want it ;) Itretaliator (58)in Project HOPE • 4 years agoHappiness and Money - How does Money influence happiness?Happiness and Money In classical economics, it's assumed that humans have unlimited wishes, we always want…retaliator (58)in Project HOPE • 4 years agoHow effective is Foreign Aid? - Is it worth it?Foreign Aid Foreign Aid is international help sent by richer countries to developing countries. It is intended to…retaliator (58)in Project HOPE • 4 years agoHow do immigrants affect the economy?Immigration People migrate inside their own countries and between countries for various reasons, the main one being…retaliator (58)in Project HOPE • 4 years agoWhy do taxes exist??Taxes Taxes have been a part of human society from the beginning of time, from the Roman Empire to the Egyptians.…