The first price we encounter often sets our expectations for future prices.
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Explore the hidden forces shaping our decisions in Dan Ariely's *Predictably Irrational*.
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We often fantasize about the day when things will finally go our way. We have highly positive expectations of the future, but once what we expected did not match our reality we feel hurt and lost.
Expectations frustrate us when we idealize a certain future but our actions and our behavior ...
In the equity market, investors bid for stocks by offering a certain price, and sellers ask for a specific price. When these two prices match, a sale occurs. Often, there are many investors bidding on the same stock. When this occurs, the first investor to place the bid is the first to get the st...
It is the tendency to evaluate things exclusively in terms of extreme categories.
It sets us up for chronic disappointment: When our expectations are consistently exaggerated, we never meet them and then always feel bad about ourselves.
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