Saturday, May 31, 2014
Less than 36 hours lest to buy things cheaply
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Coaching Your Employees
On May 12, we wrote you regarding a special offer for the HBR Guide to Coaching Your Employees. We wanted to follow up before this special offer closes. The original offer is presented below. If you are not interested, we apologize for the intrusion. |
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How loyal are your best customers?
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Friday, May 30, 2014
Really Affordable Prices for you
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The Daily Stat: Gratitude Can Make You More Patient for Future Rewards
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May 30, 2014 Is the Possibility Bias Keeping Us from Having Crazy Fun?Amateur auto racers aren't reckless; in fact, they're more rational about choices than the average population, according to a study by Mary Riddel of the University of Nevada, Las Vegas, and Sonja Kolstoe of the University of Oregon. Survey results show that racers' behavior arises not from a devil-may-care attitude but from a relative insensitivity to what's known as the "possibility" bias, an exaggerated fear of possible but low-probability negative events and an exaggerated expectation of low-probability positive events. The possibility bias, which afflicts the majority of people, leads to poor financial decisions, such as overinsuring against highly unlikely losses and overinvesting in highly unlikely payoffs. SOURCE: Heterogeneity in life-duration preferences: Are risky recreationists really more risk loving? |
FEATURED PRODUCTHBR Guide to Finance Basics for Managers eBook + Tools |
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