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Experimental participants viewed symbols on a computer screen without knowing that these symbols had earlier been subliminally flashed on the screen. Half the participants reported experiencing
Behavioral Economists
Specialists in economics focusing on how psychological, emotional, cultural, and social factors influence the economic decisions of individuals and institutions.
Realized Losses
Losses that occur when an asset is sold for less than its purchase price, thereby converting a theoretical loss into an actual loss.
Aversion
A strong dislike or disinclination towards something, often used in economics in the context of risk aversion.
Overconfidence
The bias in which someone's subjective confidence in their judgements is greater than their objective accuracy.
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